In my previous post I mentioned that the issue of mistakes, especially in the field of Management, has become pretty popular recently. There are many sources, both written and online, where you can find more or less comprehensive lists of “mistakes managers make”, altogether with some recommendations about how to avoid them. Continue reading
Monthly Archives: April 2013
The cost of our mistakes – can we really pay it?
Lately we hear a lot about all kinds of mistakes made by people around us: investment mistakes, foreign policy mistakes, personal relationships mistakes and so on. In many cases we find it very easy to identify ourselves with the heroes of the story because we made similar mistakes or were about to make them. Nevertheless, why did the subject of making mistakes become so popular? Continue reading
5 Thumb Rules for Management in times of Austerity
There are several terms not so pleasant to our ears that seem to dominate the news lately, terms like sequestration, spending cuts and most of all – austerity. The abundance of these subtractive terms in the media may well mean that they pretty much define the current situation, and we, as Managers, will need to adjust to function in this situation, because it’s unlikely to dissolve quickly.
Let’s try to understand what Austerity means from Management perspective and what tips we may use to lead our teams successfully despite the harsh environment. Continue reading
Risk Management to the rescue – control your Biases by proper Risk Responses
When previously discussing Risk Management I already mentioned that the possibility of being biased while making a critical decision or engaging in important activity is a risk in its own right, that should be managed along with other risks. What are the peculiarities of managing your biases as risks in regard to what we know about the known types of Risk Responses in Management? Continue reading
Small Business owners – Managers or not?
When I’m asked to provide consulting services not inside our familiar corporate environment, but to small businesses and start-ups, I frequently find myself in a somewhat awkward position. You see, many business owners do not see themselves as managers.
As many people who start their businesses today have actually left the corporate environment to seek independence, it seems that severing all ties with their previous life is more important to them than the success of their business. Continue reading