However, hiring is difficult and time consuming. There are a dozen or more job boards in the US alone that are supposed to help connect employers and employees, but most of them send resumes into a blackhole. Over a hundred billion dollars (yes, billion, with a b) is spent each year on staffing and recruiting services to help land the right people in the right roles. Clearly, there are some issues here.
Category: management
Better Decision Making Under Uncertainty
he reason being, algorithms to find optimal solutions rely on the expected value of the decision. It requires assigning a utility value, a dollar value, or some metric to a possible outcome then multiplying it by the probability of getting that outcome. In many cases, though, the expected value is itself uncertain
Get Alignment With A3 Reporting
the purpose is to ensure rigorous thinking around sharing the most useful information to get alignment and buy in from cross functional teams.
Celebrate Learning, Not Failing
What matters more than what phrases a business uses, though, is what actions are taken. Setting out to fail, as a strategy, is going to bring failure.
Create a Hiring Process
Looking at similar job postings across companies, it’s easy to see that most JDs are just copy and pasted off one another. The same vague, fluffy language surrounding the duties of the job are used repeatedly. The worst part of fluffy job descriptions
Start With the End in Mind
As the wise Baseball coach Yogi Berra once stated, “If you don’t know where you are going, you’ll end up someplace else.” When taking on any new adventure, project, task, job, etc., having an idea as to what the end…
Kanban Communication
Kanbans are another tool from Toyota’s pull based manufacturing system. Originally, physical cards acted as representation for the need of an engine component, and were passed to the relevant department when
Managers, Continue “Doing the Work”
These are all important aspects of a manager's day, however, the more time a manager spends doing these tasks, the less time they spend with the customers.
Give Away Information, Build Familiarity
If your business can educate customers (and potential customers) for free, you’ll build better relationships and funnel in more customers. If ACME services and installs new HVAC equipment, they should give out free maintenance advice on caring for heating, AC…
Systematically Collect Feedback (and use it)
Capitalizing on the best features by making them even better to use will delight power users. Speaking of delighting users, try and go out of the way to delight 30-50% of customers, especially in the early days.
OpsCombinator 