Are you in a work environment that suffers from excessive email traffic? You know you are in one when you receive more than 100 emails in one day. A business can grind to a halt if an email culture of indiscriminate use is allowed to clog every channel.
Making the transition from being an entrepreneur-led business to one that operates as an “institution” is not easy. A business that deals with everything that comes their way in a reactive, ad-hoc, team-based manner is not scalable. So, start with clearly defining and communicating a function-based org chart that nicely follows your value-chain.
It is well understood that growing a business requires people. If you want to grow a business fast, therefore, you have to source, filter, and hire of a lot of people very quickly. Identifying the right people, with the right capabilities, and the right cultural fit when the hiring engine is in overdrive requires a special set of safeguards.
Executives, decision makers, and management in general have a finite amount of “Management Attention Units” (MAUs). So, what are MAUs anyway? We use this general term to refer to time used by management to carry out core supervisory duties. Management’s time – a very valuable and finite commodity.
What is done is done. Now, it is time for Facebook to take ownership of what happened, and prepare a plan to both handle the current crises and mitigate the risk of this ever happening again.
After the Enron and Worldcom scandals of 2001, the Sarbanes-Oxley Act (SOX) was enacted by Congress to help prevent certain types of fraudulent practices. Among other things, SOX has had critical implications for IT. Not only because of the role information technology plays in all businesses nowadays but because of SOX’s industry-leading Section 802 data retention requirements.
It is a well known fact that an effective way to reduce one’s workload and stress levels is by delegating in the workplace. Delegating, however, requires trust in the person you are delegating to and an understanding that things may not be perfect.