In 1989, Sony founded its Institute of Wisdom at the request of its founder Masaharu Ibuka and former chairman Akio Morita.What the Institute did was something only whispered for a time. Sony had been reluctant to disclose their research, but apparently due to the nerve gas attack by the Japanese... Read More
One of the most powerful driving forces in human nature is competition. The desire to overcome something or some company, the need to win, the cause, can in many cases be more important than the day-to-day work of the company.If your company and your people are to ever reach some... Read More
People often ask "What makes a good business plan? Or, "How do I make my plan attractive to lenders and investors?".The simple answer is that lenders and investors (I'll call them "readers" from here on out) are looking for "good deals". A "good deal" is one that offers the reader... Read More
In Ohio: besides the 3-Cs you should look at Akron, Dayton, Canton, Toledo, Youngstown and their suburbs. We have been serious studying these areas quite intensely for quite a while, here is what we found; Dayton OH, is looking up after the recent GM Plant received high ratings for productivity... Read More
Is there really anything as a problem? Does chaos or challenge mean you have a problem? I am under the belief that such things as other call problems are indeed the life-blood of opportunity and the louder it knocks the greater the gain. Embrace chaos. In my many years in... Read More
If you are a successful franchise of a large franchise brand or chain, chances are you will wish to expand. The most important thing to do is make sure you are on the most positive terms with your franchisor. You should tell your franchisor at the earliest point of your... Read More
You have invested a lot of time and energy on writing a business plan just to get a loan or to attract an investor. What do you do when you get the money or, worse, should you be turned down?Do you just file it away? That's like investing in a... Read More
"Bozo" ? A clown with a forlorn look, always finding negative implications in every activity or event. A person who tries to find a way to prevent you from moving ahead, giving excuses such as "we've always done it this way, or this is not our culture" when presented a... Read More
Franchised companies often require what some believe to be excessive insurance requirements. This is because so often if a franchise is sued for any reason that the Lawyers go after the big money of the franchisors and name them in the lawsuit. It is amazing that a lawyer can write... Read More
Many companies are reluctant to dive into outsourcing ocean because of various reasons of strategic nature. As far as strategic goals are touched upon, managers are concerned with the following issues:- Risks and dangers of transferring too much managerial power to one partner. Companies fear to be too dependent... Read More
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It is always said "If you Fail to Plan, you... Read More
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I read once that something like 30 percent of all... Read More
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Q: A key investor in my business has suggested that... Read More
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Why cut costs now? Efforts are multiplying to cut costs... Read More
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Canada's lean leaders need to look beyond the horizon and... Read More
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Microsoft Business Solutions Great Plains serves mid-size and large clients... Read More
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"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
Every business experiences slower periods. For some, they sell more... Read More
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Franchised companies often require what some believe to be excessive... Read More
"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
The time when a website was just a simple set... Read More
This will make some people angry as hell, but it's... Read More
Richard L. Daft one of the country's recognized academic leadership... Read More
In Ohio: besides the 3-Cs you should look at Akron,... Read More
Want to become more strategic? Add these traits to your... Read More
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Diversify - to make diverse, give variety, to balance, to... Read More
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I love the excitement of starting up a new home... Read More
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I. INTRODUCTIONThe term resilience, which is of frequent use in... Read More
A strategic alliance is when two or more businesses join... Read More
I'm not talking about posting the HBO schedule on your... Read More
"Begin with the end in mind," says Stephen Covey in... Read More
Many movies have been made about the tragic story of... Read More
For many consumers and producers, MSP is an acronym for... Read More
Fun From The StartFor those with the will to start... Read More
Writing a business plan is no easy task, sure you... Read More
All investors greatly desire and are motivated by a clear... Read More
Ask a small business owner about their strategic plan and... Read More
As a franchisor it is imperative that you seek, find... Read More
Strategic Planning |