A white paper on how companies should analyse customer data to gain better business intelligence and how they can use that knowledge.GAINING BUSINESS INTELLIGENCEIn an increasingly competitive world, using your client database smartly, to gain a better understanding of your number one asset - your customers - can make or break the success of your company. Most companies use databases to store information about their current customers, previous...more
A bank or mortgage company is nothing more than a box in which to keep money. The owner of the box has to do a few calculations. Firstly, how much is he going to offer those people who deposit cash in his box, in return for such a deposit? Secondly, how much of that money should he keep as cash in case the owners of that cash want it back? Maybe 5%, maybe 10%, what are the regulations in his jurisdiction? Thirdly, how much is he going to charge...more
IF If it seems as if all investors are selling, who is buying? If trading has become entertainment for you, it may be time to refocus on profits. If your stock has reached an annual low, can it go any lower? If your stock has reached an annual high, can it go any higher? If all the television analysts jumped off a bridge, would anyone care? If your portfolio is based solely on fundamental analysis, perhaps it is time to learn technical analysis. If I said you had a beautiful portfolio, would you hold it against an index? If you are tired of losing value on the long side, perhaps its time to learn both sides of the market. If you do not have a written financial plan, you should. If you could put aside $205 at the beginning of each month for thirty- five years, with an 11% annualized return you may save over $1 million. If you have stopped looking at your portfolio statements, does that mean your game plan is off? If a fool and his money are easily separated, who introduced the two? If buy and hold is your philosophy, why do you need a broker? If a tree falls in the forest, does it ruin the stock market for the day? If someone invented a computer program for investments that proved...more
Let's face it, unless you're Donald Trump, business can be pretty dull most of the time. Maybe that's why so many people decorate their cubicles and offices with cartoons. A good laugh can really perk up your day! So why don't more businesses use business cartoons?It's interesting that so few companies make the connection between cartoons and...more
An effort built around a string of print and broadcast exposures? Or, a public relations initiative that delivers results far beyond simple publicity tactics. Namely, real behavior change among your most important outside audiences leading directly to reaching your objectives. Achieved, incidentally, by persuading key outside people with the...more
Birds of a feather do flock together. It's true. Given a choice, most of us will seek out people who think like we do, people with whom we feel comfortable, those we won't quarrel with. Visit any company cafeteria and you will notice that the people at the tables will be in groupings from the same discipline, department or ethnic group.As a general rule, relationships do not usually thrive when there are profound differences in values, abilities, temperaments or lifestyle. Differences attract, but - more often - they repel. Individuals sometimes get involved in relationships with unlike individuals, occasionally even conflict-ridden ones. These may be exciting for a while - but unless the principals agree on core values, such relationships become artificially polite or unravel over time.Ways to work together. This general rule, however, needs fine tuning when it comes to science, engineering and business. Skillful managers often deliberately create teams comprised of very different kinds of people. They are willing to forego the comfortable, easy feelings associated with clone-like groups in order to bring diverse skills to bear upon a problem. Such a team might include designers,...more
In this "special report", I want to pose a few important "philosophical questions" to my readers. Firstly -- our Federal Reserve Chairman, Alan Greenspan, addressed the effects and implications of our aging population on things such as Social...more
Here are some simple tips to help you improve your cross cultural communication skills:Slow DownEven when English is the common language in a cross cultural situation, this does not mean you should speak at normal speed. Slow down, speak clearly and...more
Although real estate bankruptcy cases no longer dominate the bankruptcy courts' dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute...more
Looking for new leads, new contacts, new business opportunities? Do what nine out of 10 adults do, according to a recent article by the American Society of Association Executives. Join an Association. Choose from over 130,000 associations in the...more
Are there any universal laws that most successful people seem to follow? Great question, huh? With that in mind, Gregory Scott Reid, well-known speaker and two-time #1 best-selling author of, "The Millionaire Mentor" and "Wake Up: Live the Life You...more
Ever dreamt of giving up the daily grind? Want to strike out on your own and work from home, but don't know what you could possibly do to make a living? Full time Nasdaq trader Harvey Walsh wondered just that, and now he asks "Is day trading the...more