by Lin Giralt, MBA, CMC® | Sep 23, 2020 | General
Summary: With the disruption and uncertainty caused by COVID19, the use of Scenario Planning can be an important tool in managing companies and could be a very useful arrow in the businessperson’s quiver. The idea of Scenario Planning is not to predict, but to...
by Lin Giralt, MBA, CMC® | Aug 25, 2020 | General
For an experienced manager, business owner or executive, making decisions is a way of life; so much so that few seasoned professionals even think about their decision-making processes. They rely on what academics call “heuristics,” which is another way of saying...
by Lin Giralt, MBA, CMC® | Jul 7, 2020 | General
As COVID19 ravages our lives, economy and businesses, smart entrepreneurs think about how to take advantage of the inevitable changes in our ways of doing business and make a higher use of down time that we may presently have. Discussing this with various friends,...
by Lin Giralt, MBA, CMC® | Jun 30, 2020 | General
[This is the second part of a two-part series on Brainstorming during the COVID-19 crisis. Part 1 was published recently. In Part 1 we discussed the composition of the Brainstorming team.] Steps in the Brainstorming Process 1) Problem Definition Not surprisingly,...
by Lin Giralt, MBA, CMC® | Jun 26, 2020 | General
[This is the first part of a two-part series on Brainstorming during the COVID-19 crisis. Part 2 will be published shortly.] As business owners struggle with the COVID19 crisis and spend many sleepless nights worrying about cash flow, employee retention and the...
