Rapid economic and technological change, declining productivity growth and increasing competitive pressures, global inter-dependence, and the blurring of boundaries between distinct organizational entities, all facilitate collaboration. Collaboration is a response to turbulence that individual organizations are unable to manage because of a lack of resources or an inability to control […]
Business
What Exactly is A blog? In the past several years, blogs have gone from the geek underground to a main attraction for media, marketers and businesses. Talking heads babble on the TV about “what the bloggers are saying” and companies are flummoxed on how they can leverage blogs to promote […]
Failure is a wonderful teacher. The new-economy revolution had many of the trappings of a genuine economic revolt: vast fortune forged in a fortnight, dashing young heroes and heroines, rotten institutions brought to their knees. It held such great promise, yet today even the dreams feel thoroughly eviscerated. What to […]
Never in history has business played such a central role and been such a globally competitive endeavor. It’s very likely that what we are experiencing today is an easier time for business with what is projected to occur in future. Staying competitive isn’t just about hiring and developing the very […]
Words are the essential tools of communication. But they are so much more. They convey information, they express emotion, they influence, persuade, motivate. They do all the things that a successful business wants to do – if they are used well. Or, if they are used badly, they undermine a […]
Over the years, we’ve made strategy far more complicated than necessary. Smart people with advanced degrees and high salaries generate elaborate documents containing complex analysis, algorithms, heuristics, scenarios and projections which seldom yield competitive advantage. More than 50% of the 2010 Fortune 500 companies – each with elegant strategic plans […]
In turbulent and uncertain times, it is tempting for companies to wonder whether if they do actually require a strategy. They do. By way of proof, imagine that you find yourself in the middle of a dark and hostile jungle. If you want to get out of the jungle, do […]
THE OWNER VERSUS EMPLOYEE MINDSET Some people just want to be employees. In the early stages of a company, you want everyone on the team – from your front-line employees to your partners who own equity with you – to go above and beyond toward making the company successful. You […]
DOWNSIZING WITH DIGNITY Make no mistake. Downsizing is extremely difficult. It taxes all of the management’s resources, including both business acumen and humanity. No one looks forward to downsizing. Perhaps this is why so many otherwise first-rate executives downsize so poorly. They ignore all the signs pointing to a layoff […]
WHY RANDOM SAMPLING IS IDYLLIC FOR INTRODUCING NEW PRODUCTS New startups in business abhor competition; a stiff one at that! It gives the entrepreneur goose pimples and since he is unsure of the next move to make when faced with daunting challenges about sales prospects for the new product. He […]
