Technology has put forth many new possibilities for the businesses to explore from. Internet has been one of the most amazing inventions of all, making many things possible which weren't earlier possible. It is due to the availability of internet in every nook and corner of the world that cloud computing has become possible. Cloud computing is basically the outsourcing of all the software and hardware requirement resources to a...more
A sustainable business can be described as a business that doesn't compromise on the well being of environment or society while trying to earn profits for its stakeholders. Sustainable businesses are also known as green businesses, but that reflects on only the environmental aspect, whereas a truly sustainable business must operate in line with the society wellbeing. Businesses and corporations have become an integral part of...more
Businesses are built on people. People are therefore the most important asset to grow a business. It is essential for a business to have a team that really makes the difference. Some people are the decision makers while the others are the ones to abide by the decision. It is therefore not equipment or machinery in the end that has greater impact; it is the human capital that goes hand in hand with the progress of an organization.Building business teams that are really useful is not again an easy task to accomplish. Top people have always struggled to make teams that are really effective in pursuing the business goals successfully. Some of the most important factors that help built good teams are listed below.Start with the tasks that the team has to achieve. This will help you determine the size of the team, the scope of the work it has to cover, and the type of people required. Teams should always be built with the minimum possible people. There are many reasons for this approach. Too big teams actually achieve nothing. People only start the blame game. People of different skills should be made to combine a team while people of the same skills can really contribute....more
Back office outsourcing creating business impact for banks in U.S.Back office outsourcing is a strategy adopted across industries. The recession has brought about significant changes in the outsourcing space. These changes include outsourcing services such as customer relationship management, procurement outsourcing to improve customer focus and...more
In today's fast-paced world, there is a need for many people to take a break from the pressures of life and refresh one's inner self by attending motivational workshops that can enhance their disposition towards life and can uplift their spirit to move on and see the beauty of life. A speaker is in a position where one has huge shoes to fill and is...more
Corporate Culture is something that you can not define, but you know it exists when you see it. It is intangible, a state of mind, a feeling and a system of shared meaning infused in members and businesses but several peripheral issues revolve around it. Corporate Culture is a distinguished feature, a set of key characteristics that differentiates one organization from the other. Corporate Culture is concerned with how employees perceive the characteristics of an organization's culture, whether they like them or not. Sometimes businesses ignore the importance of developing a coherent corporate culture in their company, because they are concerned with profit margins not with their asset (employees are the real asset of a company). If companies are not having any strong culture, people get distracted from their assigned tasks, they become unfocused and start reevaluating themselves according to their capabilities and their part in achieving company's goals. There are few points that must be addressed before developing a corporate culture in your organization. Define your organization's VisionEstablishing and defining the vision of organization in clear words is very...more
Is it hard to accept that all unexpected fiscal problems create a lot of inconvenience in your routines? Yes, they definitely do when you cannot set your priorities right as urgencies keep accumulating. To help you cope with such crises, you have the...more
There are two types of businesses … first that sell tangible products (clothing, computer, mobile phones, and the likes) and the others that sell services (hairdresser, graphic designer, photographer, etc). Different types of...more
Multi Level Marketing is a term often frowned at; especially after pyramid schemes picked up the basic concept and changed it into a sort of con scheme. However, Multi Level Marketing (also known as MLM or Network Marketing) is a very...more
Everyone wants to own a home irrespective of their status. Even a two-room home will do for those who are not financially well off. In fact, anything which can be called a home is acceptable. In the past few years a whole lot of houses are available...more
Dreaming of owning a business is one thing; starting one is another, and more importantly running that business is never an easy task. One is bound to face financial hiccups during the process. Whether the person is a new generation entrepreneur...more
In almost all cases, lenders could like to provide a tiny business a secured the web of credit during which collateral is put up for guarantee. However, if you do not you'd like to put personal assets, then applying for unsecured business line of...more