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Archive for the 'Management' Category

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Sunday, May 17th, 2009

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new-picture-1Running a company is just like playing golf. It needs a strategy, accuracy, and prediction of the outcome. Having a company is not as easy as selling and buying products; it requires complicated management and a perfect branding to keep the good image on the society. To get the perfect handling and outcome on every aspect, we might already divide the company management such as the marketing division, accounting division, and so on.

Although we already make a good division and supported with professional staff, challenges come and go from every aspect. To handle the problems of the Read the rest of this entry »

Effective Project Management - Five Laws that Determine Success

Tuesday, April 28th, 2009

Insanity is doing the same thing over and over again and expecting different results. So said Albert Einstein. Yet every year countless projects hit trouble for the same reasons, again and again. Why? Because the fundamental principles that determine project success are not being respected. These principles can be distilled into five laws, realities that always hold true irrespective of the nature or complexity of project. Here they are:
Law #1 Ambiguity kills Projects

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Ambiguity is the enemy of project success. Clarity is what is needed.

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Without clarity there is confusion. Confusion is not hard to find in projects. Look for ambiguities in roles and responsibilities, goals, objectives, requirements, scope, estimates, status reports and more. Each ambiguity is a potential source of conflict, rework and failure. Read the rest of this entry »

Team building is a necessary part of a successful business structure

Saturday, April 11th, 2009

Team building is a necessary part of a successful business structure. When everyone works together, far more can be accomplished than when everyone is doing their own isolated thing. Team building is something that must be actively encouraged and practiced. The use of team building exercises and activities can go a long way in increasing the effectiveness of your team. Implementing regular activities keeps teams working together and growing as a solid unit. Activities should be planned and organized in advance in order to achieve a specific purpose. Try to change them up so that there is no risk of repetitiveness or boredom.

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Case studies and problem solving games are a great way to get everyone on the same page. Having your team focus on a problem that needs to be analyzed and examined gets them all thinking along the same lines. It also encourages creative thought. People in a group can come up with several ideas and can often go outside the mindset of one person. It really is true that two heads are better than one so imagine how much more efficient an entire team will be. Running through problem solving case studies is a great way to have your team prepared for when the real issues arise. Read the rest of this entry »

Maintaining High Levels of Cleanliness in the Food Services

Friday, April 10th, 2009

A book can seldom be judged by its cover. Yet many patrons of food services, catering operations as well as hotels are often judged by their levels of cleanliness. Maintain your images and reputation - run a clean shop and operation.

The story was told of a parent who on road trips who not would not only scour restaurants, cafes and eateries off the beaten track - “where the locals eat …. None of these high priced clip joints on the highway who pay high rents and charge high prices … eat where the local eat…. They know best”. Yet the final test of this careful shopper.

Who could be called a vigilant consumer before his time … before even before books were written about and expensive hospitality and food service trade courses concerning customer service levels their creation and maintenance of to a high standard - employed one final and most exacting test before the restaurant could be carefully awarded his special seal of approval - because after all his family and wife were going to eat at this chosen establishment - was the “washroom test”. If the washroom passed the “cleanliness visual test “, then that was the final exam in the process. Now the restaurant, diner or cafĂ© passed muster and it would be a wise as well as prudent choice for a meal for the family. Read the rest of this entry »

How to Create an Effective Viral EBook Marketing Strategy

Wednesday, April 8th, 2009

cxIn today’s market, there seems to be some kind of guerilla warfare of marketing. Many approaches are taken to find that exact niche for branding their product across the internet. It is true; internet marketing is a whole other ball game when compared to traditional marketing strategies. Of all viral strategies, a viral eBook marketing strategy just might be one of the most effective ways to brand. Read the rest of this entry »

Sales Assessment Testing Helps Hire Top Sales People, Good Sales Reps

Wednesday, April 8th, 2009

Hiring good sales people is one of the hardest things that a business owner does. Not any more! So, as a business owner, how can you tell which job applicants can sell? Make them take a Sales Assessment Test, and you will know!

S.F.W. film Stuart Little 2 movie 1. Use Sales Assessment Testing to Help Avoid Common Hiring Mistakes:

A sales hiring mistake can cost an employer up to $100,000 or more. Many employers are deluged with sales resumes, but have no way of knowing who can really sell. So, they often tend to hire a sales person with whom they feel comfortable, who is like them, who looks good, or who has industry Read the rest of this entry »

Questions That Make a Difference Every Day

Tuesday, April 7th, 2009

fgffMy colleague, Andrew Thorn, taught me this fascinating daily-questions process and tried it out on me. Since then, I have been using it with my good friend, Jim Moore, (former CLO of Sun Microsystems). Both Jim and I have been amazed at how well this works.

Every day Jim asks me the same 24 questions. Every day I ask Jim the same 17 questions. A key to the success of the process is that each person writes his or her own questions. Each one of our questions can be answered by Read the rest of this entry »

4 Viral Marketing Strategies

Monday, April 6th, 2009

Viral marketing strategies are an important tool for any company looking to expand its presence both online and in the real world. Viral marketing strategies aim to spread a brand name or product in a rapid fashion using the concept of word of mouth advertising. Viral marketing is so named due to the fact that when it’s successful the content can spread rapidly much like a virus.

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One of the many effective viral marketing strategies is done through the use of articles. The idea of these in a viral marketing sense is to write an article which people will want to read. This can be done more easily than one might think. The next step is to include a resource box at the bottom of the article. Read the rest of this entry »

Time Management Basics

Friday, April 3rd, 2009

In business it is easy to become bogged down with performing tasks. Simple or complex, it does not matter. They can so rule your life and time that you do not get the things accomplished that matter and so you stagnate.

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That is why using a good time management model will help you get through the tasks and perform what is necessary. Small businesses are particularly at a disadvantage because there are few in the business who can help. But, individuals face this as well.

One of the best models for time management is based on what is called the “Eisenhower” method. It is purported that President Eisenhower used the following. It is so simple and without convolution that anyone can make use of it in business or in life. Read the rest of this entry »

Debt Management: Bad Debt Repairs

Wednesday, April 1st, 2009

Studies show an average American household has debt worth $120,000. Suppose, you make only minimum payment on the principal amount, it would take you many years to become debt free and you would also end up paying more interest. This sounds a bit discouraging but it is the reality. When you are neck-deep in debt, it is better to find a solution to clear most of your bad debts and lead a financially healthy life.

There are two types of debts - bad debts and good debts. A debt is a good debt, when you apply for a student loan to finance your higher education with the hope of getting a better job opportunity. Here the student loan is considered as an investment than a debt. Examples of a good debt are the home loan and the mortgage loan. Read the rest of this entry »