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The Power of Simplicity
Simplicity helps people
work smarter. As
Bill Jensen1
puts it, "Simplicity works because it is based on human
nature and common sense,"...
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Apply 80/20 Principle
The
80/20 Principle asserts that
there is an inbuilt imbalance between inputs and outputs, causes and
consequences, and effort and result. It states that a minority of causes,
inputs or effort usually lead to a majority of the result, outputs or
rewards. A few things are important; most are not.
To achieve
progress and multiply your output, you must give power to the 20% of
resources that really matter in terms of achievement, and get the remaining
80% up to a reasonable level...
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Build Synergies
Synergy is the energy or force created by the
working together of various parts or processes.
Synergy in business is the benefit derived from
combining two or more elements so that the performance of
the combination is higher than that of the sum of the individual elements...
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Ask "Why?" and "What If?" Questions
Don't take anything for granted. The key that opens the door to
opportunities is
the approach of asking yourself searching questions 'Why?' and 'What If?'...
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Kaizen (Continuous Improvement)
Mindset
Get Smarter!
One of the key functions of the
executive is
problem solving, which takes up as much
as 50% of executive time. It can be said with some confidence that
your ability to deal with problems creatively and effectively is the key
determinant of your success as a
manager.
It would be hard to imagine an effective executive who could not solve
problems and make decisions with a high level of competence.
Look for problems you can solve and
obstacles you can overcome. The more you seek for answers and ideas, the
smarter and
more creative you become...
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Working On
Your Business Instead of Being a Slave To
It
Is your business consuming you, taking up all of your time, thoughts and
energy? Do you want
more success in your business? Do you think you'll have
to work harder to get it? Your business doesn't have to be like this. You
can choose to
change and start working smarter. Now, you've probably heard
people bandy around expressions such as 'work smarter' but although it
sounds good, does it actually mean anything?2...
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Moving Faster that Your Competition
In their book It's Not the Big That Eat the
Small... It's the Fast That Eat the Slow,1
Jason Jennings and Laurence Haughton argue that only the swiftest of
corporations will thrive in the 21st century.
They then outline a program,
based on best practices developed by contemporary speedsters like
Charles
Schwab and AOL that readers can work into their own businesses by similarly
focusing on "commerce, resource deployment, and people." Its four parts
examine ways to create environments that anticipate the future, reassess
operations and personnel and make appropriate adjustments whenever
necessary, launch a "crusade" while "staying beneath the radar," and
maintain velocity through
institutionalization
of innovation and
close customer
relationships. "This book will show you how to think and
move faster than your competition," they
write, adding that "being faster doesn't mean being out of breath. It means
being smarter."
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