article thumbnail

9 Effective Ways to Manage Personal Finances

Strategy Driven

It’s expected of citizens to manage their finances to preserve enough wealth to retire comfortably. You don’t have to be a genius to manage your finances. Managing your finances always involves creating a budget encompassing your monthly spending as per the income. So, here are some methods we recommend: 1.

Finance 92
article thumbnail

Fear of Loss of Group Membership is More Powerful Than Management

Mike Cardus

Resistance to Change and Learning Anxiety. Informal training of teams and groups. The district managers operated under a control and command system and asking them to switch to coaching & feedback was met with great resistance. Photo Credit. 3 Ideas for working with team change. Involve the team. What do you think?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cooperation and Outward Spiraling Success Loops

Mike Cardus

We know the Resistance Loop. I argue that it works way better than the resistance loop and the results are greater for everyone. The finance team in a Health Care Company. The finance team in groups of 3 flip charted those responses. It was good…we had some resistance stories and mainly cooperation stories.

Cooper 139
article thumbnail

StrategyDriven Podcast Episode 38a – Overcoming Resistance to.

Strategy Driven

Episode 38a – Overcoming Resistance to Change, part 1 of 2 explores the three different types of resistance frequently encountered when implementing a business change, how to recognize each type, and the actions change leaders can take to overcome each of these objections. To read Rick’s complete biography, click here.

article thumbnail

5 Ways to Increase Your Capacity

Mark Sanborn

Knowledge is information understood. Education is information applied. Learning how to understand and manage their finances made people less anxious. Cooperation done right is about removing resistance and obstacles, sharing the work and supporting and encouraging each other. Innovation.

Cooper 77
article thumbnail

Transforming Finance: The Role of a Financial Technology Company in the Digital Age

Strategy Driven

Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. Streamlined processes lead to cost savings over time, while real-time data insights help leaders to make informed choices.

Finance 106
article thumbnail

3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

A Resistant Culture. Or, they may be skeptical about whether it’s worth the cost, or the risk to a high-stakes profession such as finance. This kind of resistance is possible across different levels of the enterprise, from upper management to rank-and-file banking staff. The Need to Align Technology with Human Capabilities.