Blog - page 52

What are the objectives of business intelligence

Darryl Bachmeier Mar 13, 2019 Strategy

It is known as business intelligence or business intelligence, the set of techniques, strategies, and technology that through the measurement and subsequent analysis of data, seeks to improve the task of those responsible for a store and help them achieve their business objectives. The main objectives of business intelligence are: Collect all possible data about the clientele Among these data are: The number of people entering the store at different times of the day. This is done through an advanced person counter. Tour they make inside the premises. Websites that visit from their mobile phones through the free Wi-fi provided by the store. Analyze the data collected A set of numbers is useless if they are not interpreted. Business intelligence technology, in its current state, provides automated solutions for this. This way, among other issues, you can find out which are the most and least crowded days and hours or...

Resistance to change and potential solutions

Darryl Bachmeier Mar 13, 2019 Business

Resistance to change if ignored can quickly slow or make change efforts fail altogether. This paper will first go through a case study from a well-known organization and discuss how they dealt with change in order to survive. Then it will discuss common motivations for change, causes of resistance and provide some solutions to resistance. Motivations for Change Change is about moving from one state to another. History has shown that companies who do not change can fall behind their competition and be wiped out. Sources of change can occur both internally and externally. Motivations include globalization, economic conditions, workforce trends, competition, suppliers, customers, new technologies, legal requirements, and dissatisfaction with the current situation. Causes of Resistance Resistance occurs when employees exhibit behavior that is disruptive to the goals of the change initiative. They may act out and challenge the change. This unwillingness to change is serious to the success...

Public trust in organizations

Darryl Bachmeier Mar 13, 2019 Leadership

Trust is like a living organism. It is grown, requires maintenance and can be destroyed. If our trust in an organization is ever damaged it causes us to lose confidence in the ability and reliability of the organization to perform tasks or produce work either on time or of good quality. Trust must be earned. We do not give organizations our trust without seeing some benefit first. The public trusts that businesses will produce safe goods and services to a certain quality standard. We also have expectations in how the company will act and behave. Organizations must show interest in the wellbeing of the community and environment. Consumers will only purchase goods if they believe the organization has their interests at heart. For example, a food product meets government regulations and is safe to eat. To loose public trust means that the company did something to break the trust in...

Path-Goal versus Situational Leadership

Darryl Bachmeier Mar 13, 2019 Leadership

Path-goal theory focuses on the how the leader can motivate followers. In Path-Goal, the leader adapts their leadership style to the situation. Followers are motivated if they feel they are capable of completing their tasks and if the followers feel the outcome of their works are advantages to them. Path-goal includes contingency theory, as there are three contingences, which are leader style, followers and situation, and the rewards necessary to meet the needs of the followers. Situational leadership suggests that there is rarely a time where one leadership style will work in all situations. People are unique and require different styles of leadership. It depends on the followers to which style of leader can choose. Leadership Styles Path-Goal Path-Goal theory has four types of leadership styles: supportive, directive, achievement-oriented and participative. Directive leadership is one-way communication in that the leader gives instructions and the followers carry them out. Participative leadership...

Trust in virtual teams leads to success

Darryl Bachmeier Mar 12, 2019 Teams

Building trust as a concept Virtual teams encounter challenges like any other team however; their challenges are a unique mix. Processes can be put in place to meet these challenges head-on and prevent them from getting out of control. Certain processes are best when implemented right from the start and these are not a one-time task but rather ongoing processes. Methods to ensure trust, schedules of face-to-face meetings, metrics for team performance and proper communication strategy can increase the chance of virtual teams to be successful. Trust in a virtual team is the most important driver of success. Although this is important for any team, it seems to be much more important when the team is not collocated. As a team member, you need to trust your teammates will complete their pieces of the work. As a subordinate, you need to trust that the team leader believes you are doing...

Transparency is vital to a change initiative’s success

Darryl Bachmeier Mar 12, 2019 Leadership

The Neutral Zone is the middle phase of the transition process and the realm between where the change started and where it is supposed to become. There are several measures that need to be taken in advance to prevent any potential unpleasant or inconvenient things from occurring. Transparency is vital to the change effort, helping to establish a trusting environment. The change agent will need to do a proper analysis of all stakeholders and develop a communications plan. A communications plan allows the change agent to determine the needs of their target audience when communicating any information about the project. It allows them to determine the frequency of communications at the level of detail needed. Details may need to be shared with stakeholders that are deemed essential for their duties while other information may be withheld and provided at a time that they are considered necessary. Certain change initiatives do...

Toxic employees resistant to change initiatives

Darryl Bachmeier Mar 12, 2019 Business

In some organizations, chronically resistant employees occur, who will consistently resist any change initiatives. These employees are afraid of change, attacking all things that are outside their comfort. Toxic employees use social hacking to manipulate others using rumors, silent treatment and intimidation. These employees need the environment not to change so they can hold onto their informal power. If no other employees on the team behave in this manner, then it is clear the employee does not fit well with the organization. If they are a valuable worker, the organization may attempt to find them work in a different area of the organization that could perhaps fit the personalities of the employee, creating a beneficial scenario as the employee is removed from their current toxic role and can still add value to the organization. All employees have unique personalities, values and needs and may benefit in different job roles. Business...

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