Managerial Decisions making then and Today
Recently I had a discussion with a group of business leaders that were exploring ways to improve the performance of their companies. I had given a presentation and following the presentation we had a talk. The discussion took off from the content of the presentation but took a “life of its own” leading what seemed […]
The Two Key and Crucial Tasks Each Manager Must Excel at
Managers, at all levels, like any other human being have only 24 hours a day and seven days a week available to them. And much like any other human being the key differentiating factor in the ability of a person to excel at what they do lies in the effectiveness they use this available time. […]
Control, Over-Control and Out-Of-Control
It seems obvious, control of systems is necessary for their performance. It provides the identification required to ensure actions taken result with the desired outcome, it provides people with guidance and allows managers to intervene effectively. Can it be however, that the commonly used control systems, not only do not satisfy these important needs, but […]
Base your management decisions on solid foundations
In my previous post I tried to demonstrate how cost accounting based measures are leading you astray. There is a better alternative, sound, consistent and aligned with business objectives. I often wonder, why is it that we continue using things we know are not good enough, or even bad? I believe there are two […]
Cost accounting measures are leading you astray
A good friend and mentor told me many years ago that “If you ask lousy questions, don’t be surprised to get lousy answers”. I found over the years two facts: The first one is that this sentence is amazingly true and the second, is that with small adjustments this sentence can be rewritten to accurately […]
