Tuesday, April 9, 2013
Tuesday, March 12, 2013
Wednesday, February 27, 2013
5 Critical Areas to Begin Focusing on Now
• How to develop strategies that can’t lose. Being able to evaluate opportunities and threats around the world has to be a fundamental skill and one that is exercised regularly. This is because political, economic, and social issues are different and they change. How different are they? How about new regulations that appear without notice; judicial systems that do not administer justice; economic systems that can’t support the needs of operations, workers, or goods; and social cultural systems that condone corruption.• Managing and motivating employees from different backgrounds. There is a good chance that Employee A from Country A won’t be motivated by the same things as Employee B from Country B. In part, this can be cultural, for example, pitting employee against employee may inspire the competitive spirit in Americans,but contests for individual supremacy can be culturally offensive for many others. Or, it may be regulatory. In the United States, it’s relatively simple to terminate an underperforming employee. In many countries, it will cost a fortune and even require external approvals.• Traditional decisions on the 4Ps are being turned on their head. American managers have always preferred to build innovative/different products overproducts that are the lowest cost. But, this option will often be unavailable in the newest attractive markets. Besides competing on cost, there is the challenge of getting paid without credit. How do you promote products to people who read at a basic level, or in countries where there are many official languages? How can products be delivered on time when roads are primitive and airports inadequate?• Reading financial statements. What if financial data is unreliable due to cultural inclinations, political machinations, or manual reporting systems? Gone are the days of blindly valuing what comes in black and white.• A strong moral compass. Operating within unfamiliar, unpredictable places can make it challenging to distinguish the gold mines from the land mines. Some cultures will see bribery, the concealment of data, and quality shortcuts as business as usual. Today’s leaders know that a strong moral compass is the only reliable navigator of behaviors and decisions.
Monday, January 21, 2013
For a business to grow and be profitable, business wisdom has shown that there are five key elements that will promote and sustain growth within a business.
These five key elements are frequently talked about in many businesses, but they are only implemented when people are willing to change the traditional ways and embrace the positive aspects of these five key elements for business growth.
Sunday, September 16, 2012
This last point is the most important. If you want a highly motivated team, then you must lead by setting the example. You must demonstrate enthusiasm, energy, team cooperation, honesty, integrity and commitment.
Friday, July 20, 2012
When effective teams are challenged they will work hard to meet a goal, especially if there is an incentive at the end. Incentives can build team dynamics and contribute to employee satisfaction. They can include a team lunch, a monetary bonus, coupons or the chance to participate in additional training.
Flexible work schedules can allow employees to feel more at ease as they juggle the responsibilities of work and home. When employees feel trusted to manage their time and to take responsibility for their role in a team’s progress, then a manager has created a win-win situation.
Monday, July 9, 2012
Great leaders are successful because their approach is one of servant leadership, but what does leading from behind really mean?
Empowering your workforce and then trusting them to do a good job.
Delegating responsibility to your people and not asking for daily reports.
Listening to your employees innovative ideas and implementing them.
Promoting their hard work with regular praise for them.
Accepting the blame for not making the instructions clear and precise.
Projecting a vision which your staff can easily envision for themselves.
Great leaders are only as successful as the people that they serve.
Tuesday, June 12, 2012
Monday, May 21, 2012
Monday, April 30, 2012
Every business should be
seeking reduced costs, growth improvement and increased profitability by using
the results of well defined business processes that are driven by information.
JD Edwards is an integrated applications suite of comprehensive enterprise resource planning software that combines all financial processes across your business applications into a single database which links seamlessly with your other enterprise solutions.
Monday, April 16, 2012
When the economy is moving back towards growth it is a perfect time to take a close look at your business and determine if it is ready and capable of being a part of that growth.
Is everything about your business running smoothly or do you need to make some vital changes?
Do all parts of your business interact well and are they communicating clearly and efficiently?
When there is a downturn in business many people become complacent and bad habits begin to emerge, which will only cause problems when your business is running up to speed again. Now is the time to identify and eliminate those bad habits.
Have an overall review of your employees, do they look like a professional team of people who are ready for success? For any business to grow it has to be ready to grow and so do its people.
But don't just sit there thinking that your business will grow along with the economy. Business leaders should now think about how they will win the race to business success and insist on having a lean mean business machine that is capable of taking them there.
Thursday, March 29, 2012
Determine what is working well in the business and repeat it.
Determine what is not working well and immediately eliminate it.
Instill a mentality into the workforce of new ideas and innovation.
Watch closely what the competition is doing and copy their successful initiatives.
Ask your customers to sample many more of your best selling products and services.
Collectively these five rules will move your business to a new level, one that is progressive and full of growth potential, all of which will substantially increase your business success.
Monday, March 12, 2012
As any business leader knows they have to ensure the highest levels of security for their Internet and IT infrastructure because it is vital to their business’s reputation and success.
The network security of any business is crucial in the increasingly risky business environment in which we now live, infrastructure monitoring and network visibility are critical to managing any security threats.
If your business’s existing solution doesn’t deliver the right results and your system is inflexible with inadequate management services, which only provide late incident notifications or even worse don’t capture the information on complicated risk events, it would be worth your time to review this network security business case
It provides an insight into how one retailer, that was seeking an IT network security platform that it and its customers could rely on, managed to find a perfect solution.
A solution that enabled them to enhance the privacy and security of their credit card transactions, avoided downtime due to fast incident notification and allowed them to renew their focus on core business issues and strategic planning.