Everyone has heard the statistic. Two-thirds of all change initiatives fail to achieve their expected business benefits – a statistic that has stayed constant from the 1970s to the present. This failure rate represents billions of dollars in lost productivity, wasted resources, opportunity costs and rework—not to mention the negative impact on organizational morale and […]
Just as with any business decision that affects the bottom line, there are various reasons that a company will decide to employ a change management strategy. Every business, no matter the size or industry, faces both internal and external pressures that influence short-term and long-term strategies. External pressures may include shifting economic conditions, governmental or […]
Management history is easily forgotten. All it takes is a generation or two to go by and some hard economic times. Then, when problems occur, solutions are sought. The belief is that the old ideas no longer apply, and that new ones must be found. What’s particularly surprising is just how often new ideas turn […]
Have you ever been blindsided by a colleague’s words or actions? Or maybe been part of a team that spent more time complaining about others in the business rather than collaborating and solving the business decision at hand? If you have answered “yes” to either or both questions then you are probably not in an […]
Productivity is becoming more important every day. Fundamentally, it means doing much more with much less. And to be sure, there is scope for making, not only workers, but also the environment in which they work more efficient. You’ve probably noticed, for example, just how many organizations in both the public and private sectors waste […]
Do you care if your employees are happy? Does it matter to you if they like what they’re doing? Are you the least concerned that they would rather be working for someone else? Your answers to these questions reveal more than you know. They explain why your employees are or are not productive.1 Did you get that? To look […]
Following the Second World War, the allies determined that if the enemy nations were going to be able to make meaningful contribution the world’s economies, then they would have to receive some assistance in rebuilding their manufacturing infrastructure. A particular challenge was to get the Japanese up to a point where they could actually compete […]
In corporate circles, there’s a phenomenon known as the last mile. This problem was initially identified in the telecommunications industry, and it was this: How can you get a signal to the end of the line that’s as strong as it is at the beginning. This is especially true today with internet connections. The further […]
Jesse Jacoby
