Let's assume that all of your test proposals have been checked out to see if they can be improved. Most or all tests proposals were improved by that process and some may have remained unchanged.
Some companies are lucky and it is fast, cheap, and easy to conduct tests of new business models that reduce costs. If you are in that happy circumstance, you can simply encourage people to run...
Most people find that thinking about potential problems with cost-reductioins soon runs out of steam. The imagination is exhausted.
How can your mind and those of your colleagues be stimulated to locate more potential difficulties? Properly aimed role playing can be another useful way of testing the cost reduction without running a test.
The best way to simulate the new situation...
Salespeople know that if you keep asking someone to buy something, they will eventually purchase. Does that hold for getting a job from an employer to gain a new career opportunity? I don't know of any successes with that method, but there is another way to be persistent that does work: Continually add skills and keep an eye out for career doors that are about to open.
Life is full of career...
Today, I listened to a story about a talented student trying to choose among several different job offers. Each hiring organization offered the chance to become wealthy in 20 years but required that many years of 80-hour weeks to gain the money: The student faced four different ways to be a highly paid drone who would rarely be at home before 9 p.m. or enjoy a family life. Yuck!
Just a few...
You need lots of cost reduction ideas to test. But it's more important that the ideas be helpful ones. Let's see where you stand by considering the proposals you might have in front of you now.
By now, all of your test proposals have been checked out to see if they can be improved. Most or all tests proposals were improved by that process and some may have remained unchanged.
Some...
Most people find that thinking about potential problems soon runs out of steam. The imagination is exhausted.
How can your mind and those of your colleagues be stimulated to locate more potential difficulties? Properly aimed role playing can be another useful way of testing the cost reduction without running a test.
The best way to simulate the new situation will vary from one...
Most business people use the same level of skepticism about everything they consider. Some are always optimistic that things will work out. Some are always pessimistic. Most people are somewhere in the middle. When a problem selecting the right choice is difficult enough, you will probably find that being very skeptical is the right route. How can you learn to be skeptical if that is not...
One of the first things that any business leader learns is that some people can accomplish a hundred times more than other people can. Assign a critical task to one of these highly productive people, and you will be most pleased with the timely results . . . no matter how busy the person is.
How do highly productive people do it? They pay attention to the following principles of working...
The most dynamic and highest potential business models are ones that enable other enterprises to achieve extraordinary results by crossing the boundary from being an independent producer to becoming part of the company, whether through acquisition or joint ventures. Many specialized distribution businesses provide business models that make this possible. Study this subject well, because it is...
How broadly are you looking for cost reductions through new technology applications?
Benefits from an existing technology often run out after a while. If you needed more letters typed on electric typewriters, you couldn't get much more speed past what a fast, accurate typist could do until the electronic typewriters with some memory were invented. Then, you could reuse parts of letters and...
