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Casual Articles - A Business Meta - Fore
Lifelong Learning – How Relevant is it to My Career uld beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important.Did you hate school? You couldn’t wait to get out into the world to earn a living and felt everything you were learning just did not relate to real life. If you can identify with this, it may come as a bit of a shock to discover that lifelong learning is now something which should be on everyone’s agenda. Information and knowledge have become essential commodities since the late 20th century, irrespective of which career an individual is involved in.And if that isn’t bad enough, technology is moving at such a rapid pace that it is difficult for consumers, never mind experts to keep up. Not long ago there were millions out there trying to figure out how to program their VCRs. How on earth are they coping with m In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business l What Your Yellow Page Ad is Missing (Part 5 of 5) Many professional golfers go on to develop successful and significant business interests. Greg Norman is a standout example of this. Many senior business leaders play golf at a high level. This link between success at golf and successful business may not be coincidental, the attributes required for both are very similar. Consider the following.Have you looked at your Yellow Page ad recently? You know, the one you’ve had for years. Has it changed much? Is it getting all the customers you want? Are you really tracking the results? Perhaps you are doing everything you can or don’t have the time to do anything at all. The day will come when the rep calls to renew the ad and you should take a few moments to make sure it’s working hard for you. Besides a headline that excludes your name, unless it’s a brand-name, and a picture that ties back to this headline, have you given much thought to the copy? This is the critical area that can make or break a sale. And it’s probably missing from your current ad. So what should it contain?Start with the whole concept Applying Fundamentals Champion golfers spend hours getting the fundamentals right. They call this practicing. Very few golfers become champions without establishing the right grip, shoulder turn and stance. These fundamentals are developed and harnessed with extraordinary rigour. Still fewer champion golfers spend their time ‘reinventing the wheel’. Reverse grips and broomstick putters were an evolution in the game aimed at overcoming ‘the yips’ not a means of improving putting. Business also relies on fundamentals – the fundamentals of doing the job right. Whether the function is operations, marketing, administration or finance there are fundamental good practices that should be applied. Champion businesses rigorously adopt known good practice to their individual situation. Strategy No champion golfer would approach a tournament without first understanding the layout of the course, knowing the various distances, where the hazards are and probably having played the course before. For every hole a strategy is determined before stepping onto the tee. This is called course management. The equivalent in business is understanding the market, collecting data that helps determine the ‘lay of the land’, knowing what hazards may lie ahead and how they are to be avoided. No successful business ‘steps up to the tee’ hoping that they have the right club in their hand! Flexibility and Range No golfer can be a champion by mastering only one club or shot. Despite good fundamentals and strategy, the weather, lie and execution can result in a misplaced shot or undesirable outcome. Shot making flexibility and use of a range of clubs define a champion. Businesses that are unable to adapt to unexpected outcomes generally fail. Imagine being on the golf course and saying, ‘I don’t care if the ball is in a bunker, I planned to use my putter for my third shot and that is what I am going to do!’ The flexibility to adapt to situations, without abandoning strategy, and to manage different and new situations separates the professionals from the amateurs. Use of a Caddy and Coach All professional golfers use a caddy and most have a coach. These two advisors help the golfer in both skill development (coach) and execution assistance (caddy). The job of both the coach and the caddy is not to play the game for the golfer but to help him get the most out of himself. The most famous of golf coaches, David Leadbetter, has never won a major championship yet he is the most sought after coach. Compare this with business where advisors and consultants are often derided for not having direct experience. In fact, in many instances having an outside advisor or coach is seen as a weakness. Perhaps if more businesses approached their advisors as caddies rather than players they might then get more out of themselves. Knowing how to do something yourself and knowing how to communicate to others how to do something are two entirely different skills. Both Small and Big Things Count Few sights are more awesome in golf than seeing a +300m drive that lands smack in the middle of the fairway. Yet, in golf this scores exactly the same as a two-centimetre putt. In fact without the putt the hole cannot be completed. In any business there are many actions that can be taken that are high profile and demonstrate progress but it can be the smaller detail that counts just as much. For example, generating sales is important but if you don’t collect the cheques or trade out of terms then you will be unlikely to win the game. The expression ‘drive for show and putt for dough’ is equally at home in business. Equipment Champion golfers do have the best equipment – but the equipment doesn’t make them a champion. Tiger Woods with cane clubs would beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important. In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business l Organizing Time Tracking Champion businesses rigorously adopt known good practice to their individual situation.When you work for a small IT company, you will have each tech invoice at the client's site when the job is completed. This may not have worked very well for you. Often jobs span many visits, the tech needs to run out for an emergency, etc., etc. As you may guess, you often run behind in invoicing. I personally believe that we should invoice on-site for small jobs (like one time clients), but invoice on a monthly basis for those clients that do not have a monthly service plan with you, but still require steady IT service throughout the year. Is this how most small IT companies do it, or is there a better way?In order to accomplish monthly invoicing, you need to have our techs consistently and accurately reco Strategy No champion golfer would approach a tournament without first understanding the layout of the course, knowing the various distances, where the hazards are and probably having played the course before. For every hole a strategy is determined before stepping onto the tee. This is called course management. The equivalent in business is understanding the market, collecting data that helps determine the ‘lay of the land’, knowing what hazards may lie ahead and how they are to be avoided. No successful business ‘steps up to the tee’ hoping that they have the right club in their hand! Flexibility and Range No golfer can be a champion by mastering only one club or shot. Despite good fundamentals and strategy, the weather, lie and execution can result in a misplaced shot or undesirable outcome. Shot making flexibility and use of a range of clubs define a champion. Businesses that are unable to adapt to unexpected outcomes generally fail. Imagine being on the golf course and saying, ‘I don’t care if the ball is in a bunker, I planned to use my putter for my third shot and that is what I am going to do!’ The flexibility to adapt to situations, without abandoning strategy, and to manage different and new situations separates the professionals from the amateurs. Use of a Caddy and Coach All professional golfers use a caddy and most have a coach. These two advisors help the golfer in both skill development (coach) and execution assistance (caddy). The job of both the coach and the caddy is not to play the game for the golfer but to help him get the most out of himself. The most famous of golf coaches, David Leadbetter, has never won a major championship yet he is the most sought after coach. Compare this with business where advisors and consultants are often derided for not having direct experience. In fact, in many instances having an outside advisor or coach is seen as a weakness. Perhaps if more businesses approached their advisors as caddies rather than players they might then get more out of themselves. Knowing how to do something yourself and knowing how to communicate to others how to do something are two entirely different skills. Both Small and Big Things Count Few sights are more awesome in golf than seeing a +300m drive that lands smack in the middle of the fairway. Yet, in golf this scores exactly the same as a two-centimetre putt. In fact without the putt the hole cannot be completed. In any business there are many actions that can be taken that are high profile and demonstrate progress but it can be the smaller detail that counts just as much. For example, generating sales is important but if you don’t collect the cheques or trade out of terms then you will be unlikely to win the game. The expression ‘drive for show and putt for dough’ is equally at home in business. Equipment Champion golfers do have the best equipment – but the equipment doesn’t make them a champion. Tiger Woods with cane clubs would beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important. In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business l 7 Signs of an Entrepreneur to unexpected outcomes generally fail. Imagine being on the golf course and saying, ‘I don’t care if the ball is in a bunker, I planned to use my putter for my third shot and that is what I am going to do!’ The flexibility to adapt to situations, without abandoning strategy, and to manage different and new situations separates the professionals from the amateurs.Do you have the right personality type to successfully run your own business?It takes an entrepreneurial fire in your belly to start a business and make it succeed. Not everyone has it.How do you know if you have what it takes to start a business? There's really no way to know for sure. But I do find things in common among the emotional and family fabric of people ready to consider an entrepreneurial venture.You don't have to fit all seven of these categories to be a good candidate for entrepreneurship. But it probably wouldn't hurt. In general, the more you have in common with these characteristics, the closer you probably are to being ready to try going out on your own.1. Use of a Caddy and Coach All professional golfers use a caddy and most have a coach. These two advisors help the golfer in both skill development (coach) and execution assistance (caddy). The job of both the coach and the caddy is not to play the game for the golfer but to help him get the most out of himself. The most famous of golf coaches, David Leadbetter, has never won a major championship yet he is the most sought after coach. Compare this with business where advisors and consultants are often derided for not having direct experience. In fact, in many instances having an outside advisor or coach is seen as a weakness. Perhaps if more businesses approached their advisors as caddies rather than players they might then get more out of themselves. Knowing how to do something yourself and knowing how to communicate to others how to do something are two entirely different skills. Both Small and Big Things Count Few sights are more awesome in golf than seeing a +300m drive that lands smack in the middle of the fairway. Yet, in golf this scores exactly the same as a two-centimetre putt. In fact without the putt the hole cannot be completed. In any business there are many actions that can be taken that are high profile and demonstrate progress but it can be the smaller detail that counts just as much. For example, generating sales is important but if you don’t collect the cheques or trade out of terms then you will be unlikely to win the game. The expression ‘drive for show and putt for dough’ is equally at home in business. Equipment Champion golfers do have the best equipment – but the equipment doesn’t make them a champion. Tiger Woods with cane clubs would beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important. In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business l Six Sigma Training – An Overview d their advisors as caddies rather than players they might then get more out of themselves. Knowing how to do something yourself and knowing how to communicate to others how to do something are two entirely different skills.The unbelievable results achieved by the pioneers of the Six Sigma management methodology and implementation were not realized overnight. Concerted efforts of by the entire organization and unwavering support by top management over a long period of time are what it takes to see results. The employees of an organization, through specialized Six Sigma training, play key roles through 6 sigma implementation. The key players in 6 sigma implementation not only need specialized Six Sigma training, they also need a different mindset and dedication to the process.Six Sigma Training – What Is It?Six Sigma training is available from various institutes certified to provide the training using either offline or onli Both Small and Big Things Count Few sights are more awesome in golf than seeing a +300m drive that lands smack in the middle of the fairway. Yet, in golf this scores exactly the same as a two-centimetre putt. In fact without the putt the hole cannot be completed. In any business there are many actions that can be taken that are high profile and demonstrate progress but it can be the smaller detail that counts just as much. For example, generating sales is important but if you don’t collect the cheques or trade out of terms then you will be unlikely to win the game. The expression ‘drive for show and putt for dough’ is equally at home in business. Equipment Champion golfers do have the best equipment – but the equipment doesn’t make them a champion. Tiger Woods with cane clubs would beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important. In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business l Manufacturing Tips: Five Casting Technologies to Consider for Your Design uld beat a weekend hacker (like me) using the latest equipment. Equipment can enhance your game but it is how you use it that is more important.The foundry business has been under siege for the last 10 years, maybe more. In fact, here in Philadelphia, during the 60's there were at least 30 major foundries. Now there is only one major producer. But the casting process is growing on a global basis. It is the backbone of manufacturing the majority of our metal products. Let's take a look at the advantages and disadvantages of 5 casting processes.1) Sand CastingSand casting is one of the oldest processes. As the name implies. a fine form of sand is used as the mold. Metal is poured(gravity feed) into the mold. After the material has cooled, the frame is released and the sand falls away. Leaving the parts to be ground and cleaned.T In business we have all seen companies that have invested in new equipment or systems for very little sustainable gain. Equipment can make a difference if the change is fundamental but in many cases the difference between a champion and a hacker is not the equipment, it is how it is used. Passion Imagine playing golf for 40 weeks of the year. Sound good? Now imagine having to hit a thousand balls before breakfast, everyday. Then having to practice every afternoon. Then moving to a new hotel every week (or sleeping in your car because you can’t afford a hotel). Then missing the cut and not getting paid a cent. Life on the PGA tour may look good but getting there takes passion and commitment. Plus this is the ultimate performance based system; if you don’t make the cut you don’t get paid. Ian Baker Finch had a period where he missed 32 cuts in a row, ouch! Most successful business leaders have this sort of passion, a belief in themselves, their ability and their company. Success rarely comes without passion and a willingness to do the ‘hard yards’. The golf course is often seen as the place to do business, seal the deal and win the client. However next time you tee up consider whether your business is applying, the fundamentals, strategy, execution and passion that are needed to be a champion.
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