If your bottom line is under pressure and you think the time has come to launch an organisation-wide cost cutting plan, here are 5 common traps people fall into when they move into cost cutting mode.
Category Archives: Better Business
They’re not small, they’re far away
When you’re sitting in a conference room, the activities taking place in a factory hundreds of miles away seem very small. If those same people were sitting inside the factory themselves, the problems would look enormous, and those in Head Office would look very small by comparison.
Highway to hell
There’s an old proverb: “The road to hell is paved with good intentions”.
If that’s true, then I reckon the highway to hell must be paved with logic.
KPIs: Do they inform or excuse?
Do your KPIs inform your views of performance in your organisation, or do they just excuse whatever you might be doing now?
Where Bill Gates gets it wrong
Despite what the AI bustle bros would have you believe, tech is a perfect answer for only a vanishingly small number of the world’s problems.
Optimisation: The cymbal of success
Optimising business performance is harder than it looks, but a handle of key insights often makes the difference between success and failure.
How doing everything right can go badly wrong
It’s tempting to think that if you do everything right, success is inevitable. But, sadly, running a business is never that simple…
You can’t stop the beat
It’s hard to stop the beat of your organisation and go in a different direction, but it’s relatively easy to change the beat, if you think like a DJ…
The 1% gains hoax
The “1% Gains” theory is very popular, but does that really explain what you should do inside your business? Possibly not…
The day before you came
When making a sale, you’re almost certainly better to start from wherever your customer really is rather than wherever you’d like them to be.