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Tag Archives: innovation

This Business News Daily article, written by Sarita Harbour, discusses how you know you have a great business idea. Do any of these points describe you and your idea?  If you are already in business, how did you develop your idea into your business?

 5 Signs You’ve Got a Great Business Idea

 

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Steve

This American Express Open Forum Blog article, written by Grant Cardone, discusses how to sell your idea or business organization to a potential client/customer in minimal time. This information is an excellent read and can benefit your small business greatly. Can you sell your idea or business proposition in 20 seconds?

How to Sell Your Idea in 20 Seconds

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Steve

This Business News Daily article, written by Jeanette Mulvey, discusses how companies need to change. The example provided discusses how Microsoft’s focus on the Window OS and the PC has hurt the company with mobile devices. Interesting read.

 Is your organization focused on its current product or developing new products?

Learning From Microsoft: When Too Much Focus Is a Bad Thing

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Steve

“If the people who make the decisions are the people who will also bear the consequences of those decisions, perhaps better decisions will result.”

John Abrams, from The Company We Keep: Reinventing Small Business for People, Community and Place

This quote needs to be framed and placed in a prominent spot in every office. Many organizations suffer from bad decisions. Many people use the “We have always done it this way” form of management and decision-making. Many businesses have failed due to bad decisions. How does your organization handle decision-making?

What level of management makes the decisions? Does the decision-maker have the knowledge and experience to make the decisions? Does the decision-maker know how the operations work? Do workers, at a minimum, have input in the decision-making process? Take a look at your organization’s decision-making process and answer these questions.

Better decisions lead to better results. Better results lead to success. Be successful!

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Steve