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Tuesday, August 31, 2010

Top Ten Management on Business Models: An Overview of The Path Through Which a Company Plans to Make a Profit



This overview of the concept of business models was prepared by Yvette K. Schubert while a Finance major in the College of Business at Southeastern Louisiana University.


David

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What Performance Metrics Matter?: The Disparity - and True Lack of Agreement - Nationwide on How to Evaluate and Rank Colleges and Universities



OK, we may not like it, but the world in 2010 is one driven by metrics, performance measures, bar charts, etc. - all done to make good PowerPoint slides!

Read the Article at HuffingtonPost


This article - and I would encourage you to go read the Chronicle of Higher Ed's original piece on the matter as well (http://chronicle.com/article/30-Ways-to-Rate-a-College/124160/) - shows how little agreement there is out there nationwide on how to evaluate quality and performance when it comes to the world of higher education.

Still, this is the world we live in (and which students and their parents have to make informed choices as to where to spend (read invest) tens of thousands of dollars for their future). In order to succeed (and even exist) in the long-term, we've got to do a better job of yes determining which measures are important - both in terms of inputs AND outcomes - and work to get better at raising these standards. An informed marketplace demands nothing less.

David http://wyld-business.blogspot.com/

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Death by PowerPoint: A Funny Video with Great Advice on How to Avoid the Most Common PowerPoint Mistakes

Microsoft PowerPointImage via Wikipedia
Great PowerPoint Tips from Don McMillan in a classic video called "Life After Death by Powerpoint." Keep these in mind EVERY TIME you make a PowerPoint presentation - no matter who it is for, where you deliver it, and how many people you are presenting to. Watch - and learn (and laugh, too):


Life After Death by PowerPoint
Uploaded by pietergc. - Click for more funny videos.

Do everyone a favor and forward this posting to your friends, colleagues, and even your boss!

David

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War is....PowerPoint?

Sgt. 1st Class Mack Davis, a South Carolina Ar...Image via Wikipedia

So, you think you've had your fill of endless PowerPoint presentations in your job? Be glad you're not in today's military!
Colonel Lawrence Sellin, Ph.D. - a veteran of both the Iraq and Afghanistan conflicts (thanks, man - doc!) - has "stepped out on the ledge" a bit to shine a light on how war is conducted today - largely by PowerPoint (at least where the top generals are!). As a reservist serving in the headquarters' staff for the the International Security Assistance Force Joint Command in Afghanistan, Col. Sellin took out the driver and penned a column criticizing how the generals are conducting the war based on endless PowerPoint briefings to a bloated headquarters staff (Sellin said there was so much Army brass at the command center that: "Around here you can't swing a dead cat without hitting a colonel."). Col. Sellin further wrote that:

"For headquarters staff, war consists largely of the endless tinkering with PowerPoint slides to conform with the idiosyncrasies of cognitively challenged generals in order to spoon-feed them information."

You can read Col. Sellin's complete, original column that "stirred the pot" at the link below:
Outside View: PowerPoints 'R' Us

And coverage of it here, from Federal Computer Week:
'War consists largely of endless tinkering with PowerPoint slides'

and here, from Wired:
Colonel Kicked Out of Afghanistan for Anti-PowerPoint Rant Read More http://www.wired.com/dangerroom/2010/08/anti-powerpoint-rant-gets-colonel-kicked-out-of-afghanistan/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+WiredDangerRoom+%28Blog+-+Danger+Room%29#ixzz0yBmCHD2L

Since the column appeared, Col. Sellin got an early ticket home from the Afghan front. A New Jersey native, he plans to return to work for an IT firm in Finland. However, his criticism of the military overreliance on PowerPoint is still spreading on the Web. Col. Sellin is not alone in recognizing the "War by PowerPoint Slides" mentality that pervades military leadership today. In April, General Stanley McChrystal, who at that point oversaw the military effort in Afghanistan, criticized his own organization's overuse of PowerPoint: “It’s dangerous because it can create the illusion of understanding and the illusion of control. Some problems in the world are not bullet-izable.”

So, does your organization over-use PowerPoint? How can you avoid falling into this tech trap? Post your thoughts here.....

David

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Thursday, August 26, 2010

Reverse Auction Training in the College Classroom: Roanoke Online Partners with a Local University to Provide Valuable Training for Procurement/Selling Careers



One of the things all business schools struggle with is how to provide valuable, up-to-date business skills/knowledge to their students. Thus, as the head of the Reverse Auction Research Center (http://reverseauctionresearch.blogspot.com/), I was thrilled to learn of the partnership that has been fostered between Roanoke Online (http://www.rfqhosting.com/) and North Carolina Agricultural and Technical State University to give their students in purchasing and marketing classes a competitive advantage in today's job market by training them in how to use reverse auctions - both from the buyer's and the seller's perspectives. You can read the details about this innovative initiative - which enables students to use the same reverse auction platform (RFQHosting) that Roanoke Online offers today - in the article below:

AN INTEGRATED APPROACH TO FOSTER LEARNING AND PROVIDE STUDENTS WITH A COMPETITIVE EDGE

As Curtis Wynn, the President and CEO of Roanoke Online, recently remarked:

"The training we provide is beneficial to future buyers who will use reverse auctions to obtain competitive pricing and sellers who will need to know how to respond to reverse auctions in a way that doesn't price their companies out of business. By being introduced to this subject during their undergraduate studies, students are better prepared to demonstrate knowledge of a critical component of supply chain management during the interview, when they are hired or when they start their own businesses.”

So, kudos to these innovative leaders at North Carolina Agricultural and Technical State University and to the management of Roanoke Online for partnering to help give students a "leg-up" as they begin their careers in procurement. And, if you'd like to learn more about this undergraduate training curriculum, simply contact Curtis Wynn at Roanoke Online by emailing him at this address (mailto:cwynn@roanokeonline.net).

David

From the Reverse Auction Research Center (http://reverseauctionresearch.blogspot.com/).
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Tuesday, August 24, 2010

Top 10 Excuses For Getting Out of Work

NYC - Times Square: Times Square Tower and Ern...Image by wallyg via Flickr
Top 10 Excuses For Getting Out of Work by Ben Welch
We've all been there: it's a beautiful day and you can't bear the thought of going into work. So you call in with the lame-old excuse about feeling ill even though you know your boss doesn't buy it. Besides, "feeling ill" is at best only a short-term solution that won't win you any fans at the office. That's why if you're going to play hooky, you need an excuse that will help you save face as well as your sanity. Here are some ideas.
1. (For women) "I have really bad cramps." Now before you dismiss this one, think about it: Who can argue? It's such an embarrassing topic that nobody will ever challenge you. It's one of those things that men honestly have no clue about and women can sympathize with.
2. (For men) "I have horrible diarrhea." Again, before you dismiss this one, remember that it's such an embarrassing topic - especially for a man - nobody will doubt your sincerity. Plus, it's simple. You don't need an elaborate back story because no one wants to hear the details. If anything, your boss and co-workers will admire you for your honesty.
3. "I'm having an allergic reaction to _______, and I need a day to recover." This excuse requires a few details about when and where it happened as well as the details of your food allergy, but Google should give you everything you need. The upside of this excuse is that you can use it more than once. The downside is that it requires a good memory and some vigilance: for instance, you can't claim a peanut allergy and then gorge yourself on Thai food at the next company junket.
4. "My grandmother's/grandfather's memorial service is today." This excuse works for two reasons: first, because elderly people die everyday no one is going to think your excuse is unlikely; second, no one is going to question (or resent) a death in your family for fear of offending you. If you play your cards right, this excuse is good for four free days - one for each grandparent - with each new job.
5. "My wife/husband is extremely ill and I need to stay home and take care of them." The excuse is a gem not only because you get a day off, but also because it makes you seem sensitive. The only drawback is that it requires an accomplice - namely, your spouse. As such, you may want to save this excuse for a special occasion when the two of you can organize a special three-day weekend.
6. "One of my children locked themselves in the basement. I couldn't get them out myself so we had to call the fire department." This is only one of a multitude of excuses you can use with mischievous children. Just recycle the same formula - child gets in trouble, child needs help, parent to the rescue. This works with children of all ages, from children traumatized by irresponsible day-care workers to playground fights to errant teenagers. (Hey, this is one of the perks of having kids - they torment us 364 days of the year and we get 1 day off. Fair trade.)
7. "I took some work home last night and will be going through it today from home." Whoever invented telecommuting should be sainted. Just remember that in order to sell the "working from home" excuse you need to email or call the office a couple times throughout the day to maintain the ruse that you're working. The best time to do this is at lunch - that way you get credit for the call but you don't have to answer too many questions.
8. "My next door neighbor's house caught on fire last night and damaged a small part of our roof. So I'll have to spend the day with the insurance company and the assessors." Again, this is a formula: something happened to a neighbor (fire, flood, nuclear fallout), and you are involved through no fault of your own. The important thing is to keep it small. Make it more of an annoyance than a disaster. The idea is to convince your boss and co-workers that you are the unlucky one. "Trust me," you say, "I would much rather be at work."
9. "I got pulled over for speeding on my way to work the other day and I have to go to traffic school." The idea here is that you had minor trouble with the law (emphasis on minor) and you have to pay your dues. A variation on this would be letting your license expire - or at least claiming it did - which means you had to go to the DMV and take a written test as well as a driving test, which could easily take a full day. After all, the DMV has its reputation for a reason.
And finally...
10. "My accountant made some clerical errors on my taxes and I'm being audited." In the wake of the Enron scandal and the demise of Arthur Andersen, this excuse is a sure-thing. The important thing is to make the accountant look like the bad guy - you just need to be there to make sure he doesn't do anything shady. Once again, the key to this excuse is to make everyone feel sorry for you, not envy you.
Benjamin Welch has been a college instructor in writing and composition for nearly six years. When he's not teaching or playing golf, he offers advice for students seeking information about online education and adult education.
Article Source: ArticleSnatch Free Article Directory
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Attraction Marketing

Making connections with people is how attraction marketing works also. If you conduct yourself and your business in such a way that people notice your genuineness, and they see that you give value, they will want do business with you. More than that they will want to introduce you to their friends because they know that their friends will get great value and appreciate the introduction.


It works just like it did in school. The prom queen is always very popular and this is because of the principles of attraction marketing and giving value. The boys flock to her because she gives them value - she is pleasing to the eye (sexist perhaps, but true), the girls flock around her because she has the attention of the boys - and they get value by gaining the attention of any boys the queen rejects. The prom queen of course gets value from the attention of everyone. So within that circle of influence everyone is giving and receiving value so it works.


Now bring that lesson into the business world and you will see it working just as effectively. A hairdresser that cuts children's hair for free is going to give value to the family, so the family will give all their custom to that business. Not only that, they will want to tell their friends of the great value they are getting, because by sharing that value they giving positive input into their friends lives.


This can work with any business. Find a way to give value to people. Provide a free service, free product, free advice anything that generates positive credits in other people lives, and they will then be happy to allow you to make a withdrawal from their emotional bank account by making a withdrawal from their physical bank account.This is why attraction marketing is also referred to as permission marketing.



Remember that making a deposit first is the golden principle behind Attraction Marketing.
 
Dean McNamara is the author of the Success Tips at MagneticNetwork.com and also runs NZ Marketing Systems
Article Source: ArticleProductions.com
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Sunday, August 22, 2010

Who's Buying Now: The Feds Never Stop....and That Means Opportunity for You!

How can you grow your small business in the middle of the Great Recession? Why not turn to a prospective client who buys a lot of everything and always pays on time – Uncle Sam! Through participating in the federal government’s reverse auction buys through FedBid, WBEs (Woman Business Enterprises) – and all small businesses – can quickly tap into billions of dollars in goods and services buys each month.

OK, we hear doom and gloom on the news that we watch and read on a 24/7 basis everyday. And in many ways, it is a vicious cycle – as each trickle of bad news seems to add-up to a flood of ill-tidings that makes it seem that when it comes to opportunities to make it in this world, well, one might as well grab a pillow, pull the covers up, and just spend your days watching Law & Order reruns and keeping up with those wacky, yet curvy, Kardashian sisters!


Well, some observers have really good tips for those who still believe that America is indeed the “Land of Opportunity” – and why did we ever doubt it! That’s because no matter how the economy is doing and how reluctant businesses of all sizes – and individuals – may be to spend, one entity is buying billions of dollars of “stuff” every hour of every day – yes, the federal government! And as Denise Gosnell and Jynell Berkshire of Working Moms Only (http://workingmomsonly.com/) recently pointed out, you don’t need a lot of money or friends in Washington – or millions of dollars in lobbying – to make an opportunity for yourself and for the small business you have – or one that you could create, today!.

Gosnell and Berkshire recently authored an article with the eye-catching headline, “How Women Business Owners Can Obtain Billionaire Clients Who Always Pay On Time” (http://workingmomsonly.com/issues/how-women-business-owners-can-obtain-billionaire-clients-who-always-pay-on-time/). They pointed-out the advantages that WBEs (Woman Business Enterprises) have in the world of federal contracting – and give step-by-step directions on how to build a business – quickly – through getting involved as a supplier of “something” or some service to the federal government. Specifically, these authors highlighted how easy it is for ANY small business to get involved in federal procurement through the opportunities provided to WBEs by FedBid, Inc. of Vienna, Virginia (http://www.fedbid.com/), observing that:

Here is a golden nugget that most certified businesses aren’t even aware of. There is also a third way that the U.S. federal government uses to buy goods and services. That method is called FedBid (www.fedbid.com) and is a reverse auction (kind of like eBay) where you can bid on what you are willing to provide the product or service for. The government then awards the project to the bidder who best met the requirements. The winning bidder will usually be the bidder who offered the lowest price. If you wanted to, you could have an entire business that just focuses on supplying the federal government with what it is looking for on FedBid.com.

Wow! Think of it, you can build your business from the ground-up, based on a single, always reliable client who always wants – and needs – to buy more, and who always pays on time. Even better, you can follow the steps outlined in FedBid’s Getting Started Guide (http://www.fedbid.com/sellers/getting_started/) to begin building your business through participating in reverse auction buys being conducted every day by numerous federal agencies. And if you run into any difficulties, you can contact FedBid’s helpful staff for assistance on the web (mailto:clientservices@fedbid.com) or via a toll-free number (877-933-3243).

So, even if you’re not a small business that fits the WBE categorization, you should really explore how you can grow and expand your business opportunities through tapping into the hundreds of billions of dollars of federal procurement dollars. Experience has shown that reverse auctions create new opportunities for small businesses that participate in these buying events, and FedBid’s staff can help guide you through the process. All in all, it’s a no-risk proposition for any business to expand their horizons and explore new possibilities by becoming involved in the world of federal procurement.


BIOGRAPHY
David C. Wyld (dwyld.kwu@gmail.com) is the Robert Maurin Professor of Management at Southeastern Louisiana University in Hammond, Louisiana. He is a management consultant, researcher/writer, and executive educator. He is the director of the Reverse Auction Research Center: http://reverseauctionresearch.blogspot.com/. His blog, Wyld About Business, can be viewed at http://wyld-business.blogspot.com/. He also maintains compilations of his student’s publications regarding management concepts (http://toptenmanagement.blogspot.com/), book reviews (http://wyld-about-books.blogspot.com/) and international foods (http://wyld-about-food.blogspot.com/).

From the Reverse Auction Research Center: http://reverseauctionresearch.blogspot.com/

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Wednesday, August 18, 2010

Why Didn't I Think of That Number 2: Silly Bandz

Silly Bandz.Image by Patrick Gage via Flickr

Yep, leave it to my friend Steve Czaban to capture the perfect sentiment on the latest kid craze - Silly Bandz. View his video below:


What's silly - and sad - is that we didn't think of this first and then, we could retire off selling overpriced rubber bands!!

Well, let's keep out ear to the ground for the next trend coming down the pipe! In the meantime, back to work!

David

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Saturday, August 14, 2010

Take This Job and Shove It (Or Slide Out of It): The 15 Minutes of Fame for Steven Slater | Socyberty


Perhaps the dream of all frustrated with their jobs, their customers, their boss - see and share:
Take This Job and Shove It (Or Slide Out of It): The 15 Minutes of Fame for Steven Slater | Socyberty
David
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