Purpose A strategic plan is a high-level document that clearly defines the vision and key objectives of a business, recognises the current reality and provides a roadmap to guide the business going forward. A strategic plan should be supported by more detailed planning documents, e.g. Sales and Marketing Plan, Operational Plan etc, and consolidated work plans Read more about Strategic Planning Basics[…]
Definition ‘To communicate information clearly and efficiently, data visualization uses statistical graphics, plots, information graphics and other tools. Numerical data may be encoded using dots, lines, or bars, to visually communicate a quantitative message.[2] Effective visualization helps users analyze and reason about data and evidence. It makes complex data more accessible, understandable and usable’ https://en.wikipedia.org/wiki/Data_visualization Why Read more about Data Visualization (DV)[…]
Introducing Ray Dalio I was introduced to Ray Dalio by Anthony Robbins via Anthony’s book ‘Money – Master the Game‘. Anthony introduces a number of the world’s greatest investors and money managers but reserves his highest praise for Ray. Ray’s All Weather Strategy and Portfolio Ray applied his own unique approach to problem-solving to create Read more about Ray Dalio – A Man for All Seasons[…]
In a previous post, ‘Idea to Action‘, I introduced the Smart Passive Income website and shared a story of quickly turning an idea into a ‘live’ online business. This post has a similar theme. There are hundreds thousands (millions?) of apps out there that can make your life easier and more productive. There are apps Read more about Get Appy[…]
On the 16th of August 2018, I had the privilege of attending an introduction to the Toyota Production System at their Australian HQ in Port Melbourne. The following day I joined a site tour of their Spare Parts Distribution Warehouse in Altona. The images below were taken in the Spare Parts Distribution Centre. Each ‘ERP Read more about Toyota Production System[…]
I’m sure you’ve had a great idea for a business, having a head full of ideas has been described as ‘the entrepreneurs’ curse’. How many of us actually act on these ideas? Gwen Blake certainly did. She dreamed up the witty meme above at the height of the recent political upheaval (the August 2018 Liberal Read more about Idea to Action[…]
The dramatic rise and fall of BitCoin in late 2017 brought cryptocurrencies and their underlying blockchain technology into the mainstream. As talk of BitCoin billionaires subsides, it is important not to lose sight of how impactful blockchain technology will be. Here are some useful links to introduce you to some ‘blockchain basics’ and some promising Australian blockchain-enabled Read more about Blockchain Buzz[…]
This publication reports on findings from a decade-long research project that examined the key elements of business success in great detail. The results are not surprising – those businesses that stick to the basics, and do them well, will outperform those who fail to consistently execute their chosen strategy, no matter how fancy, cutting edge Read more about Old School Business Basics[…]
McKinsey & Co. share rich and valuable content across a range of business sectors. They are particularly good at describing the impact of technology on the workplace. In this article, the author describes how the lines between a company’s products, services and user experience (UX) are blurring. In order to stay competitive, it is now Read more about Creating an End to End Customer Experience[…]
Recently I attended a 3-day Design Thinking course. Many of my colleagues are analytical types, I like to think of myself as a ‘humanist’. Design thinking involves”building up” ideas, with no limits, during a “brainstorming” phase. This helps reduce fear of failure in the participants and encourages input and participation from a wide variety of sources Read more about Design Thinking[…]
