Category Archives for Management

DISCover Decision Making

When making important decisions, are you the sort of person who naturally jumps right in, the sort of person who first makes a detailed plan, or the sort of person who tries to minimize risk? Whatever your preferred natural style, understanding your dilemma from a different perspective can help you to make better decisions by […]

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The Kraljic Matrix | How to Optimize Purchasing Costs and Risks

The Kraljic Matrix helps us develop a purchasing strategy for the products and services our organization consumes. It aims to remove supply vulnerability as much as possible and maximize our potential buying power. The model was published in Harvard Business Review in 1983, although it was already in use at BASF at this time. The […]

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Financial Training for Managers

I’m going to be covering financial topics more and more over the coming months here on EPM, as it’s something I believe every manager needs to be aware of. It never ceases to surprise me how many people I encounter in business who don’t understand anything about equities, annual accounts, and financial metrics. That strikes […]

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Student Syndrome and Management

As I write this it is early June. The time of the year when academic exams are in full swing and many (probably the majority) college students are studying for long hours to pass their exams, having left it to the last minute. I remember from my time at university, that I followed exactly the […]

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