In my search for the meaning of innovation, I’ve come across an intriguing blog of the Harvard Business Review where it says that businesses should hire graduates of Humanities than those with MBA or PH.D – if they want to get innovative. You can read more of the post below ( under Something Interesting ). Though this post is not related to that blog, it fascinates me that Liberal Arts graduates have a keener sense when it comes to getting under the skin of customers. So, which customers are we talking about here in the first place?
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We’ve all heard the word ‘entrepreneur’ and you’re probably one.. but what exactly is being one? According to Wikipedia, an entrepreneur is a person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and the outcome. The site also classified entrepreneur into three types: the social, the serial and the lifestyle. Entrepreneurs varies in gender, age, motivation, and the business they’re into and to be one means you have to identify yourself as one.
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“Life’s too complicated…” is what we hear people say these days, and businesses are starting to pick up the same sentiments as well. Keeping it short ( sweet ) and simple matters a lot in this era of complications as demand is rising for the simplest option around. A simple yet daunting task, when we’re so used to getting all the details right. You have an idea and you want to make it work. Sure you can write down your business plans on the back of a napkin, but why should you stick to the rules of brevity?
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What makes a good lea
der? This is a question that many have tried to answer, but failed to incorporate in their management style. When it comes to managing remote workers, the challenge is doubled as you try to cultivate teamwork in a virtual work place. When confronted with difficult freelancers, the last thing you want is to break down and lose it all. So, how do you become a source of inspiration for your workers in tough times?
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If your business cannot keep up with change, maybe it’s high time to set your eyes East and take wisdom from the Japanese way of life called: KAIZEN. Back in the 80s, many companies from the West are intrigued at how Japanese businesses operate like well-oiled rigs. They soon discover that the driving force behind this success is a practical philosophy that many of us forget.
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In this discount-loving culture where everyone’s looking for bargain, one can only ask: Is Cheaper Really Better? It seems that the outsourcing trend is heavy on low-price competition. It takes two to tango and one cannot simply work on cheaper productivity to make it in the global marketplace. When quality is the new lingo that consumers speak today, can your business really rely on the cheapest solution out there?
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