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Showing posts with label Keep. Show all posts
Showing posts with label Keep. Show all posts

Monday, October 7, 2013

Do You Keep Score In Your Company

Do you keep score in your company? Do you know the score on a daily basis or do you have to wait until the end of the month for the books to close on the previous month? What does it cost you to have to wait to know what the score is?

And what about your people? Do they know what the score is? Do they know which number is most critical and where that number stands today? Or are they standing in center field with no scoreboard (often called a dashboard in business) to look at, and no effective way to ask for that information?
If you were to put up a scoreboard in your office, store or factory, what's the one key number that would have to be on it? This may change over time, but for this quarter or this year, what is your critical number? Is it inventory turns per year, or profit per transaction, or transactions per hour or what?

Back to our baseball field, they don't just track the score, do they? They also display historical data (how many runs were scored each inning of the game we're playing now), the number of hits and errors for each team, and current status (balls and strikes for the current batter, the number of outs, and which bases are occupied). Some scoreboards also give you the name of the pitcher and batter, and perhaps who's next up to bat. The center field scoreboard also displays many other bits of information, like the status of other games being played the same day.

What's analogous in your business? Besides that one critical number, what else might be useful for people to have within their line of sight?

There's one other type of dashboard that successful companies are using, as a management tool. This dashboard (scoreboard) shows a row for each of the company quarterly priorities (rocks) with the name of the priority and the name of the accountable person. Each column has a date, and each quarter with therefore have 13 columns for the 13 weeks.

Each week, the person accountable for that priority (rock holder) designates a color for that priority. If the priority is numerical and we're on track, that's green. If we missed but are close, that's yellow. If we're red, that means we're in the unacceptable range. 

For a milestone based priority, if we've met the milestones for that week, that's green. If we've fallen a bit behind but think we can catch up without a major change or reallocation of resources, that's yellow. If something major needs to change in order to get back on track, that's red. 

If the priority isn't so easy to define, we should talk more about how to set good quarterly priorities, but in any case, the rock holder can simply give a color based on their own prediction about where that priority will end up at the end of the quarter. There's no incentive for someone to give an overly rosy picture, because if they're showed green for 12 weeks and then turned up red.

Tuesday, June 18, 2013

Keep Personal Information Private

Most important thing identity theft is on the rise and costing Americans and the U.S. economy billions of dollars each year. In light of this, most states have enacted tough new laws aimed to punish those who steal another person's private information and use it to commit fraud. These laws are also designed to help prevent identity theft from occurring in the first place. They address the ways and means that private businesses and government agencies alike are supposed to dispose of a person's private information that they handle or come in contact with in the course of doing business.

The laws differ from state to state, but they are all written with the same goals in mind - to help prevent identity theft, to punish those who commit this crime and to give victims more options in fighting this scourge of the modern information age.

How to Prevent Becoming a Victim of Identity Theft

When you stop to think about the kind and amount of information citizens typically entrust to their government's care, it can be mind-numbing. Not only social security numbers, but medical information and history, income, immigration status, education and work records - a virtual gold mine of information for a hungry and crafty identity thief. Government agencies are tasked with the safe and proper destruction and disposal of this information or they face stiff penalties for failing to comply.
In this war against an increasingly aggressive band of identity thieves, the role of a professional document shredder cannot be stressed enough. These companies make it their business to know the existing, and oftentimes, stringent federal regulations covering the proper and safe destruction of documents containing personal information. They can thus assure compliance with the law.

Moreover, by employing the highest level of security when shredding personal consumer information, they assure the general public that the information they share with the government is secure and out of the reach of identity thieves. This level of confidence goes a long way in restoring a wary public trust in their government, whether on the local or federal level; it gives taxpayers a sense that their tax dollars are being spent wisely and that their government is looking out for their best interest.
Victims of identity theft can spend thousands of dollars and countless hours getting their lives and affairs back in order. Professional document shredders not only safeguard a consumer's personal information, but also save them time and money by preventing them from becoming victims in the first place.