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Unusual Ways to Save Money In Your Business

Strategy Driven

No matter if you are looking for a better quality machine for your manufacturing plant, or a way to measure thin film stress and strain , you will have to consider all the options before you tie yourself into a long term contract. You should have a look at the cost of running your fleet, and compare it with outsourcing the process.

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What Is the Business of Health Care?

Harvard Business Review

No doubt some people were surprised by this filing, because they grew up at a time when bright yellow boxes of film accompanied every family vacation and celebration. Central among them was that Kodak was late to recognize that it was not in the film and camera business: it was in the imaging business.

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Deep questions: What diving teaches us about uncertainty and risk

Chartered Management Institute

In a hazardous world, managers can learn from the world of scuba diving: train hard, because you’ll never get rid of risk Scroll for more Shortcut to start of content Gareth Lock, founder of The Human Diver. Want to learn more about what diving can teach managers about navigating risk? Additional reporting by David Waller.

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Why I Challenged My Kids to Start Companies Before College

Harvard Business Review

Running a business might seem daunting for an 18-year-old, but my wife and I felt equipped to mentor them through the process. I had been an engineering manager at GE, so my areas of expertise included managing projects, inventory, and finances, all of which would be helpful. It doesn’t have to be something big.

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How to Hand Off an Innovation Project from One Team to Another

Harvard Business Review

Truth is, you can have the right portfolio of investments, the right metrics and governance, the right stage-gate development process, and the right talent on the right teams — but if you don’t design the right handoffs between your teams, all of that planning falls apart. But a sickening number of those investments fail.

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Don't Do What You Love

Harvard Business Review

Last year, I finished directing a documentary film called The Work of 1000. But — although she loved working closely with clients and helping them create just the right branding — she was simply unable to manage her pricing and cash flow. Amazingly, however, the river was her second choice for an advocacy project.

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Eight Communication Traps That Foil Innovation

Harvard Business Review

A designated project space displaying these results at key milestones in the process will augment the creativity and decision-making power of your team and will serve as a crash course for stakeholders who need to be brought up to speed. Don't make the process a mystery. Don't let cynicism undermine the process.