Archive for June, 2008

Cross fertilisation

Thursday, June 26th, 2008

To be successful you often have to narrow down your focus and become an expert in a defined area. According to Toffler, a spin-off from the industrial revolution was specialisation. Before this time, people grew their own food and raw materials, manufactured their own clothes and educated their own ...

StrategyTuesday #17: Negotiations - Step 3 (continued)

Tuesday, June 24th, 2008

Last Tuesday I summarised five negotiation strategies [Lewicki & Hiam]. Today we’re looking at how to choose a strategy. Two important questions to consider when choosing a strategy are: How important is the outcome of the negotiations process? How important is your past, present and future relationship with your opponent? The significance of ...

Creativity: Crossing borders

Monday, June 23rd, 2008

A downside of becoming too specialised and focused is that we limit our exposure and in the process our creativity. A reason for this argument is that “Knowledge and experiences are the stuff from which new ideas are made” [von Oech].  The exposure to people from different cultures, reading unknown literature ...

Why are we staying?

Thursday, June 19th, 2008

Amazon.com stopped using the South African Post Office this week – too many of their consignments are being stolen while in the care of the post office. Government-subsidised houses for poor South Africans are sold to illegal immigrants because it seems that the immigrants are more than willing to pay bribes ...

“Be bold but don’t gamble” - Branson

Wednesday, June 18th, 2008

As per the definition of an entrepreneur one of their characteristics is their willingness to take risks, to take bold steps in pursuit of their dreams. These are not irresponsible or uncalculated risks. They are risks, where the pros and cons are considered, where the worst-case scenarios are defined and then ...

StrategyTuesday #16: Negotiations - Step 3

Tuesday, June 17th, 2008

Step 3 follows after the preparation (step 1) and the opening stages (step2) of the negotiation process that was discussed in previous StrategyTuesdays. After the negotiating parties have stated their opening demands they need to start working towards a solution that will be acceptable to both sides. Lewicki & Hiam suggested five ...

Problem solving questions

Thursday, June 12th, 2008

Robbins listed five questions he believes are commonly used by people who successfully solved challenges. These questions empower you to identify alternative solutions to challenges. The five questions are: What is great about this problem? What related to this situation is not perfect yet? What am I willing to do to make it ...

Ask the right questions

Wednesday, June 11th, 2008

It is important to ask the right type of questions when you are in a tight spot. [Refer to the post on the “use of language”] Questions like why me, why did this have to happen, how can they do this and why are they so unfair rarely leads to a ...

StrategyTuesday #15: Negotiations - Step 2

Tuesday, June 10th, 2008

The second phase in the negotiation process is the opening stage. [see negotiations, step 1] Now is the time to build a very persuasive argument for what you want, why you want it and why it will be beneficial for the other side to give it to you. In this phase you ...

World corruption status

Monday, June 9th, 2008

Relating to the post on work ethics. The global CPI (corruption perception index) can range between values of 0 to 10. An index of 10 shows no corruption (highly clean) and 0 the highest level of corruption. Denmark, Finland and New Zealand are the "cleanest" countries. USA is ranked number 20 South Africa ...