Business Wise

What is your company’s Unique Value Proposition?

Does your company really matter? If your company disappeared today, would the world be different tomorrow? This is a critical question for any business owner or CEO to be able to answer and many find ...

Business Wise

Practical Lean Business Plan in Four Steps

One of the most common reasons for business owners not getting the benefit of business planning is putting off doing a plan because it seems too hard. People still think of a business plan as ...

Business Wise

The Life Cycle of a Business

What happened to a billion dollar company that died over the last 70 years? What lessons are there to be learned for CEOs? On Oct. 15 last year Sears Holdings, with revenues of $13.2 billion ...

Business Wise

Management 101: Why does your organization exist?

Peter Drucker, the guru of modern management, shared his basic concept of management by stating “the purpose of a business is to create a customer and the job of the leader is to grow the ...

Business Wise

Artificial Intelligence Improves Profitability

We are living in a world of cameras, sensors and machine learning technologies. Executives around the world are spending billions to digitize their operations to improve efficiencies, reduce costs and increase profitability. This new era ...

Business Wise

From Tap to Talk

As technology continues to evolve, so does the evolution from tapping to talking on smart devices. Generally, we can speak four times faster than we can type. It’s been estimated that by 2020 about 50 ...

Business Wise

Will automation reduce the workforce?

More and more research organizations are producing reports on the future impact that technology and artificial intelligence will have on the automation of existing work. For example, the Brookings Institute, a Washington think tank, predicted ...

Business Wise

The Reality Of Technology

As technology continues to disrupt one industry after another, many organizations are faced with a choice: innovate or evaporate. The internet has transformed the way people work and communicate. It has also fostered a host ...

Business Wise

Bezos & Drucker: The Disciple of the Guru

“The purpose of a business is to create a customer, and the purpose of the leader is to grow the value of the customer,” proclaimed Peter Drucker, the guru of modern management, as the foundation ...

Business Wise

Toys ’R’ Us: What Happened?

Let’s review the familiar business path from idea to irrelevance. Every business starts with an entrepreneur identifying and solving a problem. The beginning of every business is quite similar to our own life cycle. The ...