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Working Capital Formula: How to Calculate and Interpret It
DECEMBER 18, 2023
Working capital formula is a fundamental concept familiar to financial professionals. It serves as a cornerstone for assessing reveal the liquidity and solvency of an organization.
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What is project risk analysis? How to do it and methods
DECEMBER 18, 2023
The project risk analysis is very important to ensure the success of the project. It also helps project managers have an overview of potential situations that could affect the final result.
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What is digital transformation and digitization? Digitize to advance digital transformation
DECEMBER 18, 2023
In the age of digital technology, digital transformation and digitalization are two important concepts that businesses need to understand to can be applied effectively, helping businesses grow and...
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What is a production system? Roles and classification of common systems
DECEMBER 18, 2023
Production system is the key to helping businesses be proactive in their business and production processes. Thereby, the company will limit arising costs as well as unwanted risks.
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How to Identify Team Productivity Issues in 3 Steps
DECEMBER 15, 2023
Ever since I brought my team together, I’ve been on a constant quest for improvement. Optimizing our work processes, speeding up deliveries, finding ways to engage and motivate the team, just name...
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Strategies for Risk Mitigation: How to Make Reliable Delivery Commitments
DECEMBER 15, 2023
How can we make reliable delivery commitments when there is so much uncertainty that we have to deal with? How can we mitigate the risk of failure while managing realistic expectations?
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How to Defeat Resistance to Transparency
DECEMBER 15, 2023
Today, I want to dive deep into a topic that is near and dear to my heart: the resistance to transparency. You see, in the world of change management, people feel uncomfortable with the level of...
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Breaking Down Siloed Thinking: Strategies for Better Business Outcomes
DECEMBER 14, 2023
The truth is, when individuals become fixated on their own performance metrics or personal achievements, it can create a sense of rivalry. Instead of working together harmoniously, your teammates...
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How to Overcome Lack of Ownership to Drive Continuous Improvement
DECEMBER 14, 2023
If your teammates feel unmotivated or detached from their process, it’s because they don’t see how their actions make a difference. Here’s 3 steps you can follow to help them reconnect.
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4 Steps to Rising Above Fear of Failure in Change Management
DECEMBER 14, 2023
We’ve all been there. You want to introduce a new initiative – to shift your current management approach and try something new. But suddenly, doubt starts creeping in.