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The Cost of Delay for Not Shipping on Time The cost of delay is the way to think about the revenue you can lose plus the cost of continued development. When you delay your release and don’t ship on time, you miss the revenue from the maximum sales times. Shipping on time isn't always easy, but it's easy to see why you need to. |
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Leading by Example: An Essential Trait of Successful Leaders Being an effective leader in today’s competitive world is challenging. However, a true leader stands out at these times, making all the difference in driving his team and their project to success. “Leading by example” is a top-listed trait of successful leaders in the workplace for good reason. |
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Learn to Use Your Creativity for Problem Solving Creativity, the ability to make new things or think of new ideas, is something we value. Steve Berczuk writes that established best practices, such as patterns, can help us solve many problems efficiently, but breakthroughs arise from creative solutions. |
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Can Innovation Be a Result of SMART Goals? Adopting innovation as a driving theme for an organization raises the important question of how best to set goals for achieving innovation. One of the popular philosophies of goal setting is better known as SMART goals, which stands for specific, measurable, attainable, relevant, and timely. |
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Why We Should Get Rid of Bonus-Based Pay There are several problems with basing a knowledge worker's pay on a bonus. In a team-based organization, management often doesn't know who did exactly what work; people concentrate on their own objectives rather than working together; and whether some targets are hit depends on too many factors. |
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The Benefits of Making Deliberate Mistakes Sometimes a mistake is exactly what’s needed to make progress. You require not just a mistake—but a deliberate mistake. Even if you don’t get what you really wanted or hoped for, you’ll probably learn something useful that will help you along your path. Read on to learn how to make good mistakes! |
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Does Facebook Run the Risk of Gradually Getting Cannibalized? It can be argued that Facebook is running the risk of getting cannibalized by newer competitors who are smart enough not to take Facebook head on—given its humongous size—but instead are attacking it feature by feature. Anuj Magazine examines the risk for Facebook. |
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Cancel or Save a Troubled Project: How to Decide If your project is going nowhere—or if it’s going somewhere, but it's rapidly downhill—sometimes there’s no choice but to scrap it. Of course, that’s easier said than done because the issue of sunk costs often kicks in. How do you assess whether the benefits will still outweigh the investment? |
