It was noted in Why Big Data needs Process Professionals that according to IBM every day the world creates 2.5 quintillion bytes of data. The implication of this is that 90 percent of the data present today was not available two years ago. Data without analysis is not real knowledge. The analysis of data where [...]
Posts Tagged ‘Business management system’
Strategic planning article and non-profit training session
In one Texas County, a volunteer group has been working with several non-profit companies helping them build a strategic plan for their organizations. This approach has been executed through training and one-on-one facilitation sessions. The strategic planning approach that is being used in the training is a traditional strategic planning methodology. I was able to [...]
J.P. Morgan Chase CEO executive compensation discussion
In the Wall Street Journal, Friday October 14, 2011, it was stated: James Dimon was in a concillatory mood Thursday.The J.P. Morgan Chase CEO told investors “We are sorry” to have spent $8 billion on stock buybacks – as the stock has since fallen. And “we are willing to be punished for the mistakes” in [...]
Leadership in a business management system
QUESTION/COMMENT I see this many times when I’m working with troubled companies…especially those in the government. Stovepipes form around functions (like sales, operations, finance, human resources, IT, etc.) or operational divisions (geographic, markets, event times of the day). What you’re seeing is the typical stovepipe mentality, which is inherent in any corporation that has been [...]
Breaking organizational hierarchy through enhanced business management system
The task of changing historically hierarchy is not easy but can be done. If the CEO starts asking questions that break down barriers and encourages system thinking (with no nonsense resolution to issues and process improvement efforts), then breaking organizational hierarchy can be done. For this to be accomplished a no nonsense system is needed [...]
