Operations
Paradox of Product Persistence
Paradox: On one hand, to keep a business healthy you have to be able to cut mediocre products. On the other hand, some successful products require sticking to them for a long time, stubbornly, to…
The Do’s and Don’ts of Manufacturing Overseas
Outsourcing manufacturing is not simply a matter of profitability, but is also a matter of survival! If your firm is not able to cut costs to make up for economies of scale, you will not…
Eye of the Needle? Why to Worry Over Your Bottlenecks
Think for a minute whether there is any process or person that could be classed as the eye of the needle in your organization. Is there anything, process or person, that stalls the flow of work…
How Can Small Businesses Deal with Big Data?
The term ‘big data’ may sound intimidating, particularly to small businesses. Still, big data can give small businesses powerful leverage over larger companies. In today’s modern world, businesses have access to a large amount of…
Is Remote Working Taking Over?
Remote workers across the world are turning the traditional 9-5 working day into a thing of the past. Businesses and employees alike are opting for working remotely, and with it being proven to have a…
How to Avoid “Death by Meeting”
Imagine yourself with a calendar requiring you to be in six meetings in a day. Day after day. How long would it take to induce you to rethink your use of time—and that of the…
Solve These 4 Common Management Challenges
Every business faces specific management problems. Each business requires new product and service offerings as well as constant innovation. More so, while the number of qualified candidates has shrunk; staffing expectations have become more demanding…
6 Baby Steps You Can Take to Grow Your Business
Growing a business isn’t for the faint of heart. It comes with a lot of challenges, dedication and pain. Having a stellar product or service alone isn’t enough to turn your idea into a successful,…
Balancing Compliance with Business Growth
Government and industry regulations are changing the way entrepreneurs do business and this has an important impact on strategic and operational drivers. In today’s environment, the ability to stay profitable while quickly adapting to satisfy…
5 Tips on Work-Life Balance for “Homepreneurs”
As a home-based entrepreneur you must be familiar with the envious musing of your friends, “You’re so lucky to be working from home! I wish I could too!” If only they knew. Balancing domestic responsibilities…
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