(Truth)Fundamental truths that relate to and govern business.
Do to some recent involvement in hiring processes I felt like it would be a good time to share some insight on what I have learned. As an employee or an employer the following information will help you find a good fit. It is amazing at how little thought is given to the pairing of […]
The Ultimate Guide to Hiring Employees and Finding the Right Job Match Read More »
In a previous article entitles “Factors of a Competitive Advantage” I covered the three main areas a company can compete without an existing relationship. The three areas again are Cost, Quality, and Lead Time. Each of these factors is present in the market place and is taken into account whenever someone is making a buying
Understanding the Competitive Advantage Spectrum in Business Read More »
Many factors play a role in the success or failure of a small business, but how can these factors be assessed across business types and how do we identify which ones are key? In previous articles we have addressed how businesses can compete relative to one another but here we will dig into the key
The 4 Critical Small Business Success Factors Every Entrepreneur Must Know Read More »
Does your company have a competitive advantage? A competitive advantage is the edge one company has over another. It is the reason someone will purchase what you have to offer even if they have no idea who you are. This is important for small businesses because many only offer the same value as the next
The 3 Essential Factors That Create Competitive Advantage Read More »
The Theory of Constraints (TOC) is an operational management approach developed by Dr. Eliyahu M. Goldratt and introduced in 1984. It was designed around the idea that complex systems are inherently simple and can tie all of the troubles they experience down to a single root conflict. For his approach Dr. Goldratt maintained that the
Understanding the Theory of Constraints: A Complete Business Guide Read More »
You’re attending an event. Someone asks, “What do you do?” How do you answer? Maybe you say, “I own a restaurant.” Or, “I’m a manager at Acme Industries.” Or, “I’m a teacher.” Whatever you say, I bet your answer won’t include the word “and.” But it should, regardless of the stigma often associated with being
Why You Shouldn’t Limit Yourself to Only One Career Path Read More »
The following list was posed to me by a reader so I thought if this person had these questions others may also. Each refers to small business and the issue of growth. I left the questions as they were asked 1. Are small to medium sized companies innovative needs, more crucial to their success than
Small Business Innovation Questions: Expert Answers for Entrepreneurs Read More »
Whether you own your own business or simply work in an environment with other people you will run into situations that require you to manage conflict. Conflicts can be interpersonal, profession, or simply strategic in any case having the ability to work through conflict is a vital skill. You may not realize how much conflicts
Effective Conflict Management Strategies for the Modern Workplace Read More »
If your business is seeing trouble times and needs some crisis management here are the steps that will turn things around. In a crisis situation every decision can mean the difference between saving or killing the company. Your job as a business owner is to manage the situation in a way that provides the best
How to Save a Failing Business: The Complete Triage Strategy Read More »
If you haven’t heard by now there is an increasing amount of buzz behind the world of 3D printing. 3D printing, also referred to as; Fused Deposition, Stereo Lithography, Desktop Manufacturing, Rapid Prototyping, and Selective Laser Sintering is an additive manufacturing process in which material is added layer by layer to produce a desired geometry.
How 3D Printing and Additive Manufacturing Can Transform Your Small Business Read More »
