Business managers and entrepreneurs can increase cash flow with already-existing assets through the implementation of innovative supply chain strategies, according to Lisa Anderson, founder and President of LMA Consulting Group, Inc. "In today's new normal business environment, cash is king, yet traditional methods to increase cash flow are not [...]
Published in "The ACA Group" website, March, 2011 As we are emerging from the recession, we are by no means returning to the high growth days of the past. Instead, the new normal is here to stay - slow growth for those who stay ahead of the curve, tight [...]
How effective is your ERP selection and implementation process? Published in "The ACA Group" website, November, 2011 ERP system implementations fell off the grid during the recession; however, I've seen resurgence in the last year. Companies are thinking about investing again. However, although businesses are picking up, they are [...]
Ask questions: Instead of talking, think of a provocative question and listen. By mastering the art of asking questions, you can help people learn and build confidence since they are developing their own answers, ideas, plans, etc. Celebrate mistakes; however, not trends of mistakes: Society typically penalizes mistakes. For [...]
Business productivity relies on employee time-management. Invest a little time upfront for a bigger productivity payoff in the long run. According to a sampling of business executives and managers, organization/ time management is emerging as one of the most critical issues in the workplace. As organizations struggle to achieve [...]
Find a mentor: It is amazing how different things can appear to the presenter vs. the audience. Find someone who is supportive of your goals, will provide you with positive and constructive feedback, and has some skill that you'd like to learn. Ask for their help. Most people are [...]
Align goals: Without this point, nothing else matters! If you think you have a team yet one person can succeed (receive a pay raise/ reward) while another can fail (not receive a pay raise/ reward), you don't have a true team. A team must have the same / aligned [...]
In a society of over-communication, you'll stand out through continuous education and committment to learning. In today's business climate, those who stand out in a crowd will succeed. One of the keys to success is to never stop learning. Read: Especially in the information age, it is even more [...]
Exceptional leaders are becoming harder and harder to find, while the need for them is reaching new heights. Global competition, Wall Street expectations, and employees' expanding set of career choices and desire for flexibility, in combination with an increasing shortage of available talent as the baby boomers retire is [...]
I hear tremendous talk about balancing work and home life, so I thought a good way to start the New Year would be to brainstorm a few life balance ideas: You have one life: As my consulting mentor (Alan Weiss) says, you have one life. There is no reason [...]
