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851. What Is Business Sense? By Eric Okeke
     What is the principal thing you need to succeed in your business today? Money. Sure, you need it, but it is not the main ingredient for success. People. Of course they are necessary, but having them may not guarantee success. Excellent products or services. Well, this is a must to succeed. But you may have them and still not succeed. Promotions, visibility, marketing. These factors lubricate your business activities for success. So what is the principal thing?Take this from the book of Prover…



852. Comparing Costs: E-Learning Vs Traditional By Michele Webb
     It is important for managers and organizations to consider a number of different factors when determing the best training delivery approach for their staff or organization. Factors include: efficiency, timeliness, consistency and appropriateness of the delivery method. The key factor for most organizations, however, is program cost. Program cost may be comprised of a number of related sub-factors, too, which may include: development costs, instructor time, materials, travel, and opportuni…



853. IF YOU WANT TO BE A BETTER LEADER - OIL YOURSELF
     IF YOU WANT TO BE A BETTER LEADER - OIL YOURSELFMaybe this happened to you before…if you don't add oil to your car or your lawn mower, you are soon going to soon have problems. Why? Because oil is the magic ingredient that reduces friction. In the workplace, there can be tons of friction. As the leader, part of your job is to reduce that friction and keep all the units working together smoothly. One way to day that is through developing a higher level of trust between yourself and those who repo…



854. How To Conduct Effective Meetings By Susan Cullen
     Before you call your next meeting, the FIRST step is to decide if it is really essential. To determine that, ask yourself the following:· Is this meeting essential? · Can we do without it? · Can we accomplish the task without a meeting? · Can it wait another week? · Can we get things done with few meetings?Then, if you have decided a meeting is the best way to accomplish your objective, the following tips can help you conduct more effective meetings:1. Start and end meetings on time. Make s…



855. Why Businesses Need to Start Nurturing Collective Wisdom By Marcus Goncalves
     COLLECTIVE WISDOM CAN BE AN effective tool for solving the problem of knowledge deficit, or the underutilization of organizational knowledge. If you are a small, medium or large business, and you don’t have a method in place for harnessing and managing your organization’s collective knowledge, you may be losing opportunities for significant revenue enhancement. According to a study by the Delphi Group, less than 20 percent of knowledge available to an enterprise is actually used. Furthermore,…



856. Eight Ways to Motivate Part Time Employees By Ed Sykes
     In most cases, part-time employees present a special challenge when it comes to motivation. They do the "grunt" work, have little career choices, are often focused on other goals outside of your organization (college, hobbies, etc.), and are treated as outsiders by full-time employees. So what’s a manager to do? How do we turn our part-time employees into outstanding employees?The following are eight proven techniques to motivate your part-time employees:1. Orient them properly.Take time to…



857. Energy Saving LED RFID Tag Readers Running on Vibrational Energy By Lance Winslow
     Can we build the newest robotic warehouses for the Gillette, Wal-Mart and the Department of Defense to be ultra energy efficient? Can we turn off all the lights and save on the energy? Can we turn off all the peripherals and save that energy too? If there is a natural disaster and the power goes off can the warehouse run on minimal back-up energy and do so for weeks?As we saw with Hurricane Katrina and Rita the power went out, but delivery of goods to Wal-Mart went on. What if the warehouses w…



858. "How's Your Team Building Spirit?"
     A hidden element of effective Teambuilding, and seldom discussed, is the mood, or the environment, that exists within the team. A positive and productive atmosphere doesn't just happen, it requires conscious work. The following quiz will help you understand and improve the Team Building atmosphere that exists within your organization. Instructions: Answer the following questions of the Team Building quiz without looking at the answers. After you've totaled your scores, you will have a better i…



859. Problem Solving By Andrew E. Schwartz
     When problem solving, you may recognize that you were working on a symptom instead of the problem. An analysis of the more clearly defined problem may require an alteration to the objectives or the ideal solution. These reviews and changes are costly in terms of time and effort which emphasizes the need for rigid scrutiny during the initial problem definition to avoid wasted time and effort. Once implementation begins, it is even more difficult to learn that the entire action plan and subseque…



860. Present your statistics in context for more impact
     “I didn’t have 3000 pairs of shoes. I had only 1600 pairs.”—Imelda MarcosEverything’s relative. A million dollars sounds like a lot of money to someone who makes an average salary, but it’s a drop in the bucket to a Warren Buffett or a Bill Gates. Running a hundred metres in a few seconds seems like a miracle to ordinary mortals, but a track and field athlete will work hard to shave even more off that time.Yet presenters often quote statistics without benchmarks, so the audience doesn’t know how…



861. Communicating with Offsite Workers By Robert Abbott
     How do you, or would you, communicate with employees who work offsite?Perhaps you have telecommuters reporting to you, or sales reps who work out of offices in other cities. How do you communicate with them?Let's start with the strategic issues: what do you want to accomplish by communicating with them? And, why would they want to communicate with you?Strategic means you'll probably want to deal with issues like productivity, accountability, and predictability. You want to know what the offsit…



862. 5 Questions Great Managers Ask (and They Aren't Hard!) By Martin Haworth
     However hard we try, we seem to make life more difficult for ourselves; more challenging; more complex. Yet it needn't be so. try out these five questions with a regularity; a discipline and you will reap rewards. You will certainly reap rewards. What do my customers want? Getting inside the head of your customers is a recipe for success. Taking the role on of one of your customers or clients and seeing from their perspective helps structure a sound and growing business. Better still, ask …



863. What Cross-cultural Training Can Do for You By Brenda Townsend Hall
     International business is more complex than ever before. Success in every sector is now seen in global terms. Yet success in working with colleagues from different cultures is no easy goal. In order to connect, we have to communicate effectively and we can only do this in an atmosphere of mutual respect, understanding and trust. Cross-cultural training helps you understand the underlying cultural values that drive behaviour—you first understand your own cultural background and then other peopl…



864. Still More Problem-Solving Success Tips By Jeanne Sawyer
     he ability to solve complicated problems quickly is more important than ever in today’s tough economy. Here's another set of tips and reminders to help you solve messy problems quickly and easily.** Identify and fix the right root causes.Complicated problems have multiple root causes, probably more than you can fix in a reasonable amount of time. Don’t waste time or money on causes that are either insignificant in impact or only peripheral causes of the problem you’re trying to fix.** Choose s…



865. Building A Practice On Purpose Series Part #3: The Power of Vision By Brad Swift
     In our last 2 installments of this series, we explored the foundation of building a practice on purpose -- knowing with crystal clarity your true purpose.Let's assume that you've done the work to clarify your purpose. How do you connect your purpose to your practice? By creating a vision statement for your practice that incorporates your life purpose.This is often an expansion process -- expanding your life purpose to encompass more than just your own life. Remember, from the Life On Purpose P…



866. 14 Ways to De-Stress Employee Vacations By Dale Collie
     Employees truly deserve paid vacations. Theystruggle through stressful jobs most of the year,and productivity goes down if they don't get abreak. From a corporate perspective, investment ingood vacation programs reduces workplace stressabsenteeism, health care costs, and accidents.Many employees, however, come back from vacationwith the half-joking remark about having to returnto work to rest up. Far too many people findvacations just as stressful as the jobs they doevery day.Following are …



867. Change Behaviors, Change Performance By Stuart Avery
     Every organization is looking for the holy grail of performance enhancement, that one thing that, if it were changed even slightly, would push the productivity of a company way beyond the current level.Over the years there have been many solutions offered to the performance conundrum, from process improvement and process re-engineering to rightsizing and quality initiatives. All of which have had varying levels of success.One area that is perhaps overlooked when organizations undertake product…



868. 3 Simple Things the Best Managers Do - And You Can Too! By Martin Haworth
     If it's so simple, why don't managers all over the globe get this right, every time? Well, because it's so simple, it seems too easy, so busy managers squeeze a lot more in, time after time. And that makes things much more complex - just the way a manager should be. NOT. Keep it simple, deliver quality and you will not go far wrong.Here are the three things...They Value their People So what do the best managers do? They are very interested in what they hear their people say and respond…



869. 7 Myths That Make Meetings Miserable
     Myth 1: Executives belong in meetings.Although the demands of business cause executives to attend more meetings than other professionals, executives need to avoid meetings. Top management is responsible for vision, strategy, plans, and communication. That means executives should spend most of their time thinking, learning, planning, and communicating. Inefficient, ineffective meetings waste the time of the company's most valuable employees.Better: Ask probing questions when invited to make sure …



870. Show Me the Money! By Skip Shuda
     Are you ready to raise money for your startup?Leslie Mitts, Managing Practice Leader at the Wharton SBDC and Lead Advisor for the Wharton Venture Initiation Program, tells us that most entrepreneurs coming through her programs are focused on raising capital, even though there are higher priorities in many of their businesses. Since fresh dollars help drive the business engine, this is a natural entrepreneurial concern.But are you ready to raise money?Going to investors before you are really re…



871. Process and Procedures Investments - How to Get Money Back By Chris Anderson
     In September 2004, President Bush signed the $146 billion tax cut bill restoring the recently expired business Research & Experimentation Tax Credit. The 18-month renewal of the research and experimentation tax credit, which expired June 30 2004, was the most expensive item with an expected $7.6 billion cost through 2014.Process Improvement QualifiesIf you are spending money on ISO 9000, six-sigma, lean manufacturing, TQM, or any other initiative focused on improving your products or processes…



872. Stop Waste, Fraud and Abuse By Chris Anderson
     Each year, businesses write-off six percent of revenue to waste, fraud and abuse. But why would managers throw all that hard-earned money away when there is a reliable way to eliminate waste, fraud and abuse using accounting policies & procedures to create internal controls.Internal controls eliminate uncollectible receivables; prevent theft or embezzlement; optimize inventory; and stop waste, fraud, and abuse. Utilizing just a single control will add real money to your bottom line each mont…



873. Will a Workplace Bully Bankrupt Your Company? By Dina Beach Lynch, Esq.
     Safeguard Your Company Against Harrassment ClaimsTwenty-five percent of employees suffer with peer to peer bullying and its on the rise, according to the National Institute of Safety and Health. Dina Beach Lynch, a 12 year workplace strategist and mediator, has the answer: Conflict Coaching. A short-term, results-oriented tool, conflict coaching enables employers to quickly, skillfully manage bullying before it escalates into complaints and harrassment charges.Workplace bullies act out becaus…



874. The Seven C's: Partnership Danger Signs - Conflict Becoming the Norm – Part 2 By Dorene Lehavi
     A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.Conflict Becoming the Norm – Part 2In a previous article, I wrote about how unresolved conflict can create havoc in your business and can often end in a failed partnership. Today, I share with you a story about a pair of clients I recently worked with.Sue and Vicki were partners in a service organization that thrived on new membership and putting on events. Sue and Vicki had been coaching with…



875. A Better Way To Work - Workplace Democracy By Rahul Dewan
     Recently, during a discussion with Suman, a co-worker in the car while stuck in a traffic jam on the way to a client meeting in Gurgaon, I shared the vision of transforming Srijan into a company in which all its members collectively manage the growth, direction, etc. In response, Suman said, we already have a good work environment within the company; and why we should think of such measures at all?I tried but could not provide an answer; and asked him to allow me to write down why, as I am b…



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