In Times Of Trouble, Do Not Become Schizophrenic But Let Your Focus Be Emphatic

Schizophrenic patients suffer split personalities, characterised by withdrawal from reality and behavioural disturbances. Management needs to have very sharp and emphatic focus rather than become schizophrenic.

Four Cs for Restructuring: Communication, Concentration, Cost Cutting and Cash

Typically in a major restructuring exercise, the timing is extremely short for you to deliver the positive results. There are many things to do and remember. However, you need to prioritise and remember these four Cs.

Criticism Gets You No Where

Any one can criticize, condemn and complain. But it takes character and self-control to be understanding and forgiving. It is also a much smarter way to live. Read about ways that are more effective since they lead to more solutions, improvement and change than any amount of criticism could ever do.

A Troubled Company Cannot Do a Quick Fix by Marrying Another Problematic One

You cannot fix a bad computer with another bad one. The viruses residing in each of the partner will spread to one another causing both to be ruined

Downsizing is Akin to Amputation – It Creates Negative Side Effects

Downsizing is like an amputation, which removes part of one's body but creates side effects such as low staff morale and bad reputation.

Silence Worth $15 million

Knowing what to change is not enough. You need to get the owners of the problem to find it for themselves. Here is a story to illustrate.

Why Change Fails

With increasing pressure in the workplace, managers are required to continuously improve productivity, grow or contract their operations, outsource or insource, new system here, manage the legacy system there, acquire and dispose. The working environment is continually changing inside organizations, and for our customers it isn’t any easier. There isn’t always a willingness to accept the reality of change inside organizations, but since it’s a reality why do we always make it as hard as possible for ourselves. The key is that although we communicate more than ever, we aren’t good at managing the people-impacts of change.

People Like Change

I've often heard it said that People Don't Like Change. But is this really true? If it were true, wouldn’t we still be hunter gatherers, eking out a nomadic existence?

Pregnancy Takes Nine Months, Gestation Of Leading-Edge Technology Takes Time Too

Many healthy companies fall into the trap of their success. They tend to be more 'technology' driven mode rather than being ‘market’ driven. Many companies developed the product first then start out looking for the market. Successful companies look at the market first then start developing the products.

Ineffective Publicity Campaign Is Only Short Term Thrill

You may have a better mousetrap, but if you do not effectively promote your mousetrap, how are your customers going to beat a path to your door?

What Do You Do When Change Happens?

As a leader, you constantly face three options: going all out for new opportunities, meeting challenges head on when they are still manageable, and doing nothing. In every case, whether explicit or not, you make a decision about how to deal with the change. What will you do?

Companies Need To Rest To Recharge

One of the most effective ways to improve mental and physical health is rest. People also produce their best results when they are relaxed and comfortable at their workplace. The first concept of rest in the corporate context is stability. Therein, lies an apparent paradox. To cope with the rapid changes, the company needs to change. Yet, in the quest for growth-inducing changes, the company needs to have rest and stability.

Eight Deadly Sins of Mergers and Acquisitions

According to a variety of reports, trillions of dollars of deals in Mergers and Acquisitions (M&As) have been consummated in 2006, surpassing the figures at the peak of 2000 activities. It is common knowledge that once these M&As have been consummated, the bankers and corporate executives realize substantial financial rewards, as well as the investors of acquired companies. The news media does not provide the same level of coverage on what is needed to make these corporate marriages succeed. It is critical to report on the challenges of Post Merger Integration (PMI). For these M&As to succeed, the corporate executives must avoid eight classic mistakes (i.e. deadly sins) of M&As.