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Marketing Personas. Not mentioning it in the name because it doesnt makse sense on the website.
Most companies would like their managers to take on more responsibility, help with the company’s top line and take ownership of what they deliver, in essence wanting them to be entrepreneurial within the structure of the organization. Several factors differentiate an entrepreneur from a corporate manager. The differences between the two can help develop an […]
Most consulting firms have several key partners that contribute to the company’s top line. Unlike other businesses, consulting firm’s reliance on these partners is extremely high and keeping them happy and maintaining a sense of fair compensation becomes central to the survival of the business. We enlist a few of the most popular compensation models […]
All management consulting firms, big and small, want to utilize their resources optimally. However, most don’t want to invest the time required to actually find out about ways in which it can be done. The first step however, is the easiest: improving their return on assets. For this they don’t have to do anything new. Here […]
One of the key factors in choosing partners is partner size. The size of the firm will usually determine the depth of their specialization, their price, their eagerness to work with you. Fortune 500s have recently seen a move away from large players largely because of their rigidity and due to challenging economic conditions. Reasons […]
Business growth generally has to do with progressively improving assets of the company. Assets being the things that earn the company money. Consulting businesses are no different except that the key assets are not as clear to see. Two key assets of the firm are 1. Net Skill of the employees in the organization 2. […]
Trusted advisors are always very hard to find, sometimes the sources are not reliable and sometimes they are not good enough to figure out and solve your IT outsourcing problem. Hence, before looking for the best, be ready to do a thorough research before hiring somebody.Use LinkedIn as a reliable source: LinkedIn is a business-oriented […]
Electronic Data Interchange (EDI) is the most common way to exchange data between business entities. EDI communication is based on specific message syntax, standards, messaging protocol and communication mechanisms. The EDI solutions are more centric on message processing and transformation and less on Application or User workflows. Here are a few tips to design, architect […]
I’ve been running a technology incubator for a few years now. We have people on staff (employees) and independent consultants and entrepreneurs who are doing their thing. I end up comparing them in terms of their net earning, their attitudes and their beliefs. Below is a little synthesis of that. Higher Risk = Higher Reward: […]
The plathora of applications in organizations has grown significantly in the past decade. Enterprise, big and small now has many choices for any given task and the application portfolio seems to include everything from mammoth generalized ERPs to small specialized cloud apps. There are many reasons why companies need to maintain this application / vendor […]
Abstract IT organizations are under pressure to deliver more bang-for- the-buck. Intelligence delivered on existing corporate data is usually viewed as low hanging fruit that. For small organizations, executing these projects cost-effectively remains a daunting challenge. Based on over 10 years of working small and medium sized companies, we share 10 tips that can help. 10 […]