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Are You Really Ready For An International Enterprise?

Last update on Oct. 13, 2016.

Are You Really Ready For An International Enterprise?

Does your business need to see growth and increased revenues? Of course it does. But for many, the lure of seeing 50-60% increases within 3-4 years is too great and they head down this road without really knowing the marketplace.

If executed properly, many businesses have successfully increased their revenues because the potential for growth is high and the vision is simple. Conversely, the landscape is littered with the carnage of otherwise great companies who’ve made international business mistakes.

Some of the reasons to expand globally are:

1) faster growth, 2) access to cheaper materials and labor, 3) a broader ...

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The Eight Essentials of Innovation

Last update on Oct. 13, 2016.

The Eight Essentials of Innovation

Innovation is difficult for well-established companies. Generally, they are better executors than innovators, and most succeed less through game-changing creativity than by optimizing their existing businesses.

Since innovation is a complex, company-wide endeavor, it requires a set of practices and processes to structure, organize, and encourage it to change.

Companies must set and prioritize the terms and conditions under which innovation is more likely to thrive within an organization. They need to learn how to deliver and organize themselves for innovation to contribute meaningfully to overall performance. Good leaders must test their organizations on the following strategies to determine how ...

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Using Data and Analytics to My Competitive Advantage

Last update on Oct. 13, 2016.

Using Data and Analytics to My Competitive Advantage

While data and analytical information has been around for a long time, it is only recently that the speed and depth of that information has been used towards building a competitive corporate advantage.

Information can alter the path of a company and may even prove that an accepted corporate strategy could be flawed.  These insights are everywhere and a good executive knows how to capture them and how to interpret what the data is saying.

Using the speed of todays computing power, a company can build subsets of data from almost any point of contact – audio, video, geospatial ...

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How the On-Demand Economy Changes the Way We View Employment

Last update on Oct. 13, 2016.

How the On-Demand Economy Changes the Way We View Employment

The 40-hour workweek is alive and well, but in 2016, it looks completely different than it did a generation ago and the Government is finally getting around to supplying data that accounts for this new work eco-system.

The “on-demand economy”, where everyone from independent contractors to temporary employees are holding multiple short-term jobs at the same time, is changing the way we look at traditional employment and revolutionizing worker engagement on a global level.

This type of “shared economy” has mostly been driven by technology where workers provide services though a mesh of technological applications.  Workers choose these types ...

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What is Microsoft’s Blockchain Service All About?

Last update on Oct. 13, 2016.

What is Microsoft’s Blockchain Service All About?

The introduction of Blockchain technology has revolutionized the global financial services industry. The technology, which underpins the pioneer cryptocurrency Bitcoin, offers a shared ledger to the users and can store their complete transaction history. Unlike Bitcoin, the blockchain technology not only supports cryptocurrency, but also various other kinds of transaction records. As a result, a number of enterprises have shown interest in the technology, and the parent company, ConsenSys, have partnered with Microsoft to ensure smooth delivery of services to its users through the public cloud server, Azure.

What is Blockchain as a Service (BaaS)?

Blockchain technology or Blockchain as ...

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Can Large Tech-Based Companies Help Retailers Survive?

Last update on April 14, 2016.

2-4-16The recent unprecedented rates of technological developments have increased customers’ expectations of availability, convenience, and cost-effectiveness. This digital disruption, combined with fluctuating customer demands and shrinking profit margins have threatened the very survival of even the world’s most renowned retail firms, such as Walmart and Costco.

Cisco, the networking equipment industry giant, recently released a statement which highlighted the fact that the retail industry will experience serious challenges in the next 5 years due to digital disruption. Another survey also showed that nearly half of the retail executives fear that digital disruption may impact their profit margins and could ...

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Hispanic Consumers – The What, Why, and How

Last update on April 14, 2016.

Hispanic customerForward-thinking marketers stay aware of the demographics and cultural trends and develop a marketing strategy that helps them leverage the market segments with the most potential. If you’re in the process of developing a marketing plan for one of your products or services, or if you want to give your sales and revenue graphs a boost, you should consider winning your Hispanic market segment.

This article summarizes the what, why, and how of influencing the purchasing behavior of Hispanic consumers. Successfully marketing to this segment that can definitely boost your bottom line.

Capturing the Hispanic Market – What Is It ...

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The Call For Pricing Collaboration – How CPG Manufacturers & Retailers Can Drive Revenue by Strategically Pricing Their Goods

Last update on April 14, 2016.

Woman shoppingThe Consumer Packaged Goods (CPG) industry has undergone significant changes in the past two decades. With market giants such as Wal-Mart and P&G ruling the industry, retailers and manufacturers are trying to find new ways to maintain and grow their market share. This requires them to shift from an individualistic ‘Me’ approach to a more collaborative ‘We’ approach.

A growing number of CPG manufacturers and retailers are working together in order to improve their efficiency and revenue. Supply chain, product promotion and pricing, and visual merchandising are the three major areas of manufacturer-retailer collaboration. Of all the three areas, pricing ...

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Using Networking as Your Business Tool

Last update on April 14, 2016.

Networking“It’s not what you know, it’s who you know”. This simple phrase encompasses the importance of networking. Networking can be best defined as a free business tool which not only helps you meet new people every day, but also provides you a way to learn and experiment new things. Once considered to be a mere way to socialize, networking possesses immense business importance.

Networking Helps You Establish Business Contacts

Networking is a great way to establish new business contacts and leverage them at the right moment. Among these business contacts, you can find your next big client or ...

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Staying Ahead of the Competition

Last update on April 14, 2016.

CompetitionWhether you’re an established Fortune 500 company or an entrepreneurial startup, it pays to keep an eye on what new products or services are being launched by your competitors and what measures they are taking to outpace your business. Surprisingly, not many businesses today realize the importance of competitive analysis, and even if they do, they don’t have a structured process of executing a competitor analysis.

Excuses for Not Doing Competitor Analysis

There are numerous factors that contribute to this behavior of businesses – many don’t realize the true benefits of competitor analysis, and then there are others ...

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