Note: This post originally appeared on my Optimize Business Results blog on January 23, 2011. Across the U.S., scores of municipalities technically are bankrupt, as their financial obligations far outstrip their ability to cover them. Some cities already have declared bankruptcy legally. Politicians nationwide desperately are seeking ways to stave off bankruptcy by stemming the [Continue Reading…]
Are You Treating the Symptoms or the “Disease?”
Note: This post originally appeared on my Optimize Business Results blog on January 19, 2011. Editorial changes have been made here. On January 18, 2011 a high school student in Gardena, CA brought a loaded gun to school in his backpack. During the third period class he dropped the backpack on a desk, causing the [Continue Reading…]
What You Didn’t Learn in ECON 101 CAN Hurt You
Note: This post originally appeared on my Optimize Business Results blog on September 23, 2010. A few minor changes were made here. What criteria do you use for decision-making? If the amount of resources (e.g., time, effort, money) is the sole criterion, you could be making the wrong choices. A concept from Economics 101 called [Continue Reading…]
How to Sustain Behavioral Change in the Workplace
Note: This post originally appeared on my Optimize Business Results blog on July 29, 2010. Given the dynamic environment in which we live, it should come as no surprise that some behaviors that worked in the past become ineffective over time. As a result, managers not only must persuade employees to adopt new behaviors, they [Continue Reading…]
Decision-making Secrets: It’s the Process that Counts
Note: This post originally appeared on my Optimize Business Results blog on June 27, 2010. Do you wonder why people question some decisions but not others? Were you ever surprised to learn that others were not enamored of a decision that you made? In my experience, there are two primary reasons why decision-making goes wrong; [Continue Reading…]
What Do We Do Now?: Options for Allocating Scarce Resources When You Haven’t Planned Ahead
Note: This post originally appeared on my Optimize Business Results blog on January 23, 2010. Although advance planning for resource allocation is the ideal scenario, many organizations found themselves caught short by the severe constraints imposed by the economic downturn. What are the alternatives when organizations are operating in crisis mode and there is no [Continue Reading…]
Guidelines for Allocating Scarce Resources
Note: This post originally appeared on my Optimize Business Results blog on January 23, 2010. Scarce resources are a fact of business life. In the wake of devastating budget cuts, furloughs, and/or layoffs, however, “normal” levels of scarcity have been exacerbated. The question for many organizations has become, “How do we move forward from here [Continue Reading…]
7 Tips for Setting Priorities Successfully
Note: This post originally appeared on my Optimize Business Results blog on November 21, 2009. One set of skills that is critical in any organization is that of setting, aligning, and implementing priorities. These skills are particularly important today, as organizations struggle to “re-group” in the aftermath of radical changes caused by the economic downturn. [Continue Reading…]