Tweak Your Biz » Management

This post originally appeared on Elli St.George Godfrey‘s blog, Elli is a regular contributor to Tweak Your Biz. Every now and then, a children’s story catches  my attention in an unexpected way. Recently I was reading Aesop’s The Sun and the Wind. The Sun and the Wind were arguing about which one of them was stronger. They could not come to any agreement. When they saw traveller on the road, the Wind said, “this is how we can decide. The first one of us who can make that…

The “Hedgehog concept” is a brainchild of business theorist and educator Jim Collins, who authored best-selling books like “Built to Last”, “Good to Great”, and “Great by Choice”, among others. In the simplest terms, the “Hedgehog concept” is a cohesive business plan derived from the intersection of three circles built around the following intertwining principles: 1) What is the company passionate about? 2) What can the company be the best at? (And what can it not be?) 3)…

You got into business because there’s something you’re driven to do. Something you’re terrific at. Something your clients love. Now you have employees, and suppliers. There are problems to solve. People who need your time. 1,001 decisions you need to make so important things happen on time. You have commitments! You have less time for some of the things you love doing too. Less time to work with clients.  Less time to find new opportunities. Maybe even less time to enjoy the rewards…

If the thought of starting a new company scares you, then what I’m about to suggest might terrify you: Consider starting a new company in a realm in which you have no experience. Before you run for the hills, keep reading. When done the right way, this risk can pay off with big rewards. I’ll illustrate how — and how not to — succeed when venturing into the unknown when starting a business. Meet John John has been working the same job for years, and he’s ready for a change. He…

An over-the-top busy schedule reflected on your smart phone is what greets you in the morning. Unrealistic deadlines send you on your way to lunch. Scope changes and budget cuts make for an appetizing dinner. The challenge of strategizing a game plan with proper management tools rock you to sleep. You are not a regular person. You’re a project manager. And below are ten reasons why you are also a superhero. # 1. You command authority A project manager like you, no matter what age, does not…

This post originally appeared on the Sage Ireland blog, Sage Ireland are official sponsors of Tweak Your Biz. Many businesses large and small are looking for the help of social media consultants. As the industry is unregulated anyone can be a social media ‘expert’ so how does a business owner tell who is good and who is not so good, especially if they don’t know much about social media themselves. There really is no such thing as a social media expert just people that do social media…

Fear is an emotional reaction to a recognized danger, be it known or unknown. It always causes stress, sometimes panic and even paralysis afterwards. In a nutshell, it is considered as a negative effect. So why would anybody say that fear is good? There are actual instances wherein the feeling of fear invokes a more powerful and more positive mental response. For instance, the fear of the unknown may push a person to do exhaustive research on the subject to obtain the ins and outs of…

What does it mean to “get the right people on the bus”? According to business consultant, author, and lecturer Jim Collins, it is all part of the “First Who, Then What” concept based on company growth and sustainability. Essentially, the concept is about first getting the right people in your business, and then figuring out what exactly their jobs will entail. One of the more difficult tasks in building a business is hiring the right people. It’s not that the process in itself is…

Although it might not be the most pleasant thing to talk about, there may come a time where redundancy at your firm becomes necessary, and although they’ll never be a nice thing to be involved with, there’s no need for the process to be gruelling. It’s also important to remember that redundancies become necessary for all sorts of reasons, not just as a result of business failure; changes in the way the industry operates or an organisational restructure are two other factors that can…

Do you need a website? Online presence is essential for big companies and huge organizations. But is it necessary for a small business or a startup? This question has led to debates ever since the availability of the Internet. An online business needs online presence; that’s pretty obvious. If you are an online retailer or an online service, you need to have a website. It is your primary tool of business. It is the channel via which you conduct your business. Does your business need a…