The Eisenhower Matrix
The Eisenhower Matrix is a tool that you can use to quickly prioritize what’s most important when you are trying to decide between multiple tasks. You can apply this to one off tasks or you can apply this to systems in your business with a little different thinking. The Eisenhower Matrix is based on a
Task and Priority Management Systems For Entrepreneurs
Having a system to manage tasks and prioritize those tasks is an important system as your business continues to scale. This is one of those systems that’s easy to get along without as you’re just starting out, but as the task list grows and your time gets shorter, at a certain point, a system to
Three ways of thinking about knowledge management that every business needs
Every business will have loads of knowledge to manage in different formats. There’s no one right way to do it all, so thinking through the types of knowledge your business, the intended purpose of this knowledge, and the format the knowledge is in will help you define the right systems for knowledge management in your
Knowledge Management Systems for Small Businesses
Managing knowledge in your small business is one of the most important things you need to be doing as an entrepreneur. From keeping track of things you learn along the way to documenting how your business operates, knowledge management is critical to the long-term success and scalability of your operation. Having an intentional knowledge management
Business Intelligence and a Good Data Strategy
To have good systems for business intelligence (BI), you must have a good strategy for your data. Data is the lifeblood of business intelligence: Without data, there is no BI. Before setting down the road of building out your business intelligence systems, or adding BI to your other systems, spend some time working on your
Business Intelligence for Entrepreneurs
Business Intelligence (BI) is a relatively large discipline that covers the management and usage of data to tell stories about what’s happening in your business. Larger corporations spend significant resources on BI teams to do all kinds of data management and reporting. Many smaller organizations don’t think about it at all. For the small business
Tech Management Systems for Cyber Attacks
There have been some high-profile cyber attacks in the news lately. The pipeline problem from a few weeks ago kicked off gas shortages across the Eastern US and ended with a $4.4 million payout to the hackers. A couple more hit the news this week with the biggest being one of the largest meat suppliers
Small Business Technology Management
Having a system in place to help you manage technology is critical for you to be able to grow your business in an effective and efficient manner. Technology in today’s business environment is as important as ever. Technology provides so many benefits and advantages in today’s world that it is becoming more and more difficult
Relationships Between Key Attributes
Last week we talked about the key attributes that make up your core activities. Remember, your core activities are the main things you do in your business and the key attributes are the inputs, process steps, outputs, desired outcomes, and metrics of each core activity. Inputs are the things that go into your process steps.
Identifying Key Attributes of your Business Activities
At this point, you should be thinking about your business in terms of core activities (systems) that your business performs to build and deliver valuable products and services to your Customers. For a refresher on thinking about the core activities of your business, read our article here. The next important piece of optimizing your business
The PRFAQ-how writing a press release and frequently asked questions is used in product development
A concept that has been made popular by Amazon is to use a press release and frequently asked questions, known as a PRFAQ, as a tool to help you in new product development. Typically, the company would not write a product press release until the product was finished. Amazon, however, has used writing a press
Improving your Business Outcomes – Think Bigger by Thinking Smaller
One of the things I see many entrepreneurs struggling with is how to fix or improve the outcomes from their business. The main reason why I see this happening is because entrepreneurs think of their business as one thing. In reality, every business is a collection of smaller components that make up the business. It’s