Mis-hires cost a company an astronomical amount of money. Money that could have been put to much better use! How can the unnecessary cost of a mis-hire be reduced?
Poor cashflow is the biggest business killer. Cashflow is the oxygen of the business – without it you can’t breathe. Having said this, getting rid of your bank overdraft is possible if you set it as a target, as we’ll see in Kevin and Lucy’s story.
Management reports are crucial inputs in support of a meeting, in order to achieve a productive outcome. There are many ways to improve your reporting. Here are 3 tips to get you going.
As the speed of change increases, the quality of complex decisions become compromised due to dysfunctional meetings. Read on for quick tips for more productive meetings, which will improve the quality of meetings and decisions.
The reality is that businesses are under pressure to change. We will have to get much better at managing our innovation and transformation journeys.
Every business can improve its profits. Sometimes, changing only one thing in an organisation can significantly increase profits.
Business leaders focus on growing profit performance. Yet they are constantly challenged with various moving parts in their business and teams. A common experience is “we are spinning our wheels”. The COVID pandemic adds an additional layer of complexity that will take some time for all to settle into the new normal. It has taken its’ toll on profit performance of many companies.
In developing countries like South Africa, socioeconomic development projects have the potential to significantly improve the quality of people’s lives. In practice, however, the impact is often limited due to inefficiency, inequity, and insufficient accountability. Barend Cronjé, CEO of CoLAB, a leading project implementation consultancy, looks at improving the outcomes through integrating accountability into SED projects.
As a leader, having the right team member in the right position is essential not only to the success of a business and every project we manage on behalf of a client but also the growth and confidence of an individual.
A plea for a sustainable approach
Barend Cronje, chief executive officer of CoLAB Project Implementation, likens the current state of project offices within organisations to the deforestation of the earth’s rainforests.
“In the modern environment of project delivery, much has been researched and written about the case for project offices which, for ease of reference, includes terms such as project management offices, project support offices and project delivery capabilities,” he explains.
According to PMI PMBOK 4th edition, a project is “a temporary endeavour undertaken to create a unique product, service or result”. Essentially, says Barend Cronje, CEO of CoLAB, this means that a project refers to the introduction of a new or changed capability into a working environment for improved benefit. “This means that project management has to introduce change effectively in order to realise the value intended with the successful delivery of projects.”
