As we move in summer, why not devote some time to improving your business skills, as well as make time for that delicious beach read?
The AMA Handbook of Project Management, Fourth Edition by Paul C. Dinsmore, PMP and Jeannette Cabanis-Brewin
“Until the early 1990s, the organizational issues related to project management were largely centered on how a specific project should be organized: Should it be put into a task force mode or be handled from a matrix management standpoint? The concern was based on single-project logic.
Because of the booming number of projects in organizations and the time pressure and cost squeeze associated with them the organizational concern has moved toward managing multiple projects in a short time frame, with limited resources.” (page 235)
“In another common example, a small business I worked with cast a wide net in an effort to miss no opportunities. That sounds good, but not everything that parades as an opportunity really is. And sometimes, you should be able to tell pretty easily that some floats shouldn’t be allowed anywhere near the parade. This company targeted mid- and large-tier hospitals and healthcare practices. The company had an excellent concept, but the CEO’s focus shifted with the weather. Rather than politely telling small practices, including very small ones, that they weren’t a fit for the company’s solutions or price point, he chose to capture their information and add them to the pipeline with a pipe dream that ‘a solution for your market is on the way.'” (page 31)
The Brian Tracy Success Library, Marketing by Brian Tracy
“One of the best examples of this bundle of resources concept is Intel. In the 1970s and 1980s, Intel became the world leader in computer chips used in virtually every large and small consumer device, including toasters and washing machines, to improve efficiency. But then the Koreans and Taiwanese entered the market with computer chips of the same or better quality at vastly lower prices, bringing Intel to a moment of truth.
The people at Intel, including then president Andrew Grove, realized that there was no future for them in computer chips. They then made the decision to shift the entire business into the manufacture of microchips for computers.” (page 92)
Own Your Future: How to Think Like an Entrepreneur and Thrive in an Unpredictable Economy by Paul B. Brown with Charles F. Kiefer and Leonard A. Schlesinger
“So let’s look at the situation differently. Are you absolutely thrilled with the way things are going at your current job? If not, what we are about to propose could help you lay the foundation for the next phase of your life. You’ll see that we aren’t arguing that you need to start a new company tomorrow. But we are advocating that you learn how to master entrepreneurial thought and action so that you are able to succeed in whatever you do next.” (page 157)
“A successful organization is one that grows constantly by balancing innovation with operational excellence. It is one that integrates innovative thinking into its daily operations. It encourages risk and rewards good ideas, even when they don’t work. It encourages employees to show up at work every morning and question how the organization operates. A successful organization is one that excels at turning new ideas into usable products and services for its customers.” (page 77)
Want to sample other AMACOM books? Check out our Random Quotes from New Books series.