Business Facilities and Flexibility

Business Facilities and Flexibility

Post Covid, demand for office usage continues to be uncertain. Some ways that businesses, government organisations, education institutions and charities can use flexibility to hedge uncertainty are as follows: Install flexible wall partitions, so meetings rooms become variable in their capacity. Exploit demand for shorter term tenancy leases, including one year leases and one dayContinue Reading Business Facilities and Flexibility

Business and Charity Success

Business and Charity Success

Delivering customer or beneficiary benefits requires 4 ingredients; insight, strategic focus, expertise and business flexibility. Understanding customer or beneficiary needs is the insight. Choosing which of them to meet well involves both strategic focus and expertise. Building up and maintaining business flexibility ensures survival of the organisation in an uncertain world. Perennial business brands typicallyContinue Reading Business and Charity Success

Staff Specialisation

Staff Specialisation

How much staff specialisation is best? People can become specialists in functions or project teams for a variety of reasons – it can be accidental or deliberate. A generalist may be seconded to do a ‘deep dive’ into a problem, for a prolonged period. They eventually emerge as a specialist – someone with current expertContinue Reading Staff Specialisation

Commitment versus Cutting Your Losses

Commitment versus Cutting Your Losses

When is the best time to handle loss? Beforehand? Investors put a stop-loss in place. Policy makers put ceiling and floor limits on future activity. Engineers design pressure values. People choose an engagement period and sign pre-nuptial agreements, before they get married. Insurance companies design cover contracts & premiums, after first assessing probability of claimContinue Reading Commitment versus Cutting Your Losses

Organisational Resiliency

Organisational Resiliency

Organisational Resiliency – 7 questions If the future is highly uncertain, how important is resiliency and what can you do to improve it? Being resilient arguably matters the most when the future is uncertain (in the UK, think of Covid & Brexit combined) – in biology, species survive change thanks in part to their genetic diversity. Continue Reading Organisational Resiliency