A lot of people think that the creation of business strategy is a mysterious process — something that’s secretly practiced behind closed doors in the boardroom. There’s a lot of mysticism around strategy setting, and so we avoid it for fear that we’ll do it wrong.
But there’s no magic in strategy — just as there’s no magic in IT. There are only two reasons for strategy: focus and communication. Let’s look at each reason in more detail.
Focus
In management, focus is [more…]
{ 0 comments }
I’ll let you in on a secret: Most companies have used the bad economy as an excuse for laying off people who the company wanted to get rid of anyway. Now I’m not saying that these companies haven’t had financial issues — most companies have experienced a loss of revenue as a result of a decrease in consumer spending. But the truth is that businesses have made enormous productivity gains over the last ten years. Technology — and particularly information technology — has allowed most businesses to do more with less. The number of employees required to run the business and handle day-to-day operations has declined for most businesses. But even though fewer people are needed, most businesses hadn’t taken steps to reduce their labor force until the recession gave them an excuse. There are a lot of reasons that companies were holding on to unnecessary employees:
{ 1 comment }
Receive email summary each month
Follow MakingITclear on Twitter (tweets only when new content is posted)
Follow Harwell on Twitter (more frequent tweets)
