Test and learn Now I’m married with daughters I don’t go out that often. Nightclubs and cinemas are a thing of the past (unless it is to watch Frozen… 4 times and counting). An evening in front of the TV is a treat. I sat down last night to watch a re-run of House. It […]
What is an Organisation?
You can’t improve it if you don’t understand it You can’t improve your organisation if you don’t understand what an organisation is. So I googled organisation, this is what I found: Organisation: noun /ɔːɡ(ə)nʌɪˈzeɪʃ(ə)n/ An organised group of people with a particular purpose. – “a research organisation” The action of organising something. – “the organisation of conferences” The quality […]
Short-Term Management
The curse of short-termism We focus on the immediate future: The stock market obsesses about interim returns Politicians like to see instant results Managers must hit quarterly targets We rarely look beyond the next 6 months. It is easy to hit a short-term target It doesn’t take too much talent or imagination: If you have to cut […]
The Ultimate Business Constraint
Running a business is tough I used to run my own business. It was hard work. I have the utmost respect for anybody who does it. The constraint on my business wasn’t the lack of good ideas or cash — I have plenty of ideas and I could always find somebody to lend me money. […]
Did Process Improvement Destroy Starbucks?
The Memo I came across a memo from Howard Schultz, the chief executive of Starbucks the other day. Here are the bits that caught my eye — to read the whole thing click here. From: Howard Schultz Sent: Wednesday, February 14, 2007 Subject: The Commoditization of the Starbucks Experience Over the past ten years, in […]
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