business tactics: In an economic crisis, businesses need to rely on the economy of words
- 02/08/11 12:21 AM
With unemployment on the rise and a recession not looking like an eventuality, but in fact, more like a bed partner, businesses have got to make some decisions to survive. What is imperative in an environment such as this is that communication be more clear, more effective, and more to the heart than ever. Why? Because this is an environment of fear, and in such a state, people need to feel a sense of confidence with the people they are choosing to do business with. The takeaway here is three-fold: Communicate regularly with your clients and employees. Do not isolate yourself. … (1 comments)
business tactics: Don't Just Keep Busy--Keep Profitable!
- 12/27/10 05:05 AM
Neighbor/competitor/family member/friend/postman: "So, how's work been lately?" You (business-owner): "Oh, you know. Keeping busy." Sound familiar? For business-owners, "keeping busy" has long been a trusted stock response to polite inquiries about work. It's taken to be a good thing, the alternative to not being busy and, thus, not being profitable-especially now, in the midst of recession. But the fact is that being busy and being profitable don't necessarily go hand in hand. You can be working seventy hours weeks and still be scraping by while your expenses just keep piling up. It's a tricky situation. All businesses want to increase … (1 comments)
business tactics: TEDx Midwest: Bringing the Brilliance of TED to Chicago
- 12/03/10 04:42 AM
As I'm standing here at the after party for TEDx Midwest, looking around the room I am amazed less by the talent that took the stage over the last 24 hours-which was outstanding-but more by the people I met as fellow attendees. Francisco the architect who had just finished the Bangkok International Suvarnabhumi Airport. Hunter Hillenmeyer, the pro football player who went back to school for his MBA and couldn't have been more down to earth. John who worked as a consultant in healthcare and then in his thirties went back to med school to learn how the industry operated from the … (0 comments)
With unemployment on the rise and a recession not looking like an eventuality, but in fact, more like a bed partner, businesses have got to make some decisions to survive. What is imperative in an environment such as this is that communication be more clear, more effective, and more to the heart than ever. Why? Because this is an environment of fear, and in such a state, people need to feel a sense of confidence with the people they are choosing to do business with. The takeaway here is three-fold:
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