Category Archives: Miscellaneous

The McKinsey Quarterly’s Top Three Strategic Planning Tips for 2009

A recent article in The McKinsey Quarterly elucidated their three “top strategic planning tips” for 2009. In brief, they were:

  • Be realistic about scenario planning
    Recognize that several different futures are equally plausible, develop plans accordingly, and try to focus on the underlying drivers of the uncertainty.
  • Intensify Monitoring
    That’s the only way you’ll be able to detect which way the marketing is shifting and bring the appropriate plan to bear. And be sure to carefully monitor suppliers and competitors as well as customers. A single supplier bankruptcy could derail all of your plans.
  • Look Beyond the Crisis
    Regardless of how devastating the downturn may be, it cannot hold back fundamental market trends forever — such as the aging customer base in Europe and North America and the fact that every downturn must eventually stabilize and give way to an upturn on the market sine wave.
    Besides, if you can’t see beyond the crisis, how can you possibly expect to get out of it? So identify your post-downturn market, start marketing to it, and ramp up R&D to make sure you have the products ready that your market wants when it’s ready to buy them.

The Top 10 Myths of Workforce Development

Industry week recently ran a great piece on “the top 10 myths of workforce development” that is worth repeating since there is a big difference between effective workforce development that will increase the productivity of your staff and ineffective workforce development that will decrease the motivation of your staff.

  1. If you build it, they will come.
    Tell that to the manager who spent a million dollars on a “smart” toilet paper dispenser that insured no one could take more than the allotted number of tabs per trip to the toilet.
  2. When times are tough, cut training first.
    When times are tough, you should double the training budget as you have to get lean and mean. If you really need to cut, fire the moron in management who is the first to suggest you cut training.
  3. Just build e-learning courses. It’s cheaper.
    You need customized content development by an expert, which is costly, and then customized IT development, which is costly, and then controlled testing to make sure your students took the course and grasped the material, which is costly. If you add it all up, you’ll find that custom e-learning course development is not cheap at all.
  4. All training must be done in an instructor-based classroom setting in order to be valuable and convey important knowledge.
    Uhm, no. Some training can be pre-defined cookie-cutter web-training. Some can be on-line multi-media delivery. Some can be classroom.
  5. Once learners go through training, the manager never needs to find out how they are applying what they learned … that’s why they went through training.
    The first thing the manager needs to do is find out what they aren’t applying that they learned and how he can redesign processes and remove roadblocks to help his employees apply that knowledge.
  6. It is always better to look for your own local vendor.
    You need the experts, regardless of where they are located.
  7. Sending people on a training course will solve all performance problems and development needs.
    Sending people on a course will help them identify all the performance problems that are likely your fault. Until you eliminate those, there will continue to be performance problems.
  8. It will be obvious to a skilled trainer what each class participant needs so there is no need to discuss it in advance.
    As a former Professor and Professional Trainer, I love this one. I’m supposed to know the difference between a student who is staring blankly because he doesn’t know the prerequisite material from one who has trouble with the language of the course from one with an attention deficit disorder from one who finds the material too remedial if he won’t talk and you never discussed the goals and individual learning needs with me? HA!
  9. I’ve done presentations. Professional trainers make out that it is far more difficult than it really is.
    There’s blowing your own horn and actually conveying knowledge to another person. I would contest that many “presenters” don’t know the difference.
  10. We don’t need a university — we have a learning management system.
    If you hear this, be sure to follow it with a “and we don’t need you either” because if that kind of thinking is allowed to fester in your organization, you can forget about ever achieving any innovation whatsoever.

Do Your Contracts Enhance Trust or Destroy Trust?

A recent article in the Harvard Business Review notes that good contracts are designed to reinforce trust and reduce risk but that there can be a fine line between a good contract and a bad contract which destroys trust and, ultimately, increases risk. A contract that is too detailed or rigid, or one that sends mixed signals, can exacerbate the problems it was intended to preclude as it can restrict creativity and even prevent the display of good intentions.

For example, if the contract specifies a rigid resolution process that requires that all issue reports need to be reviewed by a team before being classified as either errors or enhancement requests, at which point they will be placed a queue for resolution, and the bug is actually preventing the client from getting work done, instead of insuring that the client’s requests are addressed in a fair and equitable manner, the contract is preventing development from making what might be a quick fix. Instead of engendering goodwill by attempting to insure every request from a client is considered, you’ve created ire by preventing a developer from getting a client running again quickly.

The reality is that most negotiators want to overestimate the level of certainty and underestimate the likelihood of future divergences from the situation they perceive during negotiations. As a result, fewer contingencies are included and terms are finalized sooner than they should be. A good contract defines a good dispute resolution process and leaves room for renegotiation later if circumstances change. Something to think about before being too hasty to dot every i and cross every t in your next negotiation.

Technology and My Hobby

Over on New Florence, New Renaissance, Vinnie Mirchandani has reach his goal of fifty guest author submissions to his Technology and My Hobby series. For those of you looking for something different, but yet interesting, to read … you might want to check this out. To help you find the guest posts related to your hobby, I’ve indexed them by category.

Category Author Company
Archaeology (Armchair) Michael Lamoureux (of Sourcing Innovation)
Baseball (Little League) Mike O’Brien (of Appirio)
Basketball Coaching Dan Dal Degan (of Salesforce)
BBQ Floyd Teter (of Jet Propulsion Labs)
Beagles Peanuts
Blood Donation Tom Foydel (of SightLines)
Brewmastering (Home) Dennis Howlett (of ZDNet)
Bridge David Dobrin (of B2B Analysts)
Cars (Tinkering) Brian Sommer (of TechVentive)
Cartoons (Tech Toons) Alvaro “Blag” Tejada Galindo (of SAP)
Cats Rusty Weston (of Third Set Media)
Chess Rita Mirchandani
Cycling Paul Wiest (of Siemens Enterprise Communications)
Fishing Mike Prosceno (of SAP)
Flying Ameed Taylor (of Applation)
Gardening Erik Keller (of Wapiti LLC)
Gastronomy William Mougayar (of Eqentia)
Golf Jim Rafferty (of Market Shapers)
Green Living Timothy Chou (an Author)
Home Design Josh Snowhorn (of Terremark)
Home Improvement (Global) Helmuth Guembel (of Strategy Partners)
Home Movies Tom Wailgum (of CIO Magazine)
Model Planes Anil Wats (of DP World)
Musical Discoveries Mike Laven (of Traiana)
Jazz (Big Band) Joe Thornton (of Lawson Software)
Organ Playing Gerlinde Gniewosz
Reading Francine McKenna (an Author)
Restoring Antiquarian Books Jason Busch (of Spend Matters)
Rifles (Target) Tom Ryan (of Gartner)
Rock (Guitar) Devan Sabaratnam (of Business on Software fame)
RVs Tom Chimera (of Overpayment Recovery Services)
Running Eric Dirst (of DeVry)
Sailing Curtis Beebe (of PwC)
Side-Tripping Kimberly McDonald Baker (of Project Partners)
Photography Michael Krigsman (of Asuret)
Skiing Sig Rinde (of Thigamy fame)
Snorkeling Louis Columbus (of Cincom)
Soccer Coaching Christian Schuh (of Siemens Enterprise Communications)
Squash Nick Dembla (of Capsilon)
Super Momming Joy Wald (of ADT)
Technology Impact Bob Warfield (of SmoothSpan)
Technology Luddism Josh Greenbaum (an Industry Analyst)
Tennis Karen Beaman (of Jeitosa)
Theatre Marilyn Pratt (of SAP Labs)
Travel (International) Harish Malani
Vinyl DJs Ray Wang (of Forrester)
Wine John Dean (of ex-Steelcase fame)
Working Out Larry Dignan (of ZDNet)
Writing (Adventure) Rein Krevald (an Author)
Youth Science Mentoring Charlie Bess (of EDs)