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Why New Leaders Should Make Decisions Slowly

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Climbing the corporate ladder is a “must do” for any head of household who chooses a non-entrepreneurial career.  Each step up the ladder typically means more income and benefits which supports the lifestyle they desire for their families.  In addition, advancement often requires more leadership responsibilities.

A person’s first leadership role is generally both exciting and unnerving.  Most people do not diligently watch their supervisors throughout their early career making notes of how to lead, and how not to lead, in order to prepare themselves for a future leadership role. Instead, leadership is something most people “fall into” later and figure out as they go along.

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Digital Product Life Cycle Management

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Digital Product Life Cycle Management: Is It Right for Your Company?

With the continual rise of innovation in digital technology, there are plenty of factors surrounding product innovation which businesses are desperately trying to adopt and implement. They are constantly looking for better and more effective ways to launch products.

According to a detailed and insightful McKinsey article, plenty of research and development teams that manufacture industrial goods and products become adversely affected by fixed or traditional factors of their approach.

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How to Strategically Tackle an International Business Opportunity

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There are various points during the growth of a business that typically prove quite challenging — making the first sale, earning the first advertiser, forming the first partnership, to name a few. It all comes down to breaking new ground: doing something unprecedented, with little to no relevant experience and mostly determination and enthusiasm to get you through.

When an international business opportunity presents itself, it’s likely to be a step up in terms of challenge, presenting both literal and figurative gaps to overcome. Pass the test with flying colors and you’ll expand your skill set, impress those around you, and prime your company for exciting new deals down the line. Get it wrong, and you might be left waiting for another chance.

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Business Technology Assessment

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How Business Technology Assessment Can Take Your Business to a Whole New Level

Let’s face it; the role of technology in business is growing, and it will only continue to flourish in the future. Organizations can no longer devalue the importance of technology in realizing their goals and driving their ventures forward.

But the thing with modern technology is that it moves and changes at such a rapid pace. Innovations pop out one after the other no matter the industry, and while that can be great for business, the critical question here is: do you know what technologies your competitors are using?

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Business Process Management or Robotic Process Automation

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Business Process Management Series Part 2: Business Process Management or Robotic Process Automation

In this second part of our Business Process Management (BPM) series, we will compare BPM against Robotic Process Automation. For a slew of businesses and organizations, big and small, overseeing and implementing a streamlined digital transformation can’t be done overnight. In fact, it is a long and grueling undertaking. However, there are some very innovative and cutting-edge technologies a business can incorporate to accelerate the whole process.

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Entrepreneurs Should Partner with A Business Mentor to Do Well

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The journey of entrepreneurship is long and arduous.  It is very easy to get lost in the middle of the path not knowing where you went wrong and where you should go from there. As an entrepreneur you have to look after each and every process of your business and the people involved with it including your employees, customers and stakeholders. This is not an easy task and requires:

  • A lot of tenacity
  • Constant monitoring and supervision
  • Reviews and reforms
  • Research and developments
  • Knowledge of market and customers
  • Pressure and stress while dealing with the known and unknown challenges
  • Uninterrupted operation even at low tides!

Ideally, you will do better if you have a strong and knowledgeable companion alongside you which is why every entrepreneur will need a business mentor to be successful. There are lots of other good reasons to have one as well.

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Eight Ways to Build Culture

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Culture is often wrapped up in a company’s core values and the leader’s implementation of those values during day to day activities. Some companies are all about profit, and so everything they do creates a type of “dog eat dog” environment.  Other companies focus on excellence in both their services and how they manage their people, so fun and recognition is apparent at all levels of the organization.

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An Overview of Top 3 BPM Software Products

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Business Process Management Series Part 1: An Overview of Top 3 BPM Software Products

Business process management (BPM) software comprises of a systematic, transparent and innovative implementation designed to streamline an organization’s overall workflow operations and processes. According to Worktech writer Elizabeth Quirk, BPM software help businesses achieve their short and long-term objectives by eliminating discrepancies and allowing for fluid procedural transitions. With the launch of several SaaS business process management systems, it has become ridiculously easy for both small and big businesses to enhance their workflow. This post is the first in a 3-part series on business process management software.

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5 Biggest Supply Chain Trends in 2019

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For top businesses, supply chain management (SCM) can only be viewed in the context of maximizing strategic competitive advantage.

In the midst of a projected global economic slowdown in the next few years and heightening trade wars between trade giants, supply chain trends in 2019 have focused on minimizing risks from volatility while optimizing the supply chain. A labor shortage across the supply chain and rising automation can be seen as the driving force for innovation in SCM. The capacity of businesses to adapt to creating ‘digital supply chains’ can make or break their lead.

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