In business, do we maximize profit or our business market value? Well, it turns out both are the same. What we mean by maximizing our profit is that we maximize the amount of profit the business will generate in the future discounted by the interest rate. And guess what, that's the value of our business. The catch is we don?t know how much profit the business will generate in the future. So the value of our business depends on the expectation of such profit. The i...

Workflows exist in some form at every company. Human-based workflows are usually manually managed and tracked. Meetings, phone calls, paper trails, spreadsheets, emails and desktop applications are typically utilized by business professionals as a means to keep the flow of information orderly. In most cases, a lack of efficiency is unavoidable. A project management system that adapts to any business workflow solves this problem.

Business Team Building is a process that enables a group of people in a business environment to reach their goals using the team resources. Several factors that contribute to effective team building are clarifying the team goals, identifying issues which hamper the team, and addressing issues and removing obstructions.

"The world we've made, as a result of the level of thinking we have done thus far, creates problems we cannot solve at the same level of thinking" - Albert Einstein Runaway success is never based on incremental improvement. I know this is a very bold statement, but bold statements and even bolder results are what breakthroughs are all about. What about in your company - what would constitute a breakthrough? Would you like to increase overall productivity by 40%? Of course ...

The strategy cycle is a simple tool that will help you to achieve the goals of your organisation. Consisting of four main phases, the cycle is an iterative process that you can use to build and improve your business year after year.

Of late, the topic of succession planning has sparked much concern. However, it seems few organizations have heeded the warning. According to a Human Resource Planning Society and Hewitt Associates study, fewer than 60% of companies have a succession plan in place. Learn some of the top myths and tips for creating a succession plan for your organization.

It seems that every manufacturing company is now trying to adapt the Lean Philosophy, invented and mastered by Toyota Corporation. Lean manufacturing has also spilled over into non manufacturing industries. Unfortunately, many companies don?t completely understand the true meaning of Lean Manufacturing. Lean Manufacturing, simply put, is ?continuously improving your processes to eliminate waste?. This sounds simple, but many companies will fail!

The overwhelming number of projects fail to deliver. That's a fact. Gain a strategic advantage over your competitors, by not being a statistic by honing your project management skills and abilities.

Good ways to Procrastinate and when Procrastination might be good. I am writing this with the din of jackhammers in background. I am working on the weekend (surprising at that might be); feeling sorry for myself that I cannot get good quiet uninterrupted time in like I had planned. I thought I would write an article on Procrastination since that is what I am doing now. I have more important things to do (please don?t take offence). I am going into a heavy travel sched...

With the increased challenges that all companies are faced with, many corporations have implemented various initiatives to continue to grow corporate earnings and shareholder value, some have discovered the strategic value of corporate awards and corporate gifts. From the boardroom to the frontlines to the client across the country, corporate awards and gifts offer many benefits to enhance performance. Not only are you showing your appreciation to the employee or customer, you setting a standa