Monthly Archive for January, 2004

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Why Is TCO Important?

For those of you who need to justify those expenditures in IT (Information Technology), Why Is Total Cost Of Ownership (TCO) Important? from Darwin Magazine is a good read.

It’s actually an excerpt from Business Driven Information Technology. This book has concise answers to 100 questions that every manager needs to know to use information technology effectively. Each answer includes references to web and print resources for readers needing more detailed or the most current information. The book goes a long way in tying technology to business objectives.

Clean up info pollution

I do much of my client communications by e-mail because I can work and do research in the evenings and weekends when my clients are usually away from the office. I can respond to questions or problems and have answers waiting for them when they arrive to their offices in the morning. But if I’m in the office during the day, it seems that email is more of an annoyance than a production enhancer. Oh my, what should I do?

I came across this article: Ten Steps for Cleaning Up Information Pollution which has helped me minimize my disruptions and make the website more of a tool. As step number 7 notes, I made a list of common client questions and it did reduce the number of phone calls and e-mails that asked similar questions. . .repeatedly. I add to the list whenever someone comes up with a good question (and I have a good answer.)

I also turned off the little bell that dings every time Outlook receives an e-mail. I have a Pavlovian response to quickly open Outlook and read the e-mail. Now, rather than jumping into Outlook every time the bell rings, I read my e-mail as a break from researching, writing and otherwise working. I believe my day is becoming more productive.

The Capacity Trap

Here’s a classic article from Inc. magazine, dating back to 1996. A veteran entrepreneur explains why cutting prices to sell unused capacity is not as good an idea as it may seem. The Capacity Trap talks about the first step on the road to bankruptcy. Don’t be tempted!

Learning to grow again

With profits up, jobs up and the economy up as a whole, businesses are going to need to remember how to grow again. In the 90s “a rising tide raised all ships.” Some companies grew in spite of themselves. But after several years of cost-cutting, managers need to remember what needs to be done. The McKinsey Quarterly: Learning to grow again is an article that asks three questions:

  • What is success?
  • How can we nurture talent?
  • What is the role of business in society?

Important questions you say? Yes, but I think we forgot them during the last boom period.

You’ll need to sign up to read the McKinsey Quarterly, but it’s free.

Learning BPR

If your new to business process reengineering and change management, this site has a load of resources. I especially like the tutorial section.

When you’re revising or changing processes, there are two camps to deal with: those making the change and those being changed. It’s a lot to juggle, and learning all you can will only help the change process. So you may need to check out the Project Troubleshooter.

Small Business facts

I sure hope big government takes care of small business. Here are some very interesting numbers: The House Committee on Small Business. “Small businesses represent more than 99 percent of all employers.” That’s staggering! “Small businesses produce two-thirds to three-quarters of all the net new jobs.”
Check out all the info.

A short course in PM

After posting the other day, I started thinking, “What about the people just exploring projects and their management?” Here’s a short course in project management: Project Management Training. I believe it covers everything a beginner can use…and refresh an old-timer. From starting to closing, it’s in there!