It’s been nearly two decades since Michael E. Porter, Bishop William Lawrence University Professor at Harvard Business School wrote “The Competitive Advantage of Nations.” Porter’s groundbreaking study of international competitiveness outlined how a nation’s competitiveness depends on the capacity of its industry to innovate and upgrade. It transformed how companies think and act when it comes to innovation. Innovation, he noted, is rather ordinary and typically comes about in incremental steps or through the snowball effect of multiple small insights rather than a big bang event such as a single, major technological breakthrough. That point is still being debated, especially when you consider the success of disruptive companies like Apple, Uber, Amazon and Google. But what was relevant then and continues to be today, is Porter’s observation that innovation always involves companies investing in skill and knowledge.
When there are issues within your company, it’s easy to want to avoid bringing up the elephant in the room. However, what company has ever benefited by ignoring their issues? It’s best to address any issues head on and resolve them before they grow into bigger problems. Every company faces challenges at times, so rather than skirting around them, face them strategically and create lessons learned.
Company Named Winner of the Meritorious Veteran-Owned Business Award
Your employees may know the specific roles they play in your company and how they affect the overall company vision, but do they know how they directly make a difference for your clients? It may be obvious to project managers and employees who directly communicate with those you serve, but do your accountants understand how their meticulous maneuverings of numbers translate into providing essential training for deployed service members?
Picture this: you’ve just landed a high-profile assignment as a manager for a critical customer project. Now what? You think well on your feet, solve problems and ooze professionalism with clients. As a manager, your daily routine consists of gathering information, synthesizing insights, and creating solutions. However, the road to delivering successful project outcomes is a minefield, even for the most experienced of managers. Failure is not an option. Avoid the pitfalls and become a better manager by learning to stop making these three major mistakes.
A brand is more than a slick logo or snappy tagline. It's the sum total of how someone perceives your organization. In short, it's your reputation. A brand is influenced by customers, employees, news articles, social media, your CEO and the receptionist in the front lobby. Everything your company does either enhances or diminishes your brand. Ensure everyone understands your brand and how to communicate it.
Joins distinguished group of veteran woman-owned business owners making an impact
SPRINGFIELD, VA, July 20, 2017 – Staci L. Redmon, President and CEO of Strategy and Management Services, Inc. (SAMS) was recently appointed by the National Veteran Small Business Coalition (NVSBC) to its Board of Directors.
Your company culture can make or break your company. It can increase or decrease profits, affect operational efficiency, sway employee turnover rates, and dictate how much risk an organization is willing to take. With federal, state and local governments, as well as private companies, continuing to turn to the industry for staff augmentation and project support, the crucial role of contractors and their impact on company culture is a hotly debated topic. Here are few ways contractors or employees outside of your corporate office can contribute to creating a stronger and more successful company culture.
Never allow a person to tell you no who doesn't have the power to say yes. Who in your organization has the power to say “Yes”? It’s the best way to identify the true decision maker. Almost anyone in an organization can say “No,” but the person with real power can say yes.