Tag: Business Analytics

Defining the True Meaning of Leadership

Our leaders who were born around world wars have their well designed set of business practices and procedures. While leaders born in between 1965 to 1985 have different ideologies. They want to design their own paths. Differences arise more when each age group people sit for the same purpose because it is not possible to draw boundaries between them. Baby boomers in their time had competed for everything like jobs, money, infrastructure and promotion. For them it was a big achievement. However new one between the early 1980s and 1990s have faced sudden economic and social changes. Earlier ‘lay off’ was so uncommon that employees were not even preparing themselves for this but now manager plans in advance so that to not put all their potential into one corporate.

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How CEOs can Utilize an IPO

When in 2002 Microsoft announced to go public, everyone got shocked about how Microsoft will leave its established way and will become a public company. But there was nothing like that, the core methods of performing were the same just now at a bigger platform. For Microsoft the offering was neither typical nor uneventful.

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On and Off the Ramp

In 2008 5 million jobs in Canada requiring post secondary education went unfilled. This show there is a strong business case for ramping up placement efforts to get more women back into the workforce. A 2016 survey of RIT found that 27% of women and 38% of those already married, plan to interrupt their career to care for family. We need to examine why women today are finding it hard to re-enter the workforce and on ramp.

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Small Startups Promote Job Growth

INTRODUCTION

It is surprising that an economy growing at a rate of 2% or less creates only a few jobs. Job growth has slowed. It is the latest sign that economic momentum has faded even as it shows. Labour department has reported an increasing number of people who have lost their jobs permanently. The question arises is whether this slowdown is permanent or just a response to a weak economy. If we see further we will see that workers are taking less paid jobs because there is nothing else available to them.

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Dispute Mitigation in Companies

To manage new growth, companies always look for new innovation teams. What does this innovation team do? Do they perform brainstorming? Or do they perform creative thinking the whole day? Most of the boards of directors feel the need of a separate and highly isolated team to perform high thinking skills activity. They are like a search engine of the company i.e., unit responsible for long term and sustainable growth in the company. Most of the innovation is practiced over a company’s existing resources whether it is custom, experts or manufacturing unit. So it is a highly futile concept that the innovation team works in isolation. Isolation will create only baseless use of resources and travel processes.

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Advantages of Alumni Networks

Alumni new turn out to be an especially effective and kind of social network. With mushrooming educational centres around the globe, one way to stand out from domestic and international competition is by promoting its brand and institutes alumni are its best option connecting alumni networks for business always work.

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What is Mutual Resource Utilization and How Does it Work?

Mutual consumption is the shared use of goods or services by a group. For more than a decade Uber and Ola are sharing their ride services. It is a form of peer-to-peer sharing, renting. It allows consumers to obtain resources that they need, while also allowing them to provide resources that other needs have not been fully utilized. It can be seen in society in numerous ways like lending, battering, renting, gifting, swapping, banking etc.

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Corporate Tactics to be Profitable

The older techniques to increase sales was to create demand, make products cheaper, make advertisements and earn lots of profit. But there is another alternative that is being ignored, creating scarcity. when a company uses scarcity, your customer perceives that there is limited edition which compels them to purchase the product. It develops fear in them of missing out which led them to buy within the time constraints. What are the scars product? Products which are difficult to conceive, difficult to convey and difficult to make. It is a thing that is not available in unlimited amounts and is difficult to get. With scarcity tactics, customers are motivated to buy products because they see everyone is buying it and it is validated by others that it is a great buy.

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All About Collaborative Leadership

Rise of collaborative leaders

It seems that lone leadership has served corporate culture very well since the start of the Industrial era. But from the past few decades, with the growth of globalization, the internet has increased the complexity of the work. Newer approaches to leadership have started to take form. We are no longer manufacturing gadgets for single use nor are we afraid to speak in the boardroom. We are thinking multi-dimensionally and lending our talents where it is required. This new way of working requires a new form of leadership. Leadership expert Bryan Gross shifted his focus from great leader to great team, because the most difficult problem requires collective brainstorming. Collaborative leadership can sometimes become a complicated issue still we Know that it’s worthy of our time and make our decision making power more efficient.

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