management
-
What Goes Into a Disaster Recovery Plan?
- February 26, 2020
- Posted by: David Marshall
- Category: Business, Management, Safety
No CommentsWe’ve had enough natural disasters over the last several years, that any company that doesn’t have a disaster recovery plan is just begging for a company-ending problem to hit them. A disaster recovery plan is the way your company can survive terrible tragedies, like a fire that sweeps through your building, a tornado or hurricane
-
How Do You Decide to Allocate Resources and Staffing? (Hint: Measurement)
- February 12, 2020
- Posted by: David Marshall
- Category: Management, Measurement
There are times where you have to allocate — or reallocate, as the case may be — your money, staff, and resources to solve a particular problem. Maybe you have to do a crash inventory where everyone has to stop what they’re doing and everyone has to focus on counting everything in the warehouse. Or
-
Don’t Fall In Love With Your Deals
- December 24, 2019
- Posted by: David Marshall
- Category: Business, Management
As a manager or a salesperson, you’re going to have plenty of opportunities to make all kinds of deals, partnerships, and financially-beneficial arrangements with other parties. Whether it’s a project you’re going to sell, services you’re going to buy, or even the purchase of, or merger with, another company. The problem is that many of
-
Who Should Lead and Fund Retraining, Government or Business?
- November 13, 2019
- Posted by: David Marshall
- Category: Management, Productivity
During the Obama administration, the federal government put a lot of money into retraining and education for workers who had lost their jobs due to the 2008 recession. And while I think it was a good idea for the government to help fix the economy in this way, I wondered if government was really the
-
Why Not Just Cut Everyone’s Hours During a Downturn?
- October 30, 2019
- Posted by: David Marshall
- Category: Business, Management
When you see that an economic downturn is on the horizon, just like the one we’re seeing now, the knee-jerk temptation for many managers is to start making layoffs and staffing cutbacks. “We need to reduce expenses by 10 percent, so let’s just cut 10 percent of the workforce.” That works in the short run,
-
Are You Serving on a Good or Bad Board of Directors?
- August 28, 2019
- Posted by: David Marshall
- Category: Business, Leadership, Management
As someone who has served on a board of directors at different times, I pay attention to corporate and nonprofit boards. A few weeks ago, I received an email newsletter from a fellow named Fred Wilson of Union Square Ventures about his experience with boards of directors and the two types of problematic boards. He
-
Improve Productivity in the Back Office
- August 7, 2019
- Posted by: David Marshall
- Category: Digital Transformation, Measurement
When you embrace measurement as a way to improve productivity of your manufacturing processes, you’ll find all sorts of problems you never knew existed. When we started measuring everything at Robroy, we not only found different problems and issues in different facets of our manufacturing facilities, we discovered that there was a 16 percent rejection
-
The Benefit of Executive Mastermind Groups
- June 19, 2019
- Posted by: David Marshall
- Category: Management
As an executive, it’s often hard to find someone you can share your experiences and your fears with. The only people who truly understand what you’re going through are your fellow executives, usually at other companies and even in other cities and states. Discussing these kinds of thoughts, fears, and ideas are where executive mastermind
-
Impostor Syndrome vs Dunning-Kruger Effect
- June 12, 2019
- Posted by: David Marshall
- Category: Leadership, Management
Last week, I wrote about the Impostor Syndrome (How Do Executives Deal With Impostor Syndrome?) and the effect it has on people. I said Impostor Syndrome is. . . . . . the fear that you’re not good enough for the job you’re supposed to do, and that you’re going to be discovered and outed
-
How Do You Fight the Status Quo When Leading a New Company?
- January 30, 2019
- Posted by: David Marshall
- Category: Leadership, Management
It’s an exciting time to walk into a new job at a new company and know that you get to set the tone for that company’s vision and performance. If it’s a brand new company and you’re an energetic leader, you’re starting with a clean slate, so you get to create the culture. But if