Tag Archives: success

Change Management: Everyone resists it.

There are few things in business that generate more opinions (often negative) than using the simple word, “change.” Most employees dislike change, even when it’s for the better. Even owners and managers who embrace workplace or procedure changes often are apprehensive about executing successful change management. Managing Your Company Always Involves Change Management Regardless of

Importance of Critical Assumptions in Strategic and Business Plans

Critical assumptions are one of the more misunderstood business concepts. If you are among the many, stay tuned. You’ll be confused no longer.   What Are Critical Assumptions? There are many valid definitions but the essence of critical assumptions was captured by legendary economist, John Maynard Keynes. “It is better to be roughly right than

What Are Metrics? And Why Are They Important?

In the world of business, metrics are techniques that allow you to measure, track and evaluate your company’s performance. Business metrics compare your business’s performance with benchmarks you establish to measure your progress toward your goals and objectives. Do not confuse business metrics with key performance indicators (KPI), although both are important tools for analyzing