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Casual Articles - Profits are a Reward, Not a Purpose
Want to know about a strange and bizarre (yet highly effective) way to tack on another 5, 10, 15% or more to the response of your marketing promotions?Then listen to this:One of the best "marketing" stories I ever heard was the furniture dealer who had a "scratch and dent" sale where he was selling furniture that had been damaged by water at a huge discount.Turns out he made so much money with this sale that he ended up poking holes in the warehouse so the inventory would get wet an
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign is
At one time or another, all of us have experienced the frustration of waiting in a doctor’s office. It seems as though every time we go to see the doctor or the dentist we end up having to wait for a ridiculous amount of time, and then when we finally do get in, we are only “treated” for a few minutes and then sent on our way. I have always wondered why that is the case. If the doctor is only seeing each patient for a fraction of the time that the patient had to wait, then what are they doing behind the
These are all questions of purpose. They deal with the deeper motivations and assumptions underlying and intertwined with your visions, values, goals, and improvement intensity. Purpose is the third component of Focus and Context (the first two are vision and values). It could easily be the first. But arguing whether the picture of your preferred future, principles, or purpose comes first is about as productive as arguing whether air, water, or food is most important to life. They're all vital.
Purpose is also called mission, meaning, reason for being, calling, life theme, niche, strategic intent, value-add, business definition, and the like. As with vision and values, what labels you use don't matter. As long as you, your team, and your organization have clear answers to the above questions, use whatever terms make sense. Just be sure the label you use is clear to everybody and is used consistently.
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign isn
If one were to reduce business to the simplest terms, one would probably call it the selling of goods by one person, and the buying of those same goods by another. Thus, whether we pay cash or run up a tab while doing business, money has to change hands during the course of a business transaction.Accounts receivables is one such type of a business transaction. It refers to the way of dealing with amounts of money that are owed to a business by its customer. On the balance sheet of a company, acco
These are all questions of purpose. They deal with the deeper motivations and assumptions underlying and intertwined with your visions, values, goals, and improvement intensity. Purpose is the third component of Focus and Context (the first two are vision and values). It could easily be the first. But arguing whether the picture of your preferred future, principles, or purpose comes first is about as productive as arguing whether air, water, or food is most important to life. They're all vital.
Purpose is also called mission, meaning, reason for being, calling, life theme, niche, strategic intent, value-add, business definition, and the like. As with vision and values, what labels you use don't matter. As long as you, your team, and your organization have clear answers to the above questions, use whatever terms make sense. Just be sure the label you use is clear to everybody and is used consistently.
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign is
Automation is essential for expanding and accelerating service in many industries. But when individual care or attention is required, customers need contact with real people. When human energy flows and connects, good things (can) get done.Try this experiment:Call the main number of four companies and state, ‘I am calling with a question about your product’. Then ask a few basic questions and rate the quality of service you receive.Now call four different companies and ask for help
Purpose is also called mission, meaning, reason for being, calling, life theme, niche, strategic intent, value-add, business definition, and the like. As with vision and values, what labels you use don't matter. As long as you, your team, and your organization have clear answers to the above questions, use whatever terms make sense. Just be sure the label you use is clear to everybody and is used consistently.
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign is
If you're anything like me, you've submitted your resume to numerous potential employers and got no response's?Even if you got that first interview did it win you that dream role?The following tips will help you with your attitude to produce a winning resume / curriculum vitae.Remember your Resume has just seconds to get their attention!Make a good first impression with a great looking layout, use a template from a template company, you can find some free-one's online.
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign is
Everybody thinks that the businesses will slow down a bit in holiday seasons. Ofcourse everybody thinks that people don't want to start new ventures in holidays too.But that is not true. People do spend money... a lot in holidays. On gift items, special discount goods, coupons etc.The only thing is to know how to do business in the holiday season using this attitude.Here are 10 tips to maintain or maximize your sales in Holidays:1. Put a paragraph on your webpage that relat
The Profit Paradox
If the reason for your company's existence is profit, you won't be very profitable. Eventually your company probably won't even exist. The dollar sign isn't a cause. It doesn't stir the soul. Operating margins and return on investment don't excite and inspire. As an ultimate objective on its own, the pursuit of profits is hollow and unsatisfying. Such naked greed is one dimensional. It comes from, and leads to, the naked selfishness of "what's in it for me". Profit seekers are out to serve only themselves. In the Intelligent Enterprise, James Brian Quinn writes, "an overemphasis on profits rather than on those things that achieve profits, with rare exception forces an internal and short-term orientation that is actively destructive to service delivery".
Few people today want to buy from, work for, or partner with a company that's only out for itself. That's like taking a set of elaborate architectural drawings for a huge, luxurious dream home into your team or organization and saying, "if you all work real hard, someday this will be mine". About ten years ago I came across a mixed up manufacturer that had produced a slick little logo and published this mission statement - "In Pursuit of Profits". I haven't heard of that company for a few years now. I don't think they're in business any mo
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