Management
Master the art of effective management. Develop leadership skills, foster teamwork, and optimize resources for organizational success and strategic achievement.
5 Must-Dos to Increase Retail Shopper Conversions
Despite the Internet, brick and mortar retail store still serve the marketplace. The Bureau of Labor Statistics expects the employment of retail salespersons to grow approximately 17 percent from 2010 to 2020. Customers still enjoy the experience of shopping in a physical store or boutique, whether shopping for new clothes or books. Yet, to compete with e-commerce, brick and mortar store owners face the ongoing challenge of converting leads into buying, even loyal, customers. Unlike the Internet and e-commerce sites, stores create personal shopping experiences. To capitalize on this advantage, retailers can note the following techniques to boost those sales. 1. Create an Experience Start by making your store an…
What is Preventing Your Business from Prospering?
While you might be convinced that your business is ticking away at its optimum rate, there are a number of things – probably happening right now – that are hampering your productivity and, as a result, your profitability. In turn, these things can add up to reduce your potential for expansion. Isolated, they might look like tiny little things that aren’t worth thinking about. However, add them up and you might be surprised to find out just how much time they’re eating into – time that could be better spent growing your business and enticing new customers. We’ve compiled the top five things you can do to get things really…
Leadership in Business
When it comes to running a business there are all sorts of different styles of leadership you can take advantage of. However, not all forms of leadership are going to work in certain situations so knowing what there is available to you and what is going to work for you is always necessary. This way should alternative situations arise you are able to change your leadership style in order to best fit the situation and the circumstances. Some cases you may find an online business courses advantageous. Charismatic One of the best forms of leadership is a charismatic leader. This is when you are able to inspire individuals and influence them…
The Importance of Listening to Collective Wisdom
How well you observe people as they interact with various technologies determines your ability to take stock of how they experience products, services, and the beneficial solutions they find in them. Consumers take to innovative products and services positively with an amazing amount of appreciation reflected in the way they patronize, perpetuate the value promise, and even “advertise” them for other consumers to experience. In the process, consumers become distributors of marketing information relevant to the ongoing retail cycle. Your mastery of reading through the way people in organizations solve problems, sustain brand beliefs, or find business solutions in agreement with corporate growth and profitability also determines your continued success…
Young Start-Uppers: Why Should Students Consider the Idea of Starting Their Own Business?
With academic life bearing down upon you, it might seem folly to consider starting your own business right now. Au contraire, it’s one of the best times to start your own business. Whilst your academic pursuits must always take the lead, your spare time can be better put to making some extra money and creating your own job for when you graduate. Thus, almost everyone should consider their statistics assignment seriously to become a real entrepreneur. Time Considerations At first glance, your huge timetable doesn’t have any space and you just don’t have time to start your own business. On the other hand, as a student you don’t work 9-5…
Why Yahoo CEO Marissa Mayer’s Strategy May Backfire
In the eight months since Marissa Mayer was appointed CEO of Yahoo, she's provided all employees with brand-new smartphones and free meals in the company cafeterias. The honeymoon appears to be over, however, as Mayer recently instituted a no-telecommuting policy that forces all employees who work from home to show up at the office beginning in June.
Tips to Make the Most of Small Business Growth
The U.S. economy received a bit of good news recently. According to accounting software firm Intuit, small business employment increased 0.11% in January, led by the construction industry’s 0.3% rise in revenue. Small businesses owners hope this uptick is the beginning of a prosperous 2013. As your small business grows, how you handle momentum can determine whether you’re headed for future franchises or foreclosure. Business success means you’ve found a product, service or cocktail of the two that consumers value, but that doesn’t mean you should quit taking risks. From rewards-generating credit cards to a productivity-boosting business culture, try these tips to promote continued success. Reward Your Hard Work Start-ups…
Tips to Manage Workers on the Job
Construction managers often have trouble completing their projects on schedule. Unexpected issues like workplace injuries or unsuitable weather cannot be easily controlled; however, there are other things that can be done to increase the chances of a project completed on schedule. Following these tips for managing workers on the construction job can improve worker productivity and ensure the timely completion of a project.
5 Keys to Optimizing your Call Center Using Quality Monitoring
Are you a manager interested in improving the performance and profitability of your call center? As you may know, improving the quality of your customer service has a direct impact on both sales and customer retention which directly affect the bottom line.
Is it Time to Rethink Your Dream?
How do you know when it is time to rethink your dream? Should you ever stop chasing your dreams? These are questions I am sure that you have asked yourself a million times. Sometimes we hit a roadblock in life that throws us so off course that we don’t know whether or not to get back on track and try again or to let it go. Before you let go of that dream you have been holding onto, ask yourself a few important questions before taking that leap of faith or letting your dreams die. Why is this your dream? There is an outcome you were reaching for when you…
Doing Business Around the Globe
In the last 20 years, the world has become increasingly interconnected. With the rise of the Internet and better infrastructure, economies around the globe have seen an increasing level of globalism. To succeed in this new environment, the modern business has to learn how to integrate itself with different cultures and target global markets. Businesses should learn the cultural traditions and customs of the area before they start a new branch in a different country.
