Displaying posts 1-6 of 14 in total
Organizational debt: The hidden costs that slowly strangle organizations
Michael Schiller
February 26, 2025 ·
6 minutes read
Organizational debt, inefficient processes, and unclear responsibilities hinder innovation and competitiveness. Identifying and paying off this "debt" through transparent processes and clear responsibilities increases agility and unlocks the full potential of employees. Companies that actively manage organizational debt achieve competitive advantages.
Beyond Profit: New Currencies for Sustainable Businesses
Michael Schiller
February 26, 2025 ·
8 minutes read
Beyond profit, resilience factors count: organizational independence, low debt, decision-making efficiency, heeded opportunity costs, learning ability, and low resistance to change. These "currencies" secure sustainable, adaptable companies.
Leveraging opportunity costs for competitive advantage
Michael Schiller
February 19, 2025 ·
6 minutes read
Opportunity costs, the forgone profit of unchosen options, are often underestimated. This leads to suboptimal decisions in marketing, development, and employee retention. Awareness, alternative assessment, and benefit evaluation help to optimally allocate resources and achieve competitive advantages.
Self-Employed & Steadfast: Successfully Networking in Emscher-Lippe
Michael Schiller
February 05, 2025 ·
3 minutes read
The North Westphalia Chamber of Industry and Commerce (IHK) invites you to "Self & Employed" in Gelsenkirchen on February 13, 2025. The focus: networking and strategic decision-making in the VUCA world. A keynote speech and 2-minute pitches offer new ideas and contacts for solo self-employed individuals and micro-enterprises.
Neuronal Frontier: Mastering the Complexity of the Modern World Through Adaptability
Michael Schiller
January 21, 2025 ·
12 minutes read
The increasing flood of information and system complexity overwhelm cognitive abilities. This requires systems thinking, heuristics, and AI for reduction. Neural plasticity enables adaptation through focus and cooperation. AI serves as a partner to overcome challenges, with a willingness to change being essential.