As per National Business Survey 2018/2019 Summary report from Singapore Business Federation Looking at the recent global geopolitical and economic affairs, businesses are most concerned about rising interest rates (65%) and the ongoing trade tensions between the US and China (61%) SMEs are concerned on impact on their business due to Increasing Interest Rates Global Trade War […]
SMEs – The Way forward…
Four concepts for Fabulous Results
1.Do you think twice before adding more features? Have you noticed that most of us pay 100% and utilize only 20-30% of services/products we purchased? Do you want your customers/clients to have similar experience? Of course not. Solution: Successful Products think twice before introducing a new feature/product. Techniques such as MoSCoW, Kano Analysis and Relative Weighing are […]
Taming Project Success in spite of Limitations
Successful Projects benefit Organisations and Customers. However, Studies say only 35-40% of the Projects are successful. Presence of Project Management Office(PMO) and buy in from key stake holders (Functional manager, Project manger etc) are vital for executing projects. Few aspects that influence project success are Organisation Type Project Management Office as Catalyst Organisation […]
Trajectory Path for Sustainable Growth and Continuous Innovation
Leaders aspiring growth mindset need to inspire continuous learning across the organisation. Continuous learning can be directed by creation of two Glossaries. 1. Glossary of New Learnings for Organisation– Create focus group of 3:7 (Seniors and Millennials). Let Seniors identify Top 5 products or services of the company. Let millennials identify outdated areas in […]
Instil Business Mindset in Innovative and Technical Teams
Satisfied Customers are vital for growth. Frequent changes in market conditions due to new technology impact existing business. Technology is a double-edged sword. Embracing Technology can position your organization as Market Leader. Ignoring Technology (for longer time) could erode existing business/product lines. C Suite executives define Strategy and set road map for future. Successful […]
Consistent Customer Delight – Can Control Charts helps to achieve it?
Customers do not specify quality as their need, however if they see low quality, they simply discard your products/services. Few customers might also express their dissatisfaction in social media. This will impact business (in short term) and brand value (long term). Consistent Customer Delight through Control Charts – Webinar by Sivaram Athmakuri: Organisations across the world […]
Are you upgrading or revamping your existing Systems/Processes? Think of 3 aspects before investing.
Organisations with growth mindset are investing on latest technologies such as Cloud Computing, Block Chain, Internet of Things (IOT), Artificial Intelligence (AI), Digital Transformation, Big Data etc. If your investment in these technologies are to improve customer satisfaction or increase profits or optimise costs or increase customer base through new products or new projects, before starting your investment, define existing and to be processes/systems through 1. Swim lane Diagram Swim […]