Monday, November 06, 2006

Why does Vanishing Technology happen over and over again?

Mike HaydenIn my previous blog, I introduced the idea of "Vanishing Technology."

The fact is, most of company's technology walks out the door with each employee every day because much too little of their technology is organized and written down.

So, without product documentation, without written standards, procedures, and technical processes -- without adequate documentation -- companies are faced with having to "reinvent their own wheel" when people leave for good!

Actually, many business managers don't understand the connection between product development and documentation - and how to get the most out of them.

But, you will produce better products faster and cheaper, if you understand the part that documentation plays in developing products and businesses -- and how you can integrate documentation into the process of building of your successful position in the market place.

This is not a new idea. Yet, ideas are one thing; action is another. The plain truth is most people hate to write documentation. For most people it's hard, tedious work that demands a lot of time, discipline, and rigorous attention to detail.

That's why most people delay writing any type of documentation as long as possible! Many, wait until the last minute, then give the problem to a "writer" and tiptoe silently away. (Good Luck!)

Can you afford the risk?

Are you risking the loss of your most valuable assets: your people, your business processes, and your intellectual property? Are you risking loss of your profits?

Here's what a manager told me about his own tragedy, which plagues America's companies today:
"Due to our downsizing, our most valuable assets ... our people ... our business processes ... our intellectual property ... literally walk out the door. Without those particular employees and what only THEY knew - we're *****ed!!

"Worse ...sooner or later, they will work for our competitors!" -- D.H., Manufacturing Manger
If you're the boss, it's on your shoulders! What do you do now?

How do you protect yourself from Vanishing Technology?

You can protect yourself from Vanishing Technology by applying the business development techniques I have named "Profitable Venture Tactics" (PVT). You can use PVT to enrich your business whether you're a small startup or a huge corporation.

If you are downsizing, use PVT to help retain your best people, your business processes, intellectual property, and energize your remaining staff!
"You can't shrink your way to greatness." -- Tom Peters
PVT can help you build your business to survive the hard times! (But, it is best to act before your company becomes a "sinking ship.")

If you're enduring uncontrolled growth, you can use PVT to gain balance. PVT helps you accelerate product development... You can inspire new action in project management...You can create new products for changing markets... You can change low production into high performance... You can streamline production for manufacturing problems.

PVT helps you turn dissatisfied customers and skeptical executives into loyal fans. And, Profitable Venture Tactics help you relieve the pressure and worry - so you can sleep at night.

Why Vanishing Technology happens repeatedly...
(Continued in next blog)

============================================================
EXERCISE FOR THE SERIOUS ORGANIZATION BUILDER.
Download an updated (FREE) version of the Business
Builder Outline (PDF file)

============================================================

HELP Profitable Venture Tactics help your colleagues.
This eZine relies on subscriber's participation. So, it stands to reason, the more subscribers, the more participation. You can expand the circulation by telling your colleagues about Profitable Venture Tactics.

Your business and management colleagues will thank you for being so thoughtful.
What did you learn today that you found most beneficial?
How will you apply what you have learned at work?
Please email your comments

Best Regards,

Mike Hayden, Principal/Consultant
Your partner in streamlining business.

PS. If you're not on our P V T Roster, click here PVT sign up (FREE)
PPS. Click here to sign up for the PVT Forum (FREE).


* * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
(c) 2006 Mike Hayden, All rights reserved. You may use
material from the Profitable Venture Tactics eZine in
whole or in part, as long as you include complete
attribution, including live website links and email link.
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * *