Thursday, March 25, 2010

business-gold Every two years athletes from all over the world gather to compete in either the summer or winter Olympic Games. They all come with the same goal in mind—to beat the competition and win a medal, preferably a gold one. As spectators watch the games in person or on television, they are seeing the end result of a process that involved years of preparation. It reminds me of the process that those of us in business experience as we use customer and employee surveys and strive to improve our businesses to achieve “best in class” standing. In this paper I will describe the similarities in the processes of “going for the gold” in the competitive environments of the Olympic Games and business.

First, what is a process? A process involves taking inputs and converting them into outputs. An Olympic athlete exercises and practices various movements and then puts these movements together to create a performance. An organization repetitively takes its resources and uses them in a reliable, consistent way to achieve its business goals. Many of the most successful organizations engage in business process management (BPM), a structured approach to analyze and continually improve fundamental activities and major elements of a company’s operation. According to Mohamed Zairi, author of “Business Process Management: A Boundaryless Approach to Modern Competitiveness,” an article published in the Business Process Management Journal, BPM is an approach to competitiveness that involves a continuous focus on customers, quality improvement, and striving for best in class standing. Utilizing BPM can help an organization go for the gold and achieve business success.

posted on Thursday, March 25, 2010 2:03:58 PM (Central Standard Time, UTC-06:00)  #    Comments
 Tuesday, March 09, 2010

business-hazards I know some people who often repeat phrases such as “What you don’t know can’t hurt you” and “Ignorance is bliss.” I understand why some people believe these statements. We read or watch the news and sometimes feel overwhelmed and/or depressed by all the things happening around the world and even in our own back yards. I actually know some people who avoid the news; stating that it is always bad and they are better off not knowing.

But are they really better off? While the news is full of bad reports, I think of all the good that often comes out of knowing. When the news reports how many people have been adversely impacted by a natural disaster such as an earthquake or a hurricane, many people respond by sending aid. Local tragedies often bring people together as well. Recently in my area people came together to help a charity that had been burglarized by replacing the items that had been stolen. On another occasion, people in our community contributed to an account to help a widow raise her children after her husband was killed in the line of duty.

Sometimes business executives, like the people who do not watch the news, feel inclined to “hear no evil, see no evil, speak no evil” when it comes to what is going on with their employees and/or customers. They choose to bury their heads in the sand and hope for the best. But while this may feel comfortable in the short run, it can have disastrous effects. The trouble with this approach is that problems may exist that, if they are not addressed, can grow until they have the potential to ruin your business. I have a close friend who never developed the habit of going to the doctor for regular checkups. A little over a year ago he began experiencing some pain and for some time he chose to ignore it. Finally, he decided to take the time to get it checked out. Sadly, not only did he have cancer but it had already begun to spread and was in stage four, only one stage away from end stage cancer. That cancer has now spread all over his body and this man has just weeks to live.

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posted on Tuesday, March 09, 2010 4:41:27 PM (Central Standard Time, UTC-06:00)  #    Comments
 Monday, February 15, 2010

survey-questions Developing a questionnaire seems easy, right? Decide what you need to know, write a bunch of questions and get people to answer them. What you need to know, is that the responses people give are affected by the way you word each item or question. Many problems arise and much information is rendered useless because of inattention to the way items are worded during questionnaire design.

Item writing is affected by item wording (the term item is used because not all items on a questionnaire are questions). Questionnaire designers must consider the following: Does the item elicit information related to the topic of interest? Is wording clear and unambiguous? Will the item mean the same thing to everyone?

Does the item demand knowledge and information the respondent has (or not)? Does the item contain personal or potentially threatening issues the respondent might resist? Are items loaded with social (un)desirability? Often the approach to items and questions will differ depending on how the survey is administered.

posted on Monday, February 15, 2010 1:03:03 PM (Central Standard Time, UTC-06:00)  #    Comments
 Wednesday, June 03, 2009

building-a-business Several years ago my spouse and I built our second new home. It is a process that we greatly enjoy in spite of the fact that it can be more than a little stressful. When building a new home there are a lot of decisions to be made. These decisions include selecting a builder, a floor plan, the type of exterior you want (brick, siding, stucco, for example), selecting your flooring, fixtures, and lighting, and on and on it goes. Some people prefer to buy an existing home because they find this plethora of decisions overwhelming. However, my spouse and I prefer making these decisions ourselves so that we can get exactly what we want and so we can watch our empty lot be transformed into a home.

One of the advantages to building your own home is that you can directly and easily observe the quality going into it. Our first area of concern is the foundation. After our foundation is poured we look at it to assess whether it looks level and is free of any defects. We all know that a good foundation is critical. Without it, the quality of the rest of the construction can be irrelevant. Once we have a good foundation in place, we continue to monitor the construction. We take note of the quality of the materials being used as well as quality of the framing job, plumbing, drywall, etc. Once the construction is completed and the buyers move into the house, the builder's job is finished but the homeowner's job is really just beginning because the house has to be maintained.

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posted on Wednesday, June 03, 2009 9:07:51 AM (Central Standard Time, UTC-06:00)  #    Comments
 Thursday, May 07, 2009

 

social-media1 Social media provides users with information via blogs, podcasts, and webinars. Users write reviews or create forums, wikis, and videos. Users connect with each other and providers through virtual worlds and social network communities.

“Social networking has caused a fundamental and transformational shift in the way that people are connecting, knowledge is being shared and information is flowing,” says Charles B. Kreitzberg, Ph.D., CEO of Cognetics, a firm dealing with the human aspects of computer technology.

About 50% of large companies and 75% of small ones (fewer than 500 employees) are using social media of all types. Of those, it is estimated that 40-60% have their own social network. Microsoft has the Town Square, IBM the Blue Pages, and Best Buy the Blue Shirt Nation.

“Engage me, inform me, and entertain me,” says Bernie Borges, author of Marketing 2.0: Bridging the Gap Between Seller and Buyer on the Social Web. “But don’t make me read an ad; don’t send me email news. Companies are made up of people; be social with your existing and prospective customers.”

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posted on Thursday, May 07, 2009 11:33:11 AM (Central Standard Time, UTC-06:00)  #    Comments