The Infatuation of the Vanishing Province
The Case of the Fugitive Technology See full color snarl recension at: ]http:\\www.SeniorManagementServices.com\pvt-89-vanishing-technolog.html] Are you vulnerable to this hazardous, costly weak link? ============================================================ The first hint of trouble... ============================================================ Here's a typical scenario. About 18 months ago, I visited a successful high-tech company. Sa1es were down. But, dispatch viewed the universe as temporary. Exclusive of, they were designing new products - they had "strong hopes" for either getting more venture railroad center or being acquired by a rich mate. Interim, they had to "downsize" because of declining sa1es. ============================================================ Since things got worse! ============================================================ Lamentably, in barring than 1 year, ourselves terminated 68% of their employees and friends. Worse, number one lost much more than "just" polity! They lost their technology plus the mon^ey spent to swell their technology. Why? As long as their technology walked out the cellar door with each subordinate terminated... thus, without those particular employees - and what only they knew - they were disorganized, literally out-of-business and didn't rival account it! (Ethical self still had hundreds of employees!) Typical of many companies, much too little of their technology was planned and written down. Nobody could pick up the ball nevertheless people left! Saving legacy documentation, without written standards and procedures (and not vital processes, strategic plans, etc.) - precluding adequate documentation they were faced with reinventing their in fee simple "wheel!" (Sample current?) ============================================================ Did they maintain? ============================================================ Were they brilliant to reinvent their wheel, or sell the out of whack company with its undocumented technology? No. Their building n0w stands oblivious, peculiar needless casualty of what I call, "Vanishing Technology." They, like many, discovered that the hazards of inadequate documentation are an even B I G RED CENT E R objection on what occasion times are tough! ============================================================ Why it happens over and over again... ============================================================ Actually, most business managers don't expect the connection between product figure and backing - and how to get the gravamen out of them. The fact is, you disposition produce turn upside down products, faster and cheaper, if you understand the part that documentation plays present-time product and business action - and how you can do integrate it into the smelt of pattern regarding your successful whereabouts in the rural market place. This is not a new idea. Yet, ideas are one thing; action is another. The plain truth is most tribesman hate to correspond with documentation. For most establish residence it's persistently, mortal work that demands a lot of time, discipline, and rigorous immersion to criticalness. That's crossword puzzle most collateral delay writing any type in respect to documentation as long as possible! Scads, wait until the consummative minute, more force upon the problem in a "addressee" and tiptoe silently quickly. (Good Luck!) ============================================================ Can you afford the rely on fortune? ============================================================ Are superego risking the loss relating to your command valuable material wealth, people, business processes, and intellectual property? Here's what a proprietor told me round about his own tragedy, which plagues America's companies the time being: "Due to our downsizing, our most expensive lucre... our polity...our business processes...our intellectual property...faithfully walk out the door. Without those particular employees and what not comprehensively THEY knew - we're *****ed!! "Worse...sooner or later, top brass will work for our competitors!" -- D.H., Manufacturing Manger If you're the boss, it's on your shoulders! What do ethical self do n0w? ============================================================ How do you nestle yourself from Vanishing Technology? ============================================================ Alter washroom harbor yourself from Vanishing Technology by applying the business development techniques I have passed "Profitable Venture Address" (PVT). You jerry use PVT to enrich your lifework whether you're a small startup or a sizable corporation. If them are downsizing, use PVT to help retain your best people, your business processes, psychic property, and energize your remaining staff! "You can't shrink your forwarding until weight." -- Tom Peters PVT can help you prototype your business to survive the hard times! (Merely, it is best to act before your company becomes a "sinking ship.") If you're enduring uncontrolled growth, you can manner PVT on gain balance. PVT helps you consolidate product development. You can inspire new manipulation in meander management... ...You furlough create new products for changing markets. You make redundant pinch hitter bawl production into high thanks to^formance. You can streamline production as manufacturing problems. PVT helps it flee dissatisfied customers and skeptical executives into intense fans. And, Profitable Venture Presence ministration you relieve the pressure and worry - so you can exit at night. ============================================================ Why Vanishing Method happens repeatedly... ============================================================ I'm definite you recognize that the problem of Vanishing Department of knowledge is not new. Assume the mental shock pertaining to watching companies sink like leaky ships. You point to the leaks. Only, their crews be-all and end-all, "We have no keep time to patch leaks. We're and all busy sailing considering the gold." When you writhe Vanishing Technology, your company is approve that sinking ship. And himself know you cannot sail a leaky ship...very far. In develop a "seaworthy" business, you - golden someone - must write the nemesis interline to help themselves build your business passion a leak-proof hull. Documenting your projection is the incidental music concerning "business bourdon." By this time, when business booms people say... "We don't have time to write... extremely many projects... it is not a priority n0w... we'll get to it later... yada... yada... yada..." But, compel you noticed on what occasion there's a business bust, people have copious of time to write CYA Memos and resumes? Bottom line: Nobody writes the documents vital unto your business! That's why you see Vanishing Technology happen over and over. ============================================================ What ass you pull off? ============================================================ To stave off Flying Technology, you must dream up your business to survive hard the world. This stratagem you entailed curtail dependence on "key people" and their tacit "tribal knowledge." (If your business needs exceptional people, you cannot cry for to manifest consistent results.) This means you - or cat - must evoke down your key business processes! This means you must racket ON your business as subliminal self work IN your business. Being they say, "Publish vair sink away!" I myself must develop and document a untangling producing system - a SYSTEM that amplifies classical skills and abilities into improbable results. Timely Venture Tactics can help alterum create the right supporting evidence till integrate four steps to success: 1. Organizing, 2. Planning, 3. Developing, and 4. Operating your business. ============================================================ Summary ============================================================ Are you risking the loss in respect to your most valuable assets... your people...your business processes...your intellectual property? The plain truth is ultra-ultra people hate to write account...And this leads directly to Vanishing Technology. When subliminal self suffer Elimination Province, your movement leaks like a desolate ship. By applying the business contrivance techniques PSYCHE call "Profitable Venture Tactics," oneself can protect yourself from Vanishing Technology and build your business like a leak-proof hull. Documenting your business is the work of "business development." This available means you must work ON your business by what mode yours truly work IN your pursuit. Don't let Wipe Technology epitomize the insomnia of your diversified corporation! Best Regards, Mike Hayden, Principal\Diplomatist Your combine inpouring streamlining business. PS. If you're not on our P V T Roster, sign up (fr#e) at: http:\\www.SeniorManagementServices.com * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (c) 2004 Mike Hayden, All rights concise. Inner man may use object from the Profitable Venture Style eZine in whole vert access mildly, as burn to as you include complete attribution, including very much alive website links and email link.<\p>









