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IP strategy – Trade Secrets vs. Patent Protection

Trade secrets and patent protection are two important ways you can protect your assets. In the world of intellectual property, trade secrets and patents play an essential role in the future of your business. Both of them differ in terms of security, their purpose, and functions. Before we get into the difference between the trade secrets and patent protection, let’s understand the difference between the two regarding intellectual property.

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Restructuring Your Company’s Management Into 21st Century Leadership

“The age of management is dead!” says Jeffrey Hayzlett, a VIP contributor for Entrepreneur Magazine.  He follows with this statement: “Executives are no longer looking to micromanage everyday decisions; instead, they’re empowering other employers to implement and own the decisions that will propel the business forward.”  I agree with Hayzlett. Executives who focus on leading their teams rather than using an old school management style tend to keep up with the ever-changing business landscape to maintain high standards of performance.

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10 Strategic Planning Mistakes CEOs Make | Extraordinary Business

There is no doubt CEOs have more on their plate than anyone else in the company; however, passionate and dedicated leaders always keep strategic planning a top priority. It is the lifeblood of any organization that needs to propel into the future. Let us go over 10 strategic planning pitfalls CEOs are susceptible to making.

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How Managers can Overcome Bias | Extraordinary Business

“The Eyes are the Windows to the Soul” quote is often used when referring to the true feelings of a person rather than what they are projecting through their words or body language.  I would also take this quote one step further and suggest that those “windows” are not only powerful for seeing into another person, but very powerful in how that person sees the world around them, projecting as bias.

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Aligning Your Corporate Culture with Strategy | Extraordinary Business

The harmony between corporate culture and its wide reaching implications to strategy and output has become central in all successful companies. There is a very particular correlation between  people that make things happen and your company’s financial performance, as explained by author and keynote speaker Brent Gleeson. Gone are the days when employees were just supposed to follow orders from “up top”.

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Passion vs. Purpose in Leadership

Striving towards something is an essential trait for a leader.  The easier the goal, the easier it seems to be for a leader to maintain momentum and effectiveness during any challenges which may pop up along the way.  But what happens when the goal becomes a minefield of obstacles causing delay after delay after delay, frustrating all involved?  In my opinion, that’s when Passion or Purpose become the driving factors keeping the leader motivated to endure those trials until the goal is finally achieved.

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Key Questions to Ask When Considering M&A for Business Expansion | Extraordinary Business

Mergers and acquisitions often provide a remarkable opportunity for business growth. As with any major business move, it also comes with possible pitfalls. There are numerous potential problems for a company facing a merger or acquisition, as outlined by John Barrows of JBarrows Sales Training. How do you know if your company is in the right place and time for a M&A? Let’s go over some key questions you should ask when considering a merger or acquisition for business expansion.

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