Tag: organizational debt

Steps To Minimize And Prevent Your Conference Organizational Debt

To be successful in the 21st Century, we have to become comfortable with ambiguity and contradiction. We must learn to reframe our questions and rise above conventional mental models. We have to embrace experimentation and try new things. We have to adopt strategies that encourage us to abandon ingrained, comfortable ideas and employ new ones … [Read more…]

You’re Paying Too Much Interest On Your Conference Organizational Debt

Most organizations pay for it without knowing it. What is it? Conference organizational debt. Your conference organizational debt includes the static roles, traditional structures, outdated models, long-established practices, antiquated procedures and legacy policies that prevent your organization from adapting to evolving markets, technology and society. Your conference pays the interest on this debt in the … [Read more…]

Refactor Your Conference Archaic Planning Routines

Conference organizers and their planning teams should understand, identify and quash organizational debt. Once they pinpoint and distinguish it, they need to refactor it. “Refactor it?” you say. “What does refactor mean?” Refactor is a technology concept that meeting professionals can use as a metaphor. Software programmers refactor their code once they develop a better … [Read more…]

The Conference Debt You Cannot Afford

There is one debt every conference organizer must face and vanquish. It can cripple a conference. It doesn’t show up on your profit and loss statement. What is this debt? Organizational debt—the interest your conference pays when its structures, policies, procedures, practices, committees and leadership roles stay fixed and accumulate even as the world around … [Read more…]