Most large organizations, nowadays, are determined to foster change and become agile. Transforming into a learning organization is what they aspire to become. To this end, they are reforming their structures, facilitating shared services operations, and enabling a streamlined core. The main role of the streamlined core is to enable knowledge transfer across departments and […]
10 Useful Online Small Business Management Tools
Whether you run a small business or a major corporation, you will know that with so much going on, it is difficult to keep things from turning to chaos. However, there are some great business management tools that make a huge difference to the running of your business. Some make life so much easier and […]
5 Need-to-Know Fleet Maintenance Best Practices
If your business relies on a fleet of vehicles in any capacity, naturally, you need to ensure your fleet is properly maintained. Effective fleet maintenance can help you save money, limit downtimes, better serve your customers, and guard against accidents. That’s why it’s important to not only leverage an effective fleet management solution, but to […]
Authority Bias in Marketing
American social psychologist Stanley Milgram conducted a series of controversial experiments in the 1960s that studied the impact of authority on the obedience of his subjects. Milgram postulated that human beings have a “deep-seated duty” to authority and tend to comply when requested by an authority figure. He called it “authority bias.” While the results […]
The Benefits and Adoption of Cloud Computing in Supply Chain Activities (2021)
Even great products or services fail to save businesses if you don’t reach customers on time. It is where supply chain activities come in. Not that the industry always had the best of efficient supply chain systems. There were always some “clouds of doubt” relating to its efficacy. But the good part is, the advent […]
What Are the Differences between Invoice Financing and Invoice Factoring?
Invoice financing and factoring both provide great solutions for cash flow problems, but they do differ slightly in terms of structure and how payment is collected. So what are the differences and what’s the best option for your business? What’s invoice financing? Invoice financing allows businesses to access funding to help manage cash flow. Simply […]
How to Be a Leader, Not Just a Manager
Are you looking to take on a new role managing a team? Or are you looking to hone your leadership skills? Either way, this article provides you with helpful information on how you can be a leader and not just a manager to your team. Have Clear Values Make your values clear from the start […]
3 Decision Making Models of Human Decision Making Process
How do people make decisions? Do they always follow a rational linear process to come to a conclusion? Studies have suggested that the traditional Decision Making model—commonly known as the Rational Decision Making Model—does not explain the whole ambit of Decision Making. People, including managers of organizations, arrive at decisions using a variety of routes. […]
Advantages and Disadvantages of a Peer-to-Peer Network
You may have seen one of the articles comparing the price of Bitcoin to gold and wondered what P2P stands for. You may have heard about Skype being the first peer-to-peer network and had no clue why it is important. Whichever is your case, you are in the right place! In a nutshell, a peer-to-peer […]
Choosing the Right Ear Protectors for Your Business
Sadly, accidents at work are an inevitability. As we interact with others, move around, eat, drink and use tools, machinery and equipment, it’s only natural to assume that sometimes things will go wrong. Data from the Health and Safety Executive (HSE) and the Labour Force Survey reveals there were almost 700,000 injuries sustained at work […]
Retail Strategy: Directing IT Investments in the Right Areas
Staying ahead of the curve in the retail sector is nothing short of an ordeal. A fundamental element in beating competition entails developing capabilities critical for the future. To this end, it is critical for organizations to reinvest the savings achieved through IT Cost Management into building those critical capabilities. Before finalizing the areas to […]
How Employee Time Tracking Software Could Help Your Business Save Money
Time-tracking can add multiple benefits for your business. Still, companies are often against utilizing time-tracking software for fear that it will slow down creativity or make employees feel they’re being micromanaged. When done right, time-tracking will be anything but. In fact, there’s evidence that suggests time-tracking software can improve your company in multiple ways. Limiting […]
