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THE PRODUCTIVITY INSTITUTE NEWSLETTER Thursday, January 22, 2009 Next edition will include our Featured Company |
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Newsletter topics: Marketing, Consulting, Press Release, Accounting Software, Human Resources
by Melanie DePaoli
 If most of us are ashamed of shabby
clothes and shoddy furniture, let us be more ashamed of shabby ideas and shoddy philosophies. . . .
It would be a sad situation if the wrapper were better than the meat wrapped
inside it. Albert EinsteinOnce again, Einstein was ahead of his time! But, in this case, he was only
half right.
There are many companies out there that have hired an incredible designer that
was able to initially cover up the shoddiness of the business as Einstein might lament. On the flip
side there are many GOOD companies that for whatever reason will not or do not invest in quality
design, and this is as sad a situation as Einstein described.
How does good design affect your business, be it for a website, marketing
materials or any other aspect that the public views? What is the value of design? Can you control
the effect of quality design? Most importantly does good design impact my bottom line? (continue)
by Greg Coats
(Part 1 of this article discussed some factors
to consider when selecting accounting software. Part 2 is a list of additional factors.)
 Accounting software is integral to the
well-being of every company. Regardless of the size of the company or what it does, the accounting
software it uses must be able to support its financial needs. Properly evaluating the needed
accounting software requirements for a company is therefore crucial.Key factors to consider may include:
Security – This is more important
than ever, today. While network controls are important, software security is also
important. Do you need software that can “lock out” certain users from specific
functions or only allow them “viewing” privileges?
Future Growth – Is the software
modular? If so, can you add additional modules, as needed? Can the software handle a web
store? Will it need to handle a high volume of transactions while maintaining historical
information? Are there any available third party add-ons that can provide additional
functionality?
(continue)by Douglas Castle
 A news release, press release or
press statement is a written or recorded communication directed at members of the news media for the
purpose of announcing something claimed as having news value. Typically, it is mailed, faxed, or
e-mailed to assignment editors at newspapers, magazines, radio stations, television stations, and/or
television networks. Commercial press-release distribution services are also used to distribute news
releases. Sometimes news releases are sent for the purpose of announcing news conferences. A press
release is different from a news article. A news article is a compilation of facts developed by
journalists published in the news media, whereas a press release is designed to be sent to
journalists in order to encourage them to develop articles on the subject. A press release is
generally biased towards the objectives of the author. The use of news releases is common in the
field of public relations, the aim of which is to attract favorable media attention to the PR firm's
client, and publicity, the aim of which is to attract favorable media attention for products
marketed by the clients.(continue)Outstanding Consultants Help Avoid Rework by Bruce Newman
Talking To Your CEO by Greg Chartier, PhD,
SPHR
Management cares about results. Historically, however, human
resources has not understood nor attempted to understand what results were important.
Two measures are most common, effectiveness and efficiency. I think we begin with
efficiency.
Efficiency is a ratio of inputs and outputs; you put resources in and get
results out. If you can decrease the inputs and increase the outputs, you are more
efficient. Efficiency also allows you to spend more resources, assuming that the outputs will
increase in a greater ratio than those inputs.
One of the difficulties in using the term “efficiency” is that
we have multiple definitions for it. I will use efficiency to mean, “How much does a
given expenditure on human resources produce in programs or practices?”
For HR people that means, what level of human resource programs (training,
compensation, staffing, communications ,etc.) is generated for a given investment of resources (such
as time and money)?
(continue) |
The Productivity Institute (PI) provides companies with rated outstanding consultants to meet their specific requirements, thereby increasing value and enhancing PI. There is no cost or obligation to use our location, qualification and referral service to try us out. After you've epxerienced just what we can do fo your cost savings and efficiency, you can have our talent on tap and leverage our knowledge of your organization and its requirements at a minimal Client Special Service Fee. (view one page brochure)
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Avoiding the need to rework any
project positively effects productivity. Since reworking a project usually incurs many additional
expenses - sometimes more than double the initial cost - and much extra work and lost time, it
should be avoided, if possible. First, it often requires the assembly of a new team or set of
experts - a painful and time consuming step. Second, it requires a new assessment of the project
design and plan, implementation, percentage of completion including what still needs to be done, and
what needs to be fixed. Frequently, it is often cheaper and easier to start over than to attempt to
fix a major problem. Having to rework a project may also result in additional complications and
complexities particularly if it is subject to outside influences. Furthermore, if there is a problem
with the initial design, subsequent changes or additions may not be possible without massive
revisions.
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