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It takes a lot of confidence to pull divergent career and training experiences together in a way that not only makes sense but ultimately proves to be a recipe for success. That would be Michael Beattie. Over the last 30 years, the Toronto native has sharpened his range of interests and capabilities, bringing it all together under the roof of MBM Consulting, a firm he founded in 1995. What he has created is a uniquely positioned company that combines the principles of change management, supply chain management and program management and...

In this era of digitization, everyone is looking to adopt smart strategies and faster methods to make their business grow. Some people are shifting their business online, while the others are focusing on automation to get the heaviest tasks completed in little time. However, if you aren’t ready to invest in digitization and automation you can adopt another way of saving time and money, a method which numerous startups and established organizations are following greatly, a method called as outsourcing. Outsourcing allows you to get work...

Image Source These days, launching a successful business is all about building trust and credibility, something that used to be almost impossible without a Fifth Avenue address, an infinite marketing budget and 3,000+ employees spread across six continents. These days, however, making your business look much bigger and much more established than it simply requires innovation. It requires creativity more than a budget. After all, the way people perceive your business is the reality they will cling on to. Your job is simply to make that...

There are plenty of challenges to face when you’re the boss. Taking care of a large team of workers is one of the biggest you might have. But how on earth can you manage that team if none of them work in your building? Remote workers and freelancers are notoriously difficult to lead and manage. Fortunately, the world is changing. This type of working is becoming the norm. Managers are learning to excel and encourage productive working relationships from afar. Working Environment For any employee that works from home, privacy is essential....

Image Source Everyone has their own priorities when it comes to running a business. Some will care about their customers, some will focus on impact, and most will want to push profits, but not everyone really cares about the kind of boss they are. And when you want to run a successful business, that can often be a big mistake. Even when you think that you’re full of ideas and you’re good at the business game, if you’re not a nice person, you’re not likely to go very far. Remember, people work for people. Yes, high powered people...

Not that long ago, the main way a business could succeed was through the hard work of the owner and team of employees. Now, thanks to the advent of machine learning, companies can also use computing technologies to help power and improve their business. Machine learning is a type of artificial intelligence (AI) that is based on the idea that machines can learn and adapt through experience. While past AI relied on mostly pattern recognitions, machine learning is evolving to take additional data and adapt. Let’s take a look at four ways...

Mapping your customer journey is one of the most cost-efficient ways to boost your business and turn prospective customers into loyal brand advocates. Focusing on the customer journey yields 55 percent more revenue from cross-sells and 250 percent more revenue from customer referrals, Aberdeen Group research shows. Motivated by these types of results, more companies are implementing customer mapping, with Gartner projecting that 60 percent of large companies will have in-house customer mapping capability by 2018. These numbers build a...

Starting your own business can both be exciting and frightening at the same time. It’s one thing having an idea, one that you feel very passionate about. But quite another to turn it into a business and a success. Most new businesses will fail in the first year because of some of the primary attributes of running a business. They will have either been ignored or not done in the right manner. The idea could be amazing, but if not implemented correctly, could turn into a bad one. That is why I am going to share with you some of the technical...

If you supply products to other businesses, you need to make running a business easier for your clients to do. If buying from you is too difficult, businesses can go to someone else to make things easier. So, as a supplier, keeping your clients involves being simple and pleasant to work with. You should avoid creating unnecessary problems for your clients so that they’re happy to keep working with you for as long as possible. Making an effort to do this, instead of just assuming it will happen on its own, is essential if you want...

One of the biggest issues that many businesses tend to run into is that they have a habit of acting as though the good times are going to last forever. They assume that, just because everything in their business is functioning perfectly right now, that it’s going to continue just like that for the foreseeable future. Of course, the truth is that, no matter how well you run your business, there are always going to be things that can potentially go wrong. However, that doesn’t mean that there aren’t steps you can take...