Tag: survival

January 8, 2021 admin123@ No comments exist

Guess the Word  and Contact Us for Prizes!  Series 69 next …. 1st letter of each Post Title (in a Series) spells a business word – spelt correctly or jumbled up.  Previous answers: Series 68  spelt  L-O-V-E  (LOVE) Series 67  spelt  M-E-G-A-D-E-N  (ENDGAME) Series 66  spelt  P-E-R-O-X-Y-A-R-G-H  (XEROGRAPHY) Series 65  spelt  I-G-N-I-T-E-N-U-Y  (INGENUITY) Series 64  spelt …

November 11, 2020 admin123@ No comments exist

Groupthink Business Covid survival strategy: avoid groupthink.  Consider whether your firm can compete better by copying others, or by being different.  Persevere & you’ll become the bold, far-sighted thoughtful leader others turn to for advice.  If you want to be a maverick but your firm is inhospitable, start your own, or join a dynamic start-up.  You…

November 9, 2020 admin123@ No comments exist

Empathy Covid survival lesson from the US President-Elect: above all, have empathy.  In business, that means – Respect the client. Listen to what they’re saying. Respond kindly.  In the process, add value by rethinking roles & procedures at key customer touch-points, like phone calls & emails.  Empathy can’t be taught or bought, but can definitely…

June 12, 2020 admin123@ No comments exist

Yank out Covid-19 dilemma: how to yank out under-performing products/ services/ units? A gentle approach spreads the pain, but slow removal just prolongs the agony. Rip off the sticking plaster in one go. Swift, short, sharp shock; then focus on higher-margin &/or better prospect items to ensure survival Guessed the Word? Series 59 (2/4) pic:…

June 29, 2019 admin123@ No comments exist

Heatwave Heatwaves make us realize that adapting to global warming is key to survival.  Cost to transform the world economy for climate change is blistering, but the price of inaction will be even greater.  A growing number of firms are making decisions using hypothetical costs & reducing their carbon footprint voluntarily Guessed the Word?   …