Management
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Who Should Lead and Fund Retraining, Government or Business?
- November 13, 2019
- Posted by: David Marshall
- Category: Management, Productivity
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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
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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,
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When Should Companies Adopt Manufacturing Automation?
- September 25, 2019
- Posted by: David Marshall
- Category: Management, Manufacturing
We’ve already decided that manufacturing automation is eventually going to be a commonplace manufacturing method. But when and how much is up to each individual company. Will they embrace it quickly and try to transform the entire company? Will a new company try to build itself on manufacturing automation? Or will older, larger companies slowly
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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
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Is There Ever a Time ROI Shouldn’t be the Driving Force Behind Decisions?
- August 21, 2019
- Posted by: David Marshall
- Category: Management, Measurement
The return on investment (ROI) is a good benchmark for business decision making. Will your new piece of equipment achieve a positive ROI? Will expanding your sales territory? Will hiring a new employee? The problem is, ROI shouldn’t be the only deciding factor in making business decisions. In some cases, it shouldn’t even be the
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Improving Productivity Reduces a Factory’s HR, Onboarding Costs
- August 14, 2019
- Posted by: David Marshall
- Category: Management, Productivity
Improving productivity throughout your operation, especially on the manufacturing floor, can have an amazing ripple effect throughout your entire organization. A few weeks ago, I wrote about how we were able to improve productivity by measuring our results on the floor and in our accounts receivable department. We were able to save a lot of
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Another Important Lesson in Self-Awareness from the Center For Creative Leadership
- July 17, 2019
- Posted by: David Marshall
- Category: Leadership, Management
Last week, I talked about my time at the Center for Creative Leadership in North Carolina. I attended with many military and government leaders who wanted to improve their own leadership skills. I learned a lot of valuable lessons there, including how to communicate, how to manage, and how to lead. One important lesson I
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What a Tail-less Cheetah Can Teach Us About Partnerships
- June 26, 2019
- Posted by: David Marshall
- Category: Innovation, Management
Take a look at this video. It’s of a mother cheetah and her cub that I took while I was on a safari in Natal, South Africa. I used to own a company in South Africa in the 70s, and I like to return to South Africa from time to time to visit old friends.
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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