Casual Articles - Business

The 4 Business Plan Threats
There are four critical areas causing business plans to change. All are changing trends in the business environment. The four areas we will examine are: 1) government trends, 2) economic trends. 3) technological trends and 4) cultural trends. Each one causes a specific impact on our decisions and requires us to make adjustments. Some changes are dramatic and require dramatic reactions to minimize their effect on our business.First are government trends. There are several different sources caused by changes in regulations, tax policies and new legal precedence. Most of these are not a direct result of what we are doing in our business, but are the result of political and social shifts. On the legal side, chan

s an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal

A New First Line of Defense
The mugger grabbed the woman’s purse, pushed her against her car, and ran away… straight into a golf cart driven by campus police. The mugger was caught, placed in handcuffs, and held until county sheriff’s deputies arrived to take the miscreant away. The woman got her purse back. Then, turning to the security camera covering the action in the parking lot, Campus Police Sergeant Jack Emmett gave a thumbs-up to Campus Police Chief Sam Acres… and unhandcuffed Campus Police Officer Gregory Layne. The test was a success.Fraleigh College isn’t the only gathering-place installing security cameras in order to make people safer. The Northside Church of Clement has also put the cameras up in its parking lots, monitored

Management By Objective (MBO)

A Time Tested Management Method Classic That Works – With the Right People

Management by Objective (MBO) is the basic “blocking and tackling” of management. It is simple, effective and can be used to some degree with most people who have some capability for forethought. Unfortunately this is not everyone. Here is a simple step-by-step description of how to use this powerful classic management method, which should be in every manager’s repertoire. It doesn’t always work for everyone; as the book Good to Great says, “you have to have the right people on the bus,” as no one can manage incompetent people to do a great job. However, if you have good people, then MBO is an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal

Company Research: Interviewing Success Strategies
Employers can tell which job candidates have done company research and which ones have not. Candidates who can offer information about the organization's mission statement, growth expectations and/or major competitors are the ones who will be most likely to find themselves receiving job offers.Find out as much as you can about the company. At the very least, check out their web presence. The more you know about the company, the better prepared you will be and the more likely you will be to succeed during the interview. You are certain to be more confident and prospective employers will take notice.Here are two good reasons to perform company research: One reason to find out more about the prospective emp

kling” of management. It is simple, effective and can be used to some degree with most people who have some capability for forethought. Unfortunately this is not everyone. Here is a simple step-by-step description of how to use this powerful classic management method, which should be in every manager’s repertoire. It doesn’t always work for everyone; as the book Good to Great says, “you have to have the right people on the bus,” as no one can manage incompetent people to do a great job. However, if you have good people, then MBO is an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal

Unemployment Blues: Loss of Power, Loss of Meaning
General Motors just announced a plan to close plants throughout the country and to lay off 30,000 workers. Alcoa is going to lay off most of their workforce, and probably close its plant in Maryland. GM blames the high cost of union wages and the expense of health and retirement benefits; Alcoa cites the cost of electricity and intends to offshore its new plants where energy costs are lower.Heartened by corporate decisions to improve their bottom line, the stock market responded with an increase in share prices. Big business just loves lay-offs and the increased profitability they promise.And the business of America is, make no mistake about it, business. And the rest of the world seems to be heading in that

s a simple step-by-step description of how to use this powerful classic management method, which should be in every manager’s repertoire. It doesn’t always work for everyone; as the book Good to Great says, “you have to have the right people on the bus,” as no one can manage incompetent people to do a great job. However, if you have good people, then MBO is an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal

Eight Deadly Sins of Mergers and Acquisitions
Global mergers and acquisitions advisers, especially, the investment bankers are doing extremely well consummating trillions of dollars in deals as a result of cheap debts, ambitious company executives and desire for expansion (Financial Times [FT], 12/21/2006). Deals announced in 2006 have outpaced those consummated in 2000 by over 16% totaling $3,900 billion. According to statistics from Dealogic and reported by the FT, the top ten investment bankers including Goldman Sachs, Citigroup, JPMorgan, etc. have been working on deals worth $7,341 billion in 2006. The news media provide extensive coverage of these deals. It is common knowledge that once these M&As have been consummated, the bankers and corporate executives reali

the book Good to Great says, “you have to have the right people on the bus,” as no one can manage incompetent people to do a great job. However, if you have good people, then MBO is an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal

Survival Without Computers
I was slowed down when my computer crashed and I had no data, no address book and not even my passwords to get back online. I didn’t think I was doing anything remarkable by bouncing back to productivity even with this handicap for a week. But from the feedback I’ve had from more than a few people, it seems paralysis would have been the acceptable common option.Yes, I got slowed down, but nothing critical was lost and no appointments missed. Why? Internal reserves, resources and drive. How do you survive in business today without your computer (or maybe it’s when your cell phone drops in the lake or your Ipod gets lost)?There were three parts to my personal survival. They are:A. Resourcefulness -- When

s an indispensable tool. MBO should have a consistent structure and format that people understand and expect for best results in pretty much any group over five people.

Goal setting on paper is magic. Some people claim, and I cannot dispute, that writing goals down once and then just sticking the paper away hidden for a while will greatly increase the chances of these goals ever being achieved. My experience tells me this is absolutely true. I do believe there is a human psychology at work here that opens up the brain to perform and ask powerful questions that help us achieve more by tapping into our deeper brain and subconscious capabilities. Effectively we send the subconscious mind on a mission to find answers and we will get back intuition, ideas and other results we are sometimes not even aware of. Sometimes I get amazing answers in a dream, like Watson and Crick did in

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Business has never been better. Word of mouth finally seems to be spreading, every seat in the restaurant is full, you've even hired extra staff. So, what now?

Logistics is a method of managing scarce resources. The need for logistics was initially felt during World War I and II. At that time, it only involved maintaining a constant supply of men and material during battles. Logistics has developed into a completely different branch of management and a lot of research has already been carried out on the subject.

You may be aware of them, you may not be. In any case, chances are high that even if you are aware of them, you probably don't realize the negative impact they are having on your business. What are they? Things you are tolerating in your work environment.

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