Tag Archives: Strategy/Planning

Why Should You Develop a Business Plan for Going Concern, How to Do It, and How Do You Convert the Plan Into Action?

Why Should You Develop a Business Plan? For every startup the development of a business plan is a  required first step. It is so obvious – business schools have course on writing the business plan and it is impossible to … Continue reading

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Podcast: Outsourcing – not a strategy that is as simple as a make or buy decision

Outsourcing is sometimes seen as a panacea, especially for startups. However, a sound knowledge of  business practices is required to make outsourcing really work.

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Outsourcing – not a strategy that is as simple as a make or buy decision

Outsourcing functions is a key element of every business’s strategy. Richard Mammone, Rutgers University BEST Institute, has written a brief article, “Humility and the Successful Startup: Every skill required to form a business should be judged on make-or-buy grounds. If … Continue reading

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Are You Afraid of Your Financial Statements?

I picked up this little book, Warren Buffett and the Interpretation of Financial Statements – the search for the company with durable competitive advantage (Scribner: New York, 2008), thinking that I might learn something valuable about the current economic mess … Continue reading

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Getting the Right Things Done – the manager’s focus

Peter Drucker wrote a charming little book in 1967, The Effective Executive: The Definitive Guide to Getting Things Done. I have now read it numerous times and each revisit rewards me. Just this morning I was speaking with a manager … Continue reading

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Must Read Web Marketing Book: D. M. Scott’s “The New Rules of Marketing & PR”

Michael Volpe, VP Marketing at Hubspot, the web marketing software company, pointed me to this book in one of his presentations. I have been sufficiently impressed by the quality of HubSpot’s work that I ran over to my local library … Continue reading

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