At what price should product X be sold? Should I hire this candidate over the others? When’s the best time to launch the new line? Should this branch be closed permanently? Which supplier offers the best deal? Decisions are at the heart of every business. They can be tactical, strategic or operational—backed by data, […]
Numbers tell a story. A business will turn to the numbers and gauge its performance vis-à-vis others in the field. Numbers can tell a story of success, when profits are on the rise and customers are happy. Or it can tell a story of wasted campaigns and unrequited marketing efforts. At times numbers can be […]
The road to hell is paved with good intentions. You might be searching for your “Dream Team” only to end up with a hiring nightmare. This is what happens when you come into the hiring process with the wrong assumptions and outdated traditions. For example, should your employees all come from Harvard or any of […]
“Business strategy is the battle plan for a better future.” That’s from Patrick Dixon—a management guru and one of the most influential business thinkers of the last decade. Everybody talks about strategy, and there are many ways to define it. But here, we’ll define it very simply and very broadly—as a set of moves that […]
Would you go on a ship that has a 90% chance of sinking? Thought so. And yet every day, a visionary, emboldened by an idea, joins the ranks of countless other start-ups, in the quest of still existing after one year. It’s almost canon to say that start-ups almost always fail. But then, there is […]
Remote work is the future. No scratch that remote is now. Just recently, there was a news feature about American workers crossing the border into Mexico—holding court there while working remotely for American companies. Remote work isn’t for the beach-hoppin’-kombucha-poppin’ digital nomads anymore. It’s a permanent fixture of how humans collaborate and produce value. The […]
According to USA Today, McDonald’s sells 75 burgers every second. That’s around 6.48 million every day. Or 2.36 billion burgers a year. And you know, whichever location you bag that burger, you’re going to get that same familiar taste that’s distinctly McDonald’s. The food chain may not be the best burgers in town, but they […]
What if there’s a system, a style, or an approach that helps your business do these things? Increase productivity Maximize efficiencies Increase customer satisfaction Increase employee loyalty Drastically reduce costs Significantly lower wastes Up your ability to solve problems in the future Would you be interested? I’m talking about Kaizen. Giants of industry the likes […]
You never thought it would happen. Things started so well. You had this firecracker of an idea. So you launched a start-up that soon began wracking-up clients left and right. Months rolled and sales also kept rolling in. It was all looking up. Then suddenly, without warning, sales flatlined. Customer acquisition slowed down to a […]
Cash is king. It’s the lifeblood of any venture, and as an entrepreneur, you need funds to start, operate, and expand a business. And if investors are not falling over themselves offering you money, chances are you’re going to have to ask for it. You’re going to have to persuade investors to part with their […]