Let's Grow Leaders

NOVEMBER 27, 2023

You may gain a strategic insight, a longer-term focus than you had. As a leader, manager, and team member, you stand at a crossroads every time this question arises. You might phrase it in terms of a current choice. Being a team player doesn’t mean saying “yes” at the cost of your team’s well-being.

Team 523

Team Short-term Long-term Compliance 523

Strategy Driven

OCTOBER 11, 2021

To find out how you can reduce your small business costs in only three steps, be sure to read on. Rent equipment for short-term projects… don’t buy it. If you have a short-term project on the horizon, don’t squander the potential profit that you stand to make from it by buying tools specifically for it.

Cost 92

Cost Short-term Long-term Tools 92

Chartered Management Institute

OCTOBER 31, 2023

Interview: My management secret? Relationships matter Written by Caroline Roberts Share Share to Twitter Share to Facebook Share to LinkedIn Share via email When Chartered Manager of the Year nominee Heather West swapped a career in retail management for one in care, an early mentor gave her an invaluable lesson in how to help others.

Management 52

Management Retail Short-term Crisis 52

Strategy Driven

NOVEMBER 14, 2022

Inventory management is central to business success; you need to get the balance right to future-proof the business and ensure that you stay profitable. If you are new to inventory management or you need a refresh, read about the fundamentals of inventory management. There are various ways to manage your safety stock.

Management 106

Management Short-term Brand Audience 106

Let's Grow Leaders

FEBRUARY 2, 2016

If you only care about next week’s results, bring in a User Manager. You know the type– the kind of manager who works to win at all costs. The sad truth is, a “User” mentality can often improve results in the short term, but is no way to add lasting value. An Anatomy of a User Manager.

Management 180

Management Short-term Long-term Objective 180

Strategy Driven

NOVEMBER 9, 2023

Effective financial management is a cornerstone of successful business operations. Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management.

Finance 100

Finance Strategy Succession Supply Chain 100

Leading Blog

MAY 21, 2021

B USINESS is not a discipline, but an endeavor made up of disciplines such as accounting, communications, economics, finance, leadership, management, marketing, operations, psychology, sociology, and strategy. A well-written contract defines or explains each term or condition only once. Lesson: Write it Once.

Short-term 345

Short-term Morale Rate of Return Finance 345

HR Digest

DECEMBER 4, 2022

A good manager is a great asset to both an organization and its employees. Not only are they able to manage their team well, but they also possess some strong leadership skills that can have a positive effect on those around them. How to Know If Your Manager is Good. Good managers are important to every organization.

Management 122

Management Delegation Environment Micromanagement 122

Modern Servant Leader

DECEMBER 30, 2022

In servant-leadership terms, this is a failure of the principle, THOROUGHNESS. To be thorough means putting long-term results ahead of short-term gains. In their case, the desire to remain profitable every year was a short-term gain leadership chose over the long-term benefits of upgrading their technology.

Airlines 188

Airlines Leadership Short-term Long-term 188

Leading Blog

APRIL 17, 2019

Yet the cost of poor hiring is considerable, not just in terms of hiring unsuitable candidates (time, money, reputation, impact on colleagues) but also in terms of the damage poor hiring processes can have on your organization. Invest in training for all hiring managers. Review your hiring process.

Process 276

Process Tips Short-term Reputation 276

QAspire

FEBRUARY 9, 2023

However, most change in complex organizations is implemented with a short-term focus on results. This plug and play approach to change may lend short-term results but organization pays the cost elsewhere in form of unsustainability of new practices, other impacts, employee morale etc.

Short-term 253

Short-term Long-term How To Workshop 253

Lead Change Blog

OCTOBER 18, 2018

Ambiguity is a condition we sink into because it is automatic and it provides short-term benefits that manifest in a number of ways. The manager who posts a vague job description is able to put off defining the specific responsibilities for the role. is a leading authority on business performance and Lean management.

Short-term 211

Short-term Mayo Long-term Audience 211

The Horizons Tracker

MARCH 24, 2024

This research shows the tricky balance between saving money in the short term and protecting a company’s reputation in the long run during economic crises. Employing a well-planned, long-term communication strategy in tandem with the layoff announcement is a sensible approach. However, this decline isn’t permanent.

Brand 97

Brand PR Reputation Short-term 97

The Horizons Tracker

AUGUST 21, 2023

. “We first documented that both firms and executives disproportionately target their searches within the same industry and geographic area,” the researchers explain, “arguably due to mobility costs and industry-specific human capital.” In these markets, ROA dropped by 1.8 percentage points of ROA for two years).

Management 76

Management Human Capital Execution Middle Management 76

Let's Grow Leaders

MARCH 7, 2017

Managers encourage the wrong behavior, for the wrong reasons…setting off a ripple effect of well-meaning frustration. The first key to real encouragement is have a real understanding of which behaviors are driving your long-term results. For example, what behaviors lead to long-term customer retention? “Seriously!?

Short-term 400

Short-term Long-term Compliance Loyalty 400

Modern Servant Leader

DECEMBER 30, 2022

In servant-leadership terms, this is a failure of the principle, THOROUGHNESS. To be thorough means putting long-term results ahead of short-term gains. In their case, the desire to remain profitable every year was a short-term gain leadership chose over the long-term benefits of upgrading their technology.

Airlines 130

Airlines Leadership Short-term Long-term 130

Strategy Driven

MARCH 16, 2023

Leverage Managed IT Services Modern businesses use technology to maximize efficiency and compete in their industry. While you may hire an in-house IT team, leveraging managed IT services is more rewarding. Managed IT services will get you the required expertise while letting you scale up and down as necessary.

Tips 108

Tips Succession Long-term Short-term 108

Lead Change Blog

MAY 13, 2019

The cost of conflict avoidance is huge and directly hits the company’s bottom line. Avoidance is the best short-term strategy to escape conflict, and the best long-term strategy to ensure suffering.” — Brendon Burchard . Conflict Avoiders. But this generally leads to negative outcomes.

Leadership Styles 352

Leadership Styles Short-term Long-term Project 352

Harvard Business Review

FEBRUARY 14, 2024

There are downsides to pursuing efficiency at all costs.

Short-term 19

Short-term Long-term Efficiency Cost 19

QAspire

JULY 22, 2010

Home Go to QAspire.com Guest Posts Disclaimer Hidden Costs 25 As a business leader, if you think “costs” are only the ones where you spend real money, think again. Have you ever realized the costs of: having an inefficient leadership team? not aligning middle managers with vision at the top? These are costs too!

Cost 159

Cost Middle Management Compliance Directory 159

Strategy Driven

FEBRUARY 26, 2021

Operations managers have a tough and challenging role, particularly in 2021. If you’re working in operations management, or you aspire to become an operations supervisor, take a look at some of the challenges you’ll be facing in 2021: 1. Cost Cutting. As we move towards a ‘new normal’, businesses are facing unexpected obstacles.

Operations 70

Operations Supply Chain Management Transportation 70

The Horizons Tracker

JUNE 7, 2022

This is largely the result of the short-term appreciation for the support people provide to society as a whole giving way to a desire for them to continue supporting us even as the stresses and strains of the pandemic mounted. What’s more, most had to foot the full cost of any protective measures for their vehicle.

Management 110

Management Short-term Tactics Stress 110

Talent Anarchy 1

AUGUST 24, 2023

Managing your finances and debt is a crucial aspect of achieving financial stability and freedom. One significant component of financial management is understanding what increases your total loan balance. Interest is the cost of borrowing money, and it can significantly impact the overall amount you owe.

Credit Scoring 78

Credit Scoring Short-term Long-term Finance 78

Strategy Driven

NOVEMBER 15, 2022

Look At Fixed Costs And Changing Ones. Every business has fixed costs and variable costs. What will cost you the same amount every time? And what costs will only happen once in a while? Sit down and think about these differences right now, and write down any costs you can think of.

Finance 99

Finance Fixed Costs Budgeting Cost 99

Strategy Driven

MAY 8, 2019

To find out how you can reduce your small business costs in only three steps, be sure to read on. Rent equipment for short-term projects… don’t buy it. If you have a short-term project on the horizon, don’t squander the potential profit that you stand to make from it by buying tools specifically for it.

Cost 52

Cost Short-term Long-term Tools 52

The Horizons Tracker

MAY 2, 2023

. “It represents situations where employees are governed both by the rules of regular employment and by explicit contracts or relationships that act as legal contracts imposed by management.” ” Contracts are often imposed in an attempt to achieve short-term cost savings while also simplifying the management of the workforce.

Short-term 108

Short-term Incentives Cost Finance 108

Strategy Driven

MARCH 6, 2023

At about 5’4 ft tall, I know how hard it can be to find the perfect office chair for short people. In this article, we’ll be going over the ins and outs of the best office chairs for short people. One of the most crucial elements to examine when considering an office chair for a short person is the size of the seat.

Short-term 119

Short-term Long-term Budgeting Cost 119

Lead Change Blog

OCTOBER 12, 2020

In short, today’s leaders need to be even more flexible and adaptive. How to do this involves four key steps: We need to expand our definition of the term ‘leader’. Many organisations are moving to virtual solutions to reduce both cost and pressure of time. My concern. Sheep-dip’ is no longer a viable solution.

Leadership Development 241

Leadership Development Development Leadership Short-term 241

Harvard Business Review

OCTOBER 5, 2023

In the United States, short-term interest rates have been near zero for most of the last 15 years. With cost of capital this low, many managers have paid scant attention to the time value of money — an essential concept in doing financial analysis.

Cost of Capital 20

Cost of Capital Short-term Management Analysis 20

Lead Change Blog

JANUARY 11, 2018

Yet the introduction of the “benefit corporation” gives leaders an opportunity to remake our business culture, and perhaps save the planet from our very human short-term bias. Directors must prudently and unselfishly manage the corporation to create the maximum financial return for shareholders.

Hostile Takeover 191

Hostile Takeover IPO Short-term Committee 191

Leading Blog

DECEMBER 15, 2021

It leads to short-term thinking. Whether it's the death of a friend, loss of a job, a bad break-up or the isolation of Covid-19, those who manage to be where their feet are will grow, stretch and emerge stronger, smarter and more prepared as we find peace and gratitude in the pause. That’s not the way to lead. Blog Post ).

Books 453

Books Leadership Open-book Wiseman 453

Leading Blog

OCTOBER 1, 2021

What emerges is the long-term vision underpinning his success: that technology is ultimately about people and their potential. Whether they are on center stage or behind the scenes, managers know who these top players are, understand their worth, and want more of them on their team. It also undermines long-term business performance.

Books 272

Books Wiseman Leadership Open-book 272

CO2

NOVEMBER 28, 2023

However, this short-term gain can lead to long-term brand damage, as witnessed in my Surefoot experience. The key lies in understanding which customer you are serving and ensuring that cost-cutting measures do not lead to a compromse in the core brand promise.

Brand 78

Brand Quality Loyalty Long-term 78

N2Growth Blog

MAY 22, 2014

Yet rather than being weeded out, they seem to survive and thrive in an institutional ethic that values by choosing short term greed over longer-term value and culture. One, let’s call him the ‘seagull’, has produced great performance short term by moving in changing everything, slashing costs and people, then leaving.

Short-term 407

Short-term Long-term Survey Ethics 407

The Horizons Tracker

JULY 31, 2022

The study found that when managers rely on variable work schedules, higher employee turnover is common as it can result in a fall in employees’ health, work-life balance, and even job security. High costs. As a result, it might lead to short-term solutions to market volatility but produce bigger problems down the road.

Hedge 116

Hedge Human Capital Stress Short-term 116

HR Digest

DECEMBER 10, 2018

The consequences of poorly managed anger in the workplace can range from reduced productivity and increased turnover to physical injury and property damage. It is impossible to quantify the cost of anger in the workplace, especially when we factor in lost productivity, employee morale, employee health and safety.

Management 86

Management Self-aware Short-term Long-term 86

Strategy Driven

NOVEMBER 20, 2023

But, the best way to get a good interest rate and decent term is to already have good credit. Pros: Affordable monthly payments when terms are extended beyond 48 months Help your credit score Cons: Short-term loans will have high payments Interest rates increase if you have poor credit 2.

Finance 92

Finance Credit Scoring Short-term Long-term 92