Phase I -: People It is very important to have a few champions who can spearhead the change process. If a company finds that there are no existing employee members who can own the e-transformation process, then the company needs to recruit from outside. These champions are not only visionaries […]
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True Religion Jeans-a True Global Phenomenon
Changing lifestyles and a more discerning customer base has established a frenzy in the fashion market-that which was but a good and predictable market with limited needs and much more limited options has witnessed a virtual explosion popular statements and options alike. True Religion Jeans have created greater than a […]
Patents-Principles and Registration Prerequisites for Obtaining a Patent in The US
A patent is the protection afforded by the law to ideas. The protection of intellectual property is founded upon the need to balance among the inventor’s right to his or her invention, the desire of the human society to encourage entrepreneurship and innovation, and society’s need to use the invention […]
How to Prepare a Good Business Budget
Preparing a good business budget is an essential step for the success of any business. Not only an effective budgeting strategy influences long-term development for the company but also establishes solid relationships with other business partners and prospective customers. Sales Planning Consider the historical patterns of behavior for your customers, […]
Top Challenges of Successful Enterprises
The evidence is clear that to survive and succeed, enterprises must change their approaches to conduct successful business in the globalized economy. Whereas gradual change has always been required to adapt to new conditions, the pace is now accelerating and incremental change is no longer sufficient. There are many reasons […]
Basic Business Planning Strategies
There are a number of reasons why planning is necessary: 1. The future is not an extension of the past. 2. The rate of change in the marketplace will continue to accelerate. 3. Technological progress is taking place at an extraordinary rate. 4. Regulatory issues require constant attention. 5. Population […]
How to Make The Most Out of Your Small Home
How are you supposed to think outside the box, when you live in a box? There are people who live in smaller homes, because they want to be frugal and practical, there are others who live tight because they have to, and there are also those who live in normal […]
The Formal and Informal Aspects of Project Management
There are two main types of project management: formal and informal. Formal project management supposes generating of well-crafted plans and implementing them while informal management is concerned with coordination and motivation of staff to achieve general objectives Formal project management Formal project management involves strategic planning of projects, which is […]
The Retail Marketing Sector in India
Indian retailing is poised at an inflexion point and is predicted to witness major changes in the recent years to come. Domestic major retail players have announced aggressive expansion plans and a number of multinational retail chains are making their entry through various routes. This competition is bringing in new […]
The Importance of Customer Relationship Management in Online Markets
Customer Relationship Management (CRM) represents a comprehensive and extensive business marketing strategy integrating processes, technology and all activities related to customers. As a solid platform, pursuing permanent development and improvement, the Internet provides a solid base to deliver CRM services-the eCRM. In most cases, eCRM is a one-to-one experience, involving […]
Leadership Styles and Their Impact in an Organization
Leaders play a very significant role in an organization: they inspire employees, they guide them through complex processes, they boost morale and they improve the overall performance of the employees. Despite their important organizational impact, not all leaders are equal. According to their leadership style, they each have their own […]
Building a Brand: Innovative Ways of Cultivating Growth
While the economic climate is improving, a large number of small business ventures remain focused on consolidation rather than growth. While this a reasonable response to the social and political unrest that continues to play out throughout the world, economists fear that it may trigger a prolonged period of stagnation […]