Posts Tagged ‘Strategy/Planning’
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.
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 you don't have it, outsource it" ((Since Mammone's article may not always be [...]
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 get funding without one. Teams coalesce around the labor. So, every startup has a business plan. For the going concern, [...]
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 and as a possible guide to shaping personal investment decisions. However, from the [...]
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 about efforts to refocus a business on new services and the difficulty of dragging along the old, tried-and-true [...]
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 and signed it out. The New Rules of Marketing & PR is a breakthrough book for me about the new world of [...]
