Twenty years ago we would have never imagined the possibility of using drones in private business since their only access and application were black ops military uses and CIA observations. As technology evolves, however, so does man’s imagination and application of such technology. Someone once said that necessity is the mother of invention, and I think in the drone’s case … [Read more...]
Sales Best Practices: How To Handle Your Competition
Competition is one of the most challenging obstacles any business has to overcome. According to McKinsey & Company, 85% of business executives believe their industry is more competitive than it was five years ago, while research from 24/7 Inc. shows that 79% of customers are willing to try a competitor within one week of experiencing poor customer service. So what are … [Read more...]
Make a Plan for Community Giving: Passion, Plans and Philanthropy
The holidays have come and gone and so has the strong focus on charitable giving. In fact, according to the National Center for Charitable Statistics, more than half of all nonprofit organizations say that they receive the majority of their annual donations in the fourth quarter of the year. But we all know that the need for donations doesn’t go away just because the season … [Read more...]
Asking the Right Questions
I read recently that we should not ask kids, “What do you want to be when you grow up?” Instead, we should ask, “What problems do you want to solve?” This line of questioning promotes thinking about the content of the work and the impact you can have on society. In the same way that this is a good method to frame things for children, it can also work for executives. I … [Read more...]
Why More Women Are Starting Day-Trading Careers
Forex and stocks trading has long been a “boy’s club,” as the industry has traditionally been dominated by males. But thanks in part to electronic retail trading, that’s starting to change. Women are entering Forex trading en masse, and they’re well-positioned for lucrative careers in the field. In Japan, for example, women make up 25% of the retail Forex trading system, … [Read more...]
Human Resources for the 21st Century: Hiring and Training
The human resources department is an important part of any organization. From hiring new staff members to training them in an online training software, and then potentially transitioning them to a different organization, HR takes care of employees start to finish. In a knowledge economy, people, more than machines, are the major source of innovation and growth for any … [Read more...]
Top 5 Bad Sales Habits that Affect Performance
Your sales team can be one of your organization's biggest assets, but individual members can also develop bad habits that impact overall performance. Although most bad habits can be corrected through sales executive training, the longer you ignore them, the more difficult habits are to break. Therefore, it's important to act swiftly. Here, are five of the most costly sales … [Read more...]
6 Types of Content that Have Greatest Brand Value for Small Businesses
When entrepreneurs with small businesses are already crushed under heavy daily workloads of producing great content, it helps to know which type of content will work the hardest for you and to focus on that. One of the smartest ways to judge the content you need to produce is to see what will nurture your customer through the process of his or her buying journey (also known … [Read more...]
When You’re Passionate About Your Cause, Success Will Follow
As the leader of a company that’s dedicated to developing solutions that help physicians diagnose, treat, and improve gynecologic health outcomes for women, I find myself facing sensitive, often heartrending situations. But I still consider myself incredibly blessed to be doing what I do. All business owners and executives generally start on our paths because of a passion or … [Read more...]
4 Creative Ways to Use Mobile Payments In Your Retail Business
Technology is becoming more commonplace in various aspects of our lives. Smartphones have replaced watches, alarm clocks, and calendars, and they could begin to phase out traditional credit cards and credit card processing. Mobile payments have changed the way people are paying for goods and services in retail businesses, as well as how merchants are processing those … [Read more...]