You Are Browsing ‘Leadership & Managing’ Category

A lot of people see negotiations stressful and often intimidating. They take place every day, even when two siblings fight over who gets to eat the last orange, and can easily become so aggressive and so eager to win the fight that the only option they can agree upon is that of splitting the orange in half. However, this last option doesn’t please any of them, so they leave completely unsatisfied and sad. This happens very often during negotiations, even though things shouldn’t be like that. As a matter of fact, successful negotiations...

There are many practices that set a successful business apart from others. Adopting these business practices can do a world of good to your business and help you make a mark among customers and competitors alike. These are not quick fix solutions but practical techniques and ideologies that make a successful business. Following is a list of four such big business practices that would transform your business and make you successful: #1. Enterprise Business Process Management This focuses on how people in your company do their work but...

Preparation is definitely a crucial process when it comes to negotiations. As business individuals we can’t go unprepared into a business meeting because we risk closing bad deals, or not closing at all. This article will present you 8 essential stages that you should follow if you want to become a successful negotiator. It’s very important to understand the main objective of a negotiation, and you can do this by identifying and prioritizing your necessities and goals. Then, you have to do the same for your opponent. Start by gathering...

Given the fact that blog content writing is a popular practice today, more and more people are trying to join the bandwagon. But very few among them actually know what they are getting into. By this I mean to say that do you really know what you are going to write about? Well, as far as my research goes, most of you new bloggers may be thinking of writing on multiple topics because that way, you won’t have a dearth of subjects to write on; hence, you can keep posting on a regular basis. I understand your point; you want to attract a...

Every business needs an accurate analysis of competition in order to chart its strategies for staying ahead of the. Competitor profiling is thus an essential ingredient of business intelligence which can provide relevant information regarding the strengths and weaknesses of your competitors allowing you to make a realistic comparison. This kind of competitor profiling includes key aspects that go beyond mere technology or applications to encompass broader issues such as marketing, employee motivation, financial management, customer satisfaction...

Building a website today is not nearly as hard as it was just a relatively short time ago. Many blogging platforms and other website builders have allowed people with little or no experience to build a site of their own. What many people still do not know is how to profit from a website and how you can go about building a site that makes money. One of the most important steps toward achieving a profitable website is finding a niche. This article will discuss some of the tools and things you can do to better improve your chances at success. Getting...

Running an online store is a tricky business; you cannot settle with a few techniques and expect to survive the cut throat competition. While trying to attract more potential customers, businesses overlook the importance of making online shopping a wholesome experience for their buyers. It should always be remembered that selling a product is not the same as winning a client. Only fair practices can help you earn a strong presence, wider clientele and most of all, returning customers. Some of the mistakes that can strangle your online...

Running a successful business when you are involved in sales can be tricky, especially when you are trying to appeal to customers and build long-lasting loyal relationships with them. When you are in charge of hiring employees to help make sales for your company, choosing the right individuals is a key factor in determining the level of success you are capable of experiencing. Knowing how to find great sales employees that empower your company can be done by researching applicants ahead of time and knowing what you are looking for in...

The job of the corporate finance professional is much more than just keeping books and preparing taxes. Today’s Chief Financial Officer is a board-level decision maker who helps captains of industry manage financial risks and plan strategically for the future. Since the passage into law of the Sarbanes–Oxley Act of 2002, the penalties for non-compliance with the latest financial reporting regulations have become severe. For public corporations and all small businesses with aspirations for growth the stakes have never been higher...

So you’ve come up with a plan and decided to start your own business. Now all that’s left is, well, everything! From formulating an official business plan to finding office or production space to obtaining appropriate funding, there are of course many aspects to take into consideration. Another important factor to any business startup is staffing and human resources. Startup business owners need to make intelligent decisions every step of the way. But what if you’ve never been in a management or recruitment position? This...