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When Cost-Cutting Costs You More
So you’ve come through the Business Storm Cycle, bruised but still in business. You know that you need to rebalance and realign your people, processes, and IT. If you recognize yourself in that description and you’re reading this now, you’re probably saying, “Yeah, that sounds great. But how can I do it? What are the steps I would have to [...]
Repetition – Is It Costing You Money?
IT problems affect every phase of the business cycle. The weaker your IT, the faster your Tornado will be over—and the longer your Avalanche will last. It’s vital that you take advantage of the consolidation phase that follows the Avalanche to address your IT issues. If you don’t, you won’t be able to prepare for your next Tornado. You may [...]
Habits – They’re Easier To Make Than To Break
Habits are funny things; good or bad, they can be the making or breaking of a person, or even of a business. What’s learned isn’t always easy to unlearn. My mother, for instance, couldn’t get used to the new arrangement of her kitchen when we moved after years in the same home. Because of that, she wasted a lot of [...]
Seasons And Cycles: They Just Keep Turning
One of the first cycles you learned about when you were a kid was probably the life cycle of a butterfly. You found an egg on a leaf, took it home with you, and put it in a jar. After a while, a caterpillar hatched out of the egg. It crawled around the leaf, nibbling on it, so you gave [...]
Diagnosing an Avalanche
In business, how can you tell when you've hit the Avalanche transition point? You'll have huge revenue, while margins are lower than expected and falling. This is the number-one indicator a company has hit the deceleration transition. In the back office, you've got too many people doing too many things manually, over and over again. Cleaned-up, scalable automation processes have [...]