Can your company withstand the power of time - or more importantly the cost of time - in a competitive environment? This article looks at prolonged competition from the vision contained within the Art of War.
Most people who have succeeded in business can probably tell you something about the importance of having a mentor who will be able to teach you the ropes in starting your own business. This is because the experience that these successful businessmen can impart is a very important factor in shortening your learning curve and in helping you avoid the mistakes start-up entrepreneurs usually make.
Non-cash incentive programs and fringe benefits can have a powerful influence on attitudes, that should in turn improve results. You can give employees the greatest incentive program, however, by impairing a sense of ownership in the organization. Ultimately, loyal and happy employees tend to work harder, leading to increased overall productivity.
To many people the word budget implies something constraining and negative. But a budget is really nothing more than a spending plan. By planning how and when you will spend your money, you are really just living within a budget.
Alan Loy McGinnis cites an interesting study in his book THE FRIENDSHIP FACTOR (Augsburg, 1979). A second-grade teacher complained that her children were spending too much time standing up and roaming around the room rather than working.
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