turnaround
turnaround
-
1.
by Mike Teng - 2006-12-04
Ensure a cure, don't just take the medicine. Establish a relationship with the customer, don't just take an orderSuperficial actions will not do in this competitive market. All of us can take the med...
-
2.
by Mike Teng - 2006-12-09
Some companies spend millions of dollars annually on advertisement and publicity without knowing the return on those investments. With limited financial resources, it is important that the company u...
-
3.
by Mike Teng - 2006-12-18
Physicists tell us that energy cannot be created or destroyed and that all masses already have large quantities of energy stored in them. Vast amounts of energy exist in any organisation. However, t...
-
4.
by Mike Teng - 2006-12-21
John Chambers, CEO of Cisco Systems says that he possesses a 'healthy paranoia'. He is paranoid that Cisco may grow too far from its customers, partners and employees. Andy Grove of Intel first wrote ...
-
5.
by Mike Teng - 2006-12-21
Troubled companies are often the result of incompetent management. The rot at the top will fester downwards as they also hire incompetent sub-ordinates. A good leader must ensure that the right people...
-
6.
by Mike Teng - 2006-12-27
Most diseases including cancer and heart problems are easier to cure if detected early. Similarly, most sick companies can be turned around if the problems are discovered early. Sick companies need to...
-
7.
by Mike Teng - 2006-12-27
Talent management functions hires the good personnel and fires the bad ones. This functions like the kidney in our body.The two kidneys are the vital organs in the body amongst other functions cleanse...
-
8.
by Mike Teng - 2006-12-29
For a troubled company, it is prudent to challenge all 'sacred cows', those old and sacrosanct business assumptions. It is probable that some of these old sacred cows which were based on prior erroneo...
-
9.
by Mike Teng - 2006-12-29
Peter Drucker said: "Every few hundred years throughout Western history, a sharp transformation has occurred. In a matter of a few decades, society altogether rearranges itself, its world's views, its...
-
10.
by Mike Teng - 2006-12-30
Expectation sets the height of the bar, but it is regular inspection that resets the height of the bar so as to ensure it is achievable. The common notion is that what gets measured, gets performed. T...
