You may have heard stories about offshoring that went wrong and made companies lose thousands of dollars. Or maybe you have tried to delegate development abroad yourself, but it didn’t turn out as you expected. No matter how you perceive offshoring now, it’s a fact that many companies not only managed to transfer programming overseas
CEO
It may seem 2019 was not that long ago, but in a short time the pandemic has transformed cultural shifts and company values to make much of the business landscape unrecognizable. Organizations have gone through a transformation CEOs expect to see over the course of a decade. Some senior managers have been slow to allow
There’s a truth that every entrepreneur is going to have to face at some point or another: there’s no such thing as risk-free success. Ever heard the phrase, “If you’re not growing, you’re dying?” Well, it’s true…and it’s also true that all growth comes with risk. My life as an entrepreneur has been full of
One of the hardest parts to being a leader is freshness. It’s not a term we typically use when talking about effective leadership, but it’s always there. We tend to focus instead on the many forms it takes, the freshness of ideas, for example. It’s there in other forms too, as in the ability to
When you tell other people how great you are, that’s called advertising. When people tell other people how great you are, that’s called public relations. However, public relations expert and author Gini Dietrich says an enlightened corporate and executive communications program need not be an either/or proposition. She wants it all. The personable executive is
In 2020, e-commerce sales in the US registered a significant growth compared to previous years. This growth was accelerated due to the pandemic. At the end of 2021 e-commerce sales in the US will also reach a significant number, according to the forecasts but it is said that this number will be lower than 2020.
We all like to make good decisions. We want our boss to see that we exercise sound judgment. We want to appear to be astute and rational in order to win the confidence of our people. And, naturally, we want to produce the right outcomes. Decision-making is one of the most critical skills a leader
If you transport yourself back to high school physics for a moment, you might recall Newton’s First Law – an object at rest stays at rest. No matter how aerodynamic an object might be, it still requires an external force to set it in motion. In the physical world, the forces that set an object
“Paralysis-of-Analysis” is considered by most business schools to be the most significant detriment to entrepreneurial and business success today. However, for many individuals, the lack of meaningful accomplishment is not due to poor planning or application but rather an inability to make educated decisions. We live in a vibrant, ever-evolving world. The decision-making process is
It never ceases to amaze me how many entrepreneurs I speak to who are dreaming of making a positive difference to the world, but never seem to get off of the starting line in making it happen. When I ask them why they havn’t done anything substantial to get their message out there yet, I
Last year, in the midst of the pandemic, Chief Executive surveyed more than 1,400 private U.S. organizations on their compensation strategies and the actions they were taking, if any, to navigate the crisis. Our research found that by late June, two companies out of five had cut or planned to cut their CEO’s base salary
A study conducted a few years ago analyzed the impact of five operating levers—price; revenue; cost of goods sold (COGS); selling, general, and administrative expenses; and research and development—on the bottom line of any business. Specifically, researchers were trying to understand how each of these independently impacts the overall profitability of an organization. The study
The health damage is sadly, easy to spot: nearly 630,000 new cases a day worldwide on average, and more than 9,500 daily deaths since Covid’s delta variant arrived. The toll on organizations is also relatively easy to quantify: ships unable to unload cargo because of a global shortage of healthy workers; firms forced to push
Carlette Duffy owns a fully renovated three-bedroom house in Indianapolis. Looking to refinance to help her grandmother with some home improvement projects, Carlette sought an appraisal and was shocked at her home’s low valuation. She tried again, but the second appraisal came in even lower. So Carlette decided to test out a theory. She scheduled
As someone who spends most of his time working in a language that is not my mother tongue, I’m aware I spend perhaps more time than most considering the meanings of words. It’s always interesting to me how different aspects of the same idea are illuminated by the names we give them. As a CEO
For a long time, video game players have known that the gaming industry has the power to bring people together and build rich, multi-faceted communities. In fact, this sense of identity and camaraderie intensified during the 2020 pandemic, as the gaming world offered a built-in place to gather online when in-person gatherings became unsafe. Video
The World is a Riskier Place: As the COVID-19 pandemic brought unparalleled disruptions to global, national and local supply chains across nearly every industry, supply chain resilience has catapulted to the top of the C-suite agenda where 93% of CEO’s are rethinking their supply chain operating models to become more resilient, responsive and agile.1 And
As the Fall approaches what was to be a welcomed Covid recovery season feels more like an endless New Year’s Eve hangover. Instead of following its 1918 Spanish Flu brethren and fading away inside 18 months, the new Covid “Delta” variant which is far more contagious and on the rise is digging in. In fact,
Maria Tope Akinyele Ph.D. serves as the Assistant Director of Strategy and Innovation at the Danielson Group. She is also the founder Agiri Learning Consultants, a firm that has helped hundreds of school leaders and organizations embrace, strategize, and enact positive changes in their pursuits towards cultural responsiveness, racial equity, justice, diversity, and inclusion. Dr.
Executives are spending more time today concerned about operational risk than ever before. Operational risk is an operational approach to represent knowledge management but in this case, it seeks to manage organizational knowledge in order to identify, satisfy and retain talent. Similar to customer relationship management, knowledge management is a critical enabler for identifying, satisfying
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