In dynamic business world, mastering prioritisation is one of the key success factors. I think prioritisation is a good mix of art and science. To prioritise, first it is important to separate assumptions from facts, silence from noise, and problems from solutions - Art. At the same time, there is need for some methods. Methods that helps to … Continue reading How To Prioritise Programs In Change Portfolio?
I will start by asking two more basic and fundamental questions: Firstly, what is Momentum? Secondly, why we want to build Momentum in business? I have asked above questions to uncle ‘Google’.... Momentum is essentially Physics team/concept. However, it is commonly used in sports, economy, projects and business. “Dockers have gained momentum and they are turning out to … Continue reading How To Build Momentum In Business
Business Process Improvement projects generally use Lean/Six-Sigma techniques and some common sense to improve business processes. Project teams document current state of business processes (As-Is mapping). Then they analyse Business problems and document future state of processes (To-be mapping). Generally, it goes well up to documentation completion. Rubber hits road when project team starts planning for changes in business. They face challenges in … Continue reading Why Business Process Improvement projects fail to deliver value?
In one of my previous posts, I have introduced Singh’s Business Reference Model (BRM). I suggested that Singh’s BRM can assist in range of different business initiatives.In this post, I endeavour to demonstrate how Singh’s BRM can assist you in planning of Business process improvement initiative. I think, the key benefit is that it helps you to paint big picture … Continue reading How to plan Business Process Improvement project
Let's silently hear meeting conversation:IT Manager: “According to our IT strategy, we are going to implement paperless capability within business”Business Manager: “Ok! Explain me how this relates to our Business strategy?”Operations Manager thinking….. these guys are insane; our people struggle to use Word/Excel and they are talking about Paperless….In Business environment, we often come across situations … Continue reading Helicopter view of your business with Singh’s BRM
Let me ask a quick question. What is the one success factor that every business must embrace? Not sure, what I mean? Here is another tip! It is so important that Businesses will eventually die if they do not embrace it. Still not sure? Ok! Without further suspense, I am referring to ‘Innovation’.The pace of … Continue reading Innovation – The ultimate success factor!
Are you are a business owner or working for someone? Do you acknowledge that market is much more competitive than ever before? Profitability and margins are shrinking and Returns on sales targets seems to be unachievable? Well, the good news is that you are not alone. Majority of organizations still focus of competing on quality, … Continue reading Golden key to successful business – ‘Challenge status quo, innovate every step’