Seven Ways To Motivate People To Action

By: Michele Thompson Motivate To Action. One of the things I continue to witness over the years, the best leaders know how to close the deal – they can get people to act. It seems as if the “action” almost always precedes a call to action. How well are you in this critical part of leadership? Honestly, I have thought …

View Post

Outsourcing Sneaks Up The Corporate Ladder

By: Michele Thompson Benefit of outsourcing. Outsourcing has long moved beyond professional and technical jobs and is moving up the corporate ladder to all but the most senior executives. Moreover, pressures to move outsourced functions to cheaper locations are escalating. The most obvious benefit of outsourcing relates to the cost savings; the downside is the trauma of change. Companies are …

View Post

9 Ways to Boost Your Market Value

By: Michele Thompson Keep Moving Forward. How do you increase your value in the marketplace? The same way you increase the value of your financial assets: by investment. I am convinced that one of the most important and profitable investments you can make is in your intellectual capital. How do people rise from poverty to become successful celebrities, athletes, and …

View Post

10 Cures for Performance Reporting Anxiety

By: Michele Thompson Info Overload. If you spend much time creating reports that nobody seems to read, you may be suffering a case of information overload. This post is for you.  Here are some common pitfalls and solutions for performance reporting.  Solutions simple enough to follow like reducing the size of the report or even focusing on the key objective …

View Post

12 Ways to Revitalize Your Company

By: Michele Thompson Insights Into Business . It’s time to leave your old ethics at the door and you know it.  Here are some of my insights and experiences on the most pressing issues in business today—an aging workforce, corporate ethics, dealing with layoffs, building trust with employees, office politics, and much more.   Rule One: Place the Team’s Interest …

View Post

Surviving (and Thriving) With Difficult Co-Workers

By: Michele Thompson 10 Most Unwanted List. Of all the coworkers you have, who would you least like to be stranded alone with on a desert island? I’m sure my tart and candid responses would have landed me on quite a few lists in my day.  Anyhow, while your worst nightmare is an unlikely scenario, problem people are permanent workplace …

View Post

Building High-Performance Business Intelligence (BI) Systems

By: Michele Thompson Business Intelligence. Companies that understand the importance of business intelligence design an information architecture that includes data warehousing, solid transactional data, and powerful analysis tools.   Finding the right formula for turning data into bottom-line results has been more elusive for some companies than for others. A study by the Andersen Consulting Institute for Strategic Change describes …

View Post

4 Types of Employees Needed To Produce An Effective Team

By: Michele Thompson A Simple Truth . Take Four Types of Employees, Add a Dash of Creative Management, and Mix Well to Produce an Effective Team People ask what I think when it comes to managing teams. The simple answer is, “Whatever is needed to get the job done.” While this spontaneous statement sounds sarcastic, it opens the door to …

View Post

Building Better Business Forecasts

By: Michele Thompson Develop Key Metrics . Nonfinancial metrics can greatly impact a company’s ability to create shareholder value. However, developing key metrics is no slam dunk. Here’s how finance can apply business intelligence to the mother lode of available data, improve the forecasting process and create performance reports that drive profitability. Wall Street analysts and prospective investors no longer …

View Post

Turning Knowledge Into Power: Using Business Intelligence to Improve Decision-Making

By: Michele Thompson Better Business Intelligence. Most businesses are sitting on a gold mine of data but lack tools to mine the wealth. Why aren’t companies better-using business intelligence, which receives so much media attention, to improve decision-making and work processes? The overriding problem is the quality of data and its accessibility. Here’s how savvy companies are using the tools …

View Post