Last week I’ve been talking to a friend who was just editing the final exam for his course “Decision-making in Disaster management”. Living aside the nice feeling of talking to people from the academic environment, there was actually something in our conversation that troubled me to the level of feeling a need to share it with the readers of my blog. Continue reading
Tag Archives: Strategic Management
When it is right to throw money at the problem
We all are familiar with situations when decision-makers keep throwing money at the problem instead of trying a structural solution that could potentially be much more beneficial to the system. The examples are too many, especially in our austere times.
Naturally, we tend to be critical of such wasteful strategies, but a story told to me last week by an older friend about his time in the Military reminded me that sometimes solving the situation by spending more resources may be more beneficial than attempting a structural decision. Continue reading
Lessons Learned: How to Deal with Failure
A few weeks ago a friend sent me an amazing piece of memorabilia – a journal article from the year 1905. It made such an impression on me that I immediately decided to share its wisdom on the ever discussed question of what is success and what is failure and how can we influence their relationship by learning the lessons our life experience provides us with. Continue reading
Manager’s Expertise: what skills should we know?
Theoretically, an Expert is someone who mastered all the needed skills of his or her domain. So, basically, an Expert Manager is someone who mastered all the skills of Management.
But what are those skills? Continue reading
Top 10 Posts of AnyaWorkSmart: what the readers think and what I think
The summer is over, the kids are back at school, and it’s a beginning of a new year in some cultures, so I think this is a great time to draw some bottom-lines by discussing the most popular posts of this blog. After all, people read what seems important to them, right?
So let’s see what makes some topics in Management more popular than the others, by looking at the Top Ten posts of AnyaWorkSmart as defined by readers’ views. Continue reading
Working patterns – the way we do things
A working pattern comes to life when we start doing something systematically and repeatedly. It could be something very basic, such as always reading your morning e-mails with a cup of coffee in hand or something a bit less innocent, such as never providing positive feedback without saying something critical first. The main point here is that every one of us has his or her own way of doing every specific task and this way may differ from how other people approach the same task. Why am I talking about something as obvious as that? Continue reading
Constant change of human resources – the impact on our projects
In my previous post, I provided an extreme example of how critical to organization could be the loss of knowledge and expertise in some cases. Even though in many other, more usual cases, the loss would not be felt immediately, the cumulative effect could be more than Continue reading
The need for better decisions – why now?
My previous posts about the costs of our mistakes lead to a discussion about the awareness of our colleagues in regard to the importance of the subject. After all, it seems clear to anyone who has some actual experience with management that there always be mistakes and therefore – the risks associated with them. Even more than that, the actual situation of the market today doesn’t suggest any tangible improvement being made in this regard, so is the need for better decisions really understood by today’s Managers or is this just an illusion? Continue reading
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
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