Strategic Alliances; the Reasons and Benefits for Development

The reasons for strategic alliances become apparent when you understand the benefits. This applies to businesses and organizations of all sizes. Your reason for developing an alliance could be for research, production, marketing, distribution, or management. Your increased capability for success through alliance relationships will encourage your continued embracing of the practice. The same holds true, regardless of whether you enter strategic alliances as an individual or organization. Many of the benefits create high value for different segments of the distribution chain rather than all the segments.

Comparing Running a Business to Playing Poker

The game of running a business has the same risks as many other games of chance. They offer opportunities and rewards. But they also can force you to leave the table.

Sales Strategy

The success of any organization depends on its ability to sell its products or services. The profits or revenues earned from sales play an important role in fuelling the growth and development of the business. Intense competition has made it important for companies to draft a suitable and efficient sales strategy.

Finding the Right Business Investment

Whether you are strategic planning to start your own business, looking forward to some profitable work from home opportunities or searching for a suitable business partner, preparing the perfect setup for a business is one of the first and most important steps that you need to take.

A Good Business Model Plus Marketing Equals Success

We all know that a good business model means success, but why are so many business owners not following the basics?

Are Business Networking Referrals Critical Business Strategies Within Your Strategic Plan?

Business networking referrals are big business. Yet many fail to leverage this critical business strategy within their strategic plans. Learn the value of business referrals through 6 simple questions.

To The Board Of Directors: Can Your CEO Answer 7 Key Innovation Strategy Questions?

Numerous studies and articles have recently reported on a key governance gap for many technology companies. Only 14% of technology companies on average have well developed global competitive scanning practices. What expectations of the CEO of a technology company should the Board have with regards to this competitive intelligence issue?

Spray and Pray: The Substitute for Strategic Planning

Strategic planning is a proven and solid business strategy. However, many business owners substitute the actions of spray and pray to catapult their businesses to the next level. Are you one of them?

Distractions: How Costly Are They?

When was the last time you completed the six most important activities for that day? With this simple tool, you can easily do it on a regular basis and you will be amazed at how such a simple idea can make an enormous impact on your auctioneer business.

Does Your Strategic Plan Address Increasing Employee Costs and Decreasing Employee Productivity?

Does your strategic plan include employee costs? Are you aware that current research suggests that almost 60% of all U.S. employees are not engaged? What else don't you know and are not addressing in your strategic plan?

Kmart and Sears - Defying Botton-Line Gravity

Every once in awhile someone comes along to rewrites the accepted rules of their business. Henry Ford redesigned auto making. Woolworth rewrote the rules of retailing. Today Sears and K-mart have a business strategy defying the rules of the bottom-line.

Achieving Your Goals - Keeping Things On Track

Apparently when riding the underground people look up at the map and check their progress on average every 40 seconds. Most of these people know exactly where they are going and when they will get there, so why do they do it? I suspect the answer has a lot to do with the need to track advancement and ensure that they are indeed reaching their destination, which is a bit strange considering they are on a rail and the likelihood of them not getting there is pretty much zero.

Sales Organization Strategies

This article provides frank discussion of the most common sales strategies employed in B-to-B sales today.