We have often seen that there goes lot of thought and evaluation before buying a product. Many a time, even we have been involved in this process. On the other hand, there are situations when we didn’t (consciously) go through this process, and still bought a product. Scientists and researchers offer rock solid explanation for […]
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Many businesses thrive on single product. These businesses are often called single product organizations. This is particularly truer for small businesses. Large businesses can’t afford to be single product organization. Threats are too many and single product strength quickly gets translated into weakness.
Ditto for small businesses. If a small business owner is trying to survive […]
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Experts are predicting a labor shortage due in large part to aging of baby boomers and fewer young people entering the workforce. According to the Bureau Labor Statistics, by 2014, 21% of the workforce will be 55 or older, compared with 16% in 2005. Many believe that as the gap continues to widen, more and […]
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Paid-time off banks (PTOs) are becoming popular with many companies these days. What are PTOs? They are “banks” of time off for an employee, which combines vacation days, sick leave, personal days, and, in some cases, holidays, all into one lump of time that employees can use for any reason.
Many companies favor PTO banks because […]
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Confusing title and words? Seems straight from leading business school MBA classes? You may be right, and wrong too. Goals are understandable, but are vision and mission really important for small business? I must say yes to this question counting my own MBA and a long & successful career in consulting. I have known many […]
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A businessman is a person who keeps himself ‘busy’ towards accomplishing set goals (if any goals are set!). What it is that makes a person successful businessman? Putting it more directly, what does it take to be a successful businessman?
I have known and heard one thing for sure about successful businessmen – they were great […]
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