There are three levels of strategic planning: Corporate, business, and functional. Strategy may be planned at each level, but the plans for every level of an organization should align to insure maximum unity of effort. Without alignment, departments and functions will be working at cross-purposes, and the overall corporate strategy […]
Business Relations
Put Customer Relationship Management Software to Work For Your Business
Have you considered using customer relationship management software to increase your business’s sales? Often shortened to CRM, customer relationship management software is far more than just a database of contact details for your customers. By collecting and collating the right data about your customer’s shopping and spending habits, you can […]
Benefit of International Public Relations Over Single PR Agency
The world is becoming smaller day by day and can be rightly called ‘The Global Village.’ Since reaching the consumers of far distant countries has become easier, business enterprises are taking help of Public Relation companies with international networks. Even if you own a small business or you run a […]
Business Etiquette
Business etiquette is in essence about building relationships with people. In the business world, it is people that influence your success or failure. Etiquette, and in particular business etiquette, is simply a means of maximising your business potential. If you feel comfortable around someone and vice versa, better communication and […]
Ethics of Outsourcing
Many times, business organizations encounter the dilemma of ethical decision making. “If a CIO says ‘I’ve never faced an ethical issue’, they’re not living in the real world,” says Larry Ponemon, chairman and founder of the Ponemon Institute, a security and privacy research think tank based in Arizona. Though business […]
The Importance of Apology Letters in Business
If you’ve made a mistake in your business, a verbal apology is much more difficult than a written one. In a written apology, time can be taken to chose and pick words appropriate for the situation. A written apology gives time to the recipient as well to think about the […]
Divorce Doesn’t Have to Destroy Your Kids – 50 Guidelines For Divorcing and Divorced Parents
Follow these guidelines to make the transition of divorce and the process of family restructuring and rebuilding easier for you and your children. 1. If you have not done so already, call a truce with your Ex. (Note: Your Ex does not have to take the same action.) Divorced parents […]
The 80/20 Rule and How the Pareto Principle Applies to Sales
Ever think about the 80/20 Pareto principle and how it might be applied in the world of sales? Think of how 80/20 could be useful as possible new rules for sales professionals in relation to clients and products. These sales principles might affect how and where a salesperson meets with […]
Trauma Bonds – Understanding Exploitive Relationships
A trauma bond is characterized by betrayal that is so purposeful and self-serving it moves to the realm of trauma. Trauma bonds create chains of trust that link a person to someone who is exploitive, dangerous, abusive and or toxic. A person in a trauma bond feels very confused about […]
The Place of Entrepreneurship Competence in Business Success and National Development
The pivotal position occupied by entrepreneurship as a sustainable tool for rapid economic growth and development of a country cannot be over emphasized. This is evident in several available literatures written by scholars on the subject matter but a closer examination of these literatures show tilted emphasis and concentrations on […]