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7 Reasons Why It is Difficult to Manage New Projects (Or Inherit an Old One)
What makes projects so difficult to manage? As a project manager, you need to assess the culture, your role, your team, how problems escalate, what your responsibilities are and how to tackle edge cases (delays, problematic team members, running out of budget, handling scope creep, disagreeing with a client, etc.) Organizations that use proven project…
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The Lifecycle Of An Entrepreneur
The most genuine disappointment from entrepreneurship I’ve seen myself were former full-time employees who used to work in large corporations. Transitioning from corporate roles to entrepreneurship often leads to unmet expectations and disappointment. In large corporations, roles are defined, resources abundant, and predictability high. Employees focus on specific functions without worrying about the bigger picture…
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10 Global Industries That Need Business Process Management the Most
To become and remain successful and rise above the competition, businesses must continuously improve and monitor their processes. Failure to do so may result in big financial losses, lower investment capital, reduced motivation in employees, and fewer satisfied customers. This is why more and more companies worldwide are adopting business process management (BPM) applications in…
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Mastering the B2B Sales Process: How to Effectively Reach Decision Makers
Budget and timing are the two major reasons why businesses and salespersons lose in B2B sales process. This is according to a report from Chorus. This gives emphasis to the fact that the B2B sales process is a long one and it needs strategic approaches not only in budget and timing but also in other…
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Critical Thinking Strategies for Business Leaders
Critical thinking is a powerful skill that’s applicable in both daily life and running a business. It’s the cornerstone of making sound decisions and navigating complex situations. Unlike simply reacting to circumstances, critical thinking empowers you to: However, managers and executives are in charge of large budgets and diverse teams. Irresponsible business decisions and ignoring…
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Why Your Business Needed A Business Process Management (BPM) Software Yesterday
If your company hasn’t grown to a fully-fledged corporation yet, you’re probably terrified (if not disgusted) from all the enterprise lingo – workflows, procedures, contingency plans, risk management (to name a few). But scaling an organization is impossible without the implementation of business process management (BPM) practices in-house. NASA tanked $327.6M through its Mars Climate…
