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How to Ask Great Questions

Much of an executive’s workday is spent asking others for information—requesting status updates from a team leader, for example, or questioning a counterpart in a tense negotiation. Yet unlike professionals such as litigators, journalists, and doctors, who are taught how to ask questions as an …

Psychology

How to Get People to Accept a Tough Decision

Imagine this: You’re a general manager for a manufacturing company and orders are up. You know you should be celebrating, but instead, you feel gut punched. Your plants are facing severe capacity and material constraints and you know you can’t fill these orders. Now you have to decide which ones to …

Management

15 Killer Project Management Best Practices to Make You a Better Manager

If you’re a project manager, developing and adopting project management best practices is likely one of your top priorities. This article will share …

Project Management

Contribution Margin

During my classes for Managerial Accounting one of the courses in EMBA, I learned new terms of accounting, many formulas and ratios. Among them, I …

Small Business

Why Project Managers Are Essential to Your Business

Bring cohesiveness and structure to a growing company.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>The goal of every business is self-sufficient growth. This means the company itself runs smoothly, and with enough skill, to create profit and a good reputation all on its own. But …

Project Management

How to get a failing project back on track

It can be a short path between project initiation and project failure. And while not every failing project is worth recovering, project managers who …

Project Management

6 ways to increase buy-in from project stakeholders

Gaining trust and cooperation from a project team is imperative for success. Here are some ways to improve communication with stakeholders and make …

Project Management

How to Respond When You’re Put on the Spot in a Meeting

“Katherine, have a go at it?”<p>I love this scene from the 2017 movie, <i>Hidden Figures.</i> Katherine, played by Taraji P. Henson, is put on the spot by her boss, played by Kevin Costner, in a room filled with top brass NASA officials — all male. She is asked to go to the chalkboard and lay out the math to …

Participation

Are Best Practices Really Possible?

By Mario Trentim A project is a planned and coordinated piece of work that requires considerable effort to deliver a specific result. According to …

Project Management

How can Vendors Ensure a Successful Project Delivery

Do not over commit<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You're reading Entrepreneur India, an international franchise of Entrepreneur Media.<p>Service based businesses face a challenge at times of not being able to meet client's expectations. Development teams try to justify …

Project Management

How to Save a Meeting That’s Gotten Tense

On March 30, 2017, Salt Lake County Mayor Ben McAdams stood in front of crowd of over 1,000 angry citizens. McAdams had recently floated the idea of situating a new homeless resource center in Draper, a city 20 miles south of Salt Lake City, Utah. What began as an orderly public meeting soon …

Inventions
Management

Google Wanted to Know What Makes a Manager Great, So It Conducted a Study. Here Are the Results | Inc.com

20 years ago, you probably would've laughed if someone said your life would one day be irrevocably changed by a company called Google. <i>What's a google</i>?<p>But, as you know, Google's become the largest entity in one of the biggest tech companies in the world. And it's giving you a glimpse inside its …

Leadership

Statement of Work: Definition & Examples

No matter what industry you’re in, the one constant throughout the life cycle of a project is paperwork. There is always plenty of paperwork to …

Project Management

Communicating in Conflict

by Lynda Bourne One of the realities of project life is every once in a while you are going to become embroiled in a dispute that is emotional and …

Project Management

In Just 3 Words, This $10 Million Entrepreneur Taught a Powerful Lesson in Customer Service

Sweat the small things, earn the big bucks.<p>How do you blow customers away in business?<p>Here's the thing: it's not just about the grand gestures, which cost a lot of money and time. All you need to do is to nail those <b>micro customer experiences</b>. Basically, we're talking about the small gestures that …

Customer Service

12 Things Successful People Do On Friday Afternoons

How you end your workweek will not only have a huge impact on how productive you are the following week, but also may determine how relaxed you are …

Productivity

There Are 7 Types of Decision Making. Which One Is Best For You?

It's easy to complain about the decision process in your company, but finding the right one is elusive. Let's take a look at the alternatives<p>Nothing happens in business until someone makes a decision. These days, with the market moving at warp speeds, the timeliness of decision making is also …

Management

10 things to consider when writing a request for proposal

A request for proposal (RFP) gives businesses the opportunity to solicit a number of suppliers for services based on a set brief. It is crucial …

How to Keep Your Cool During a Performance Review

While the holiday season may be behind us, the peak season for exchanging gifts and messages is not over. Not by a long shot. For many companies, …

How smart people handle difficult people

Difficult people defy logic. Some are blissfully unaware of the negative impact that they have on those around them, and others seem to derive …

Tips For Leading an Effective Taskforce

By Marian Haus, PMP We’ve all heard about those projects in crises—the ones that required a quick and firm intervention with the help of a taskforce …

Project Management

Need to Create Energy at Your Next Meeting? 8 Exercises That Will Break the Ice and Build Teamwork

Pause the presentation and give meeting participants the chance to . . . participate<p>Planning a major meeting? If the agenda consists of nothing more than presentation after presentation, you know what's going to happen: Participants will struggle to stay awake. Most people will multitask or just …

Customer Service

Standing Out as a Project Manager

by Dave Wakeman Not all project managers are created equal. The challenge for many of us is how to stand out in a marketplace where people are …

Project Management

Plan a Better Meeting with Design Thinking

“Sometimes, when I sit in meetings, especially ones in which people don’t seem engaged, I calculate the cost in staff time. I’ve estimated that one standard weekly meeting in my bureau — 50 people sitting in a cookie-cutter conference room, looking both bored and anxious — costs around $177,000 …

Design

Risk Management in Plain English: A Guide for Executives

When COSO published its updated ERM Framework last year, I thought about what it would mean for my popular 2015 book, World-Class Risk Management. …

Project Management

Project managers still not delivering? Maybe it’s time to get rid of them

Did you and your team return to work this year full of vim, vigour and good intentions? Were you silently hoping the perennial poor project …

Project Management

Your project failed. Now what?

Failure in the workplace can take many shapes. The budget cycle ended, and your prized initiative was the only one on the chopping block. Or the client called and abruptly cancelled your agency’s long-term contract. Maybe the star employee you recruited into your company turned out to be less than …

Management

5 early warning signs of project failure

Project failure is costly. While the Project Management Institute (PMI) last year reported that a 20 percent decrease in project failure rates versus …

Project Management

8 Critical Change Management Models to Evolve and Survive

For your business to survive it will need to evolve. For it to evolve, you need to make changes. Without a change management model, the success of …