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Category: Business

Corona Virus: Preventing the Impact of Supply Chain Crisis

Developing a reasonable supply chain response to the coronavirus outbreak is extremely challenging, given the scale of the crisis and the rate at which it is evolving. The best response, of course, is to be ready before such a crisis hits, since options become more limited when disruption is in full swing. However, some measures […]

Battle of the Bots: Live-Chats vs Chat-bots

It’s the battle of the bots. What do you think? In just the past few years, marketers and business owners have seen a dramatic shift in business-to-customers communication, and it’s turning out to be pretty profitable. We’re talking double the conversions. Think about it this way: if a website visitor expects a web-page to load […]

COVID-19: How Managers Can Support Remote Employees

As much as remote work can be fraught with challenges, there are also relatively quick and inexpensive things that managers can do to ease the transition. Actions that you can take today include: Establish Structured Daily Check-Ins Many successful remote managers establish a daily call with their remote employees. This could take the form of […]

Communicating through the COVID-19 Pandemic

In fast-moving and uncertain situations, many leaders face questions they may not even have answers to. It is important to know that you need to communicate early and often with your key constituencies throughout a crisis. Even if you’re still trying to understand the extent of the problem, be honest and open to maintain credibility. […]

Strategic Thinking:Business use case

Strategic thinking involves making a series of decisions about what actions the company intends to take to become more successful. A company often goes through a strategic planning process once a year, creating a document that is a guidebook for the management team to use in the upcoming year. Companies should strive to make strategic […]

“Must-Have” Entrepreneurship Skills for 2020

An entrepreneur can be any person who builds or operates a business, taking on a greater amount of risk than someone who is an employee of a business. Often, this entrepreneurial risk takes the form of financial risk, career risk, emotional risk, or overall business risk. Since there is so much risk of failure when […]

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