Latest Articles
- Information – an Office’s Gold
As America moves to service based industries the raw materials needed to bring a service or product to market is information. This is the “gold” in an office. With today’s technology we are able to collect, measure and quantify our leads and customers. The question then becomes what do we do with that information?
- BPs Lack of Seeing the Big Picture
No matter what side of the political fence you fall, BP failed to take the proper quality control measures. As the weeks pass more information is coming to light how the organization cut corners with safety to keep costs down. Safety is not the place to take short cuts. In the long run this can cost you thousands of dollars and possibly your business. In BP’s case it is running in the billions not to mention what it is doing for their stock value. The ramification of poor quality control is costly. So how could a corporation
- Make Your Bottom Line Grow
No matter what size your organization doing things as efficiently as possible is not only ideal it is necessary in the new world economy. One area that can be significantly improved is the office. In fact, 60 to 80% of costs associated with providing a service or product to market is administrative. If you were able to reduce these by one third how much could you increase your cash flow?
- Proper Planning Can Ensure Success
Planning is the backbone of success. Not doing it can cost thousands of dollars, man hours and resources. Proper planning can save you money, increase your cash flow and help fulfill your mission. Here is a simple tool to aid in ensuring your success.
- Working Between Departments Means Faster Cash Flow
When you look at a traditional organizational chart it has silos which contain various departments and the people overseeing and working in those departments. In today’s business climate where information is your company’s gold this can be troublesome. Why, because the right hand may not know what the left hand is doing. We have all [...]
Prioritize To Maximize
With the all the demands on everyone’s time and energy it is increasingly important to prioritize your work. You can be very efficient at doing or accomplishing nothing. Prioritize your work so you can make the most of the time you are spending.
There is a rule called the 80/20 principal. This dictates that 80% of your results come from 20% of your efforts. Wow! The first 90 minutes of your workday encompasses this 20%. As a result, the most important task/job/responsibilities need to be processed during the first 90 minutes of your day.
Spend the last 15 minutes of your day prioritizing the next day’s work. This would include what you need to get done during those first 90 minutes. This is “sacred” time and should NOT include answering email, the phone or multitasking. Just a laser focus on those duties at hand. You will be amazed at what you accomplish.
Lastly, spend the last 15 to 30 minutes at the end of your week prioritizing the next week’s work. Schedule the most important tasks for the beginning of the week. That will give you wiggle room if you have any unexpected problems or an emergency.
What will you be doing the first 90 minutes of the day?