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Leadership Tip #13: For Innovation, Remove at Least One Policy or Procedure a Week

Johanna Rothman

Some managers wanted to prevent Bad Things from happening in the organization, so they added policies or procedures. However, the policies and procedures increase friction and make it harder to get the Right Things done. It's time to start removing some of those policies and procedures. Yet, the policies and procedures remain.

Policies 131
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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

To improve their project management practices, C-levels at HHI developed a sustainable management policy. To engage their employees to the fullest, HHI will implement a Team Responsibility Policy for quality failure costs. Credit: HHI’s Integrated Report 2017 World Maritime News reports that HHI has now set a target of $65.2

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We Tracked Every Dollar 235 U.S. Households Spent for a Year, and Found Widespread Financial Vulnerability

Harvard Business

The lack of access to stable, predictable cash flows is the hard-to-see source of much of today’s economic insecurity. Financial Diaries (USFD), an unprecedented study to collect detailed cash flow data for U.S. But this close-up look at cash flows suggests new routes to helping families. households.

Cash Flow 135
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How Well Do Your Policies Create Desired Outcomes and Trust?

Johanna Rothman

Every organization has policies of some sort. The smaller the organization, the fewer policies you might have. And, the larger the organization, the more policies you might think you need. I keep encountering policies that prevent people from delivering the outcomes the organization wants. Why have policies anyway?

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

Effective Cash Flow Management 🔑 Learn strategies to manage your cash flow efficiently, ensuring liquidity and financial stability. Managing and Enforcing Expense Policies 📊 Understand how to develop and enforce company expense policies that promote financial discipline and cost-efficiency.

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Reclaiming the Idea of Shareholder Value

Harvard Business

Properly understood, maximizing shareholder value means allocating resources so as to maximize long-term cash flow. ” Second, companies need to adopt a set of policies that encourage behaviors consistent with the governing objective.

Cash Flow 122
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The Corona Virus for Small Businesses

Consultant Journal

If your business meets with clients in person, you may want to look at your policies and processes to help keep clients and yourself healthy. From a business point of view, you may also need to take precautions: Look through your HR policies, including paid time-off, sick leave, caregiver, short-term disability benefits and policies.