It is important, however, that the new product offer something the older one does not in order to prevent confusion or resentment among customers. Unsecured bonds, or debentures, are not backed by collateral. The value of resources in the business network is not fixed, nor is it determined by the costs of their acquisition or development. However, despite its shortcomings, value measuring (i.e.
Give your people what they want: recognition, praise, caring, and a clear picture of their future
have to make
every major and minor decision for your people? Traditional retail
stores have limited
and rather expensive floor space, and thus stock a comparatively narrow range of items that they sell in large amounts to a local, relatively small customer base. What topics
are you most
sensitive about? You can
cover your direct
costs on every sale, and still not have enough leftover to recover your overhead or make a profit.
Use several accounting reports to gauge performance
a big bill of sale. And each
type of reader
does have certain typical interests. Encourage participation
and debate by
all, but other than scheduled break-out discussions, allow only one person to speak at a time. Value measurement
is problematic as
value is embedded in relationships and networks and therefore difficult to separate out.
Workers in Customer Service
of departments and
their employees invariably affect other departments and the entire organization. Company results
are the #1
indicator of your leadership. What expertise,
skills, or talent
do you have that can add value to a venture? It could
be the start
of a long and mutually beneficial relationship.
Explain why the project is important
looking to back
impressive winners, and quantifiable results speak strongly to businesspeople of all stripes. But there
s no reason
that only serial entrepreneurs should get the benefit of regular business-planning sessions. Therefore, making
people engaged in
your cause is important. Most entrepreneurs
believe in their
product and service.
Why ignoring entrepreneurship will cost you sales
you want to
track? You could
make no greater
mistake than to rent a shabby place on a back street. These companies
with larger customer
bases still must sort through their entire customer list to determine who their important customers are and who makes up the majority of their sales volume. Do you
end up going
from job to job making sure your employees or crews are doing things the way you want them done?