Getting your
value proposition right and knowing when and how to tweak it is extremely
important. Intense competition and change are forcing many companies to
re-visit their original value propositions. The best value propositions are
those that solve major pain points for lots of people. Start by looking at how
your customers spend their time – what frustrations do they encounter?
A collection of best practice articles to help grow companies with an emphasis on finance. The goal of the blog is to explain how these best practices work, enabling anyone to put these ideas to immediate use. Articles are written by Matt H. Evans, CPA, CMA, CFM
Tuesday, June 30, 2015
Friday, June 19, 2015
Science Explains Creativity
With so much emphasis on creativity and innovation, it helps if we
can all cut directly to the chase – namely what's behind creativity?
Thanks to various scientific studies and author Jonah Lehrer, we have
great insights into where creativity comes from. In his book, Imagine: How Creativity Works , Lehrer highlights some very important research that explains creativity.
For starters, creativity is not one train of thought. It is about how people can switch their thinking from one mode to another. For example, we all get stuck on some problem, struggling to break through and reach a solution. What creative people do is they switch gears from say analytical thinking to day dreaming and imagination. Knowing when and how to make these switches is critical to creative problem solving.
For starters, creativity is not one train of thought. It is about how people can switch their thinking from one mode to another. For example, we all get stuck on some problem, struggling to break through and reach a solution. What creative people do is they switch gears from say analytical thinking to day dreaming and imagination. Knowing when and how to make these switches is critical to creative problem solving.
Wednesday, June 10, 2015
Elevating the HR Function - Part 2 of 2
Part I of this article addressed the issue of elevating the HR Function
into a more strategic type function, as opposed to an administrative
type function. Part 2 of this article will describe several strategic
ideas for moving HR into the strategic function it must become.
In Part I, we mentioned the importance of HR as it relates to core competencies. Organization's need to maintain and build their core competencies since this is the source of competitive advantages in the marketplace. Core competencies have a lot to do with recruiting and retaining the best people. Obviously, HR should play a lead role in this mandate. However, we do not want to stop here since there are numerous other strategic issues related to HR.
In Part I, we mentioned the importance of HR as it relates to core competencies. Organization's need to maintain and build their core competencies since this is the source of competitive advantages in the marketplace. Core competencies have a lot to do with recruiting and retaining the best people. Obviously, HR should play a lead role in this mandate. However, we do not want to stop here since there are numerous other strategic issues related to HR.
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