The Manager's Resource Handbook
Tools, Resources and Guides for Managers and Business Leaders. Real Advice from Real Bosses.
Tracked Vs. Unlimited Vacation – The Pros and Cons As the year comes to a close, I find myself running a department that has been operating at about 50% capacity for the past few months. Just like you, as a result of the global health crisis we’ve all ensured, every employee in my department cancelled plans for vacations and holidays
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What to Include in a Business Operating System A business operating system is a comprehensive, cross-functional framework that helps managers standardize and execute their organization’s mission. Further, a business operating system, or BOS, creates a unified way of doing things, from product development, to marketing activities, to how the organization interacts with its customers. An effective BOS will also define
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Examples and Tradeoffs of Different Performance Metrics in Business Metrics are a core component of any small business that is looking to grow and strengthen over time. If there is one thing that holds true for any performance measure, however, it is that metrics drive behavior – good or bad. Deciding what to measure is of utmost important because no
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At one point or another, virtually every business must adapt to changing times. In some instances, your product offering becomes stagnant. Perhaps your competitor has unveiled something new and is taking market share away from you. And, from time to time, technology advancements will make your current products and services obsolete. In all cases, we as business leaders must respond in such
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When Your Customer Makes You Cringe: Dealing With Unprofessional Clients During a recent meeting with a client, my patience grew to its thinnest level yet in our working relationship. They were unhappy with schedule, but they were the cause for the delays. They were dissatisfied with our solution to their problem, but it was driven by their written guidelines. They
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21 Expert Tips for Increasing Workplace Productivity If boosting your department’s throughput were as easy as flipping a switch, every boss’s job would be infinitely simpler. Unfortunately, that’s far from reality. Further, as an old colleague of mine used to say, “Asking people to work harder is not a solution.” In the proven strategies that follow, we will illustrate how
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67 Brilliant Principles That Will Make You a Better Manager Every now and then we stumble upon a series of words which hold such powerful meaning and contain such genius that they remain with us for the rest of our lives. Such profound ideas may have jumped out at us from the inner pages of a book, the title of
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I’m Glad I Got an MBA, But it Couldn’t Have Taught Me This For years I wanted to go back to school to pursue my MBA. It seemed like the next logical step in my career, but I put it off for one thing or another. Travel. Family. Cost. Time. Eventually, though, I did get my MBA and I’m very grateful for it.
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When to Outsource? 8 Questions To Ask Yourself if You Are Thinking About Outsourcing To many business leaders, outsourcing may seem like a great solution to just about any problem. Indeed, leveraging outside resources and expertise can certainly enable you to fix issues and to keep your business thriving. However, outsourcing and offshoring typically require a lot of up-front planning, coordination and analysis on your part to
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Before the RFP: Key Messages That Position You for Success Winning a contract comes down to finding mutual value between you and the client. The concept of value goes beyond the financial numbers, though, and is really a combination of price, product, services and trust. When you receive a Request for Proposal (RFP) from a client, how do you demonstrate the value you can
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6 Reasons to Sign a Contract Even if You Won’t Make Money With all the talk about powerhouse brands like Amazon, UBER and Apple, we often hear about companies experiencing rapid growth and making record profits. But these firms are clearly exceptions to the norms that countless small businesses experience. Without a doubt, every business owner wants to be profitable and hopes
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The 4P Marketing Model: A Case Study On a recent business trip to China, tired of taxis, elevators, conference rooms and hotels, I went out for a walk one night. My translator, whose chosen English name was Martin, elected to stay at the hotel to do some work. Always wanting to try something different, my walk coincided with my secret
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How Great Businesses Fail and What We Can Learn From Them We all know that there is one constant in the business world: things are always changing. Every day, there are new technologies, legislative decisions and geopolitical events that shape the world around us. The pace of such change continues to accelerate, and throughout it all we see businesses come and go. How, in such
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A little while back we posted an article about writing a reply to an RFP (Request for Proposal), which provided a basic outline for responding to potential clients. Since then, we have received a lot of questions from the MRH community asking for details on formats to use as well as what sort of sections and content to include. So, we wanted
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Isn’t the Customer Always Right? Actually, no, they aren’t! In the B2B space, we often find ourselves working with clients and customers to develop and sell our products and services. And yet, sometimes, things do not always go as planned. I recently paid a visit to one customer who has started to change the rules as they go. Despite the contractual commitments
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3 Resource Planning Methods to Help Predict Staffing Needs Most businesses and organizations go through an annual headcount planning process for the upcoming year. We all know that such activities are important to running a productive organization. And yet, while resource management is critical, doing it well and doing it right is easier said than done. There are a number of methods
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How to Save Your Small Company’s Hard Earned Cash As all business leaders know, when a company becomes strained and pressed for cash, we need to look for ways to reduce our costs and expenses. While cost control is always important, we naturally spend more during periods of growth to support the increasing size and momentum of the organization. The
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Tips for Hiring and Retaining Employees in Developing Nations Whether you’re hiring in India, recruiting in China, or opening an office in the Philippines, the obstacles are often the same. Because of their rapid growth, hiring and staffing a team in an emerging economy will always present unique challenges in terms of language, skills and retention. But if you equip
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Navigate the Challenges of Contract Negotiations in the People’s Republic A Fortune 200 executive once told me “No CEO wants it on his or her watch that they missed out on China.” It goes without saying that the world’s largest marketplace is a force to be reckoned with. As anyone who has worked with Chinese companies knows, doing business and negotiating in
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Making Organizational Changes in Support of Your Future Success A college professor of mine once told me “There is no book on that. Sometimes you just need to get in and figure your way out.” Knowing when to restructure a business is one of those things. Though there are books on organizational theory and team dynamics, there is no textbook out there telling us exactly
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