Management & Strategy
UK Trades Union Congress: Shorter working day means better productivity - 04/18/2019
The largest British trade union association Trades Union Congress (TUC) has released a study on the ratio of working hours and productivity in 10 most developed EU countries. The union experts concluded that workers in Denmark and the Netherlands are the most productive. The longest working day and the lowest labor productivity was registered in the UK and Austria. The TUC, which unites 49...
Foxconn's founder to step down - 04/16/2019
Billionaire Terry Gou, founder of the world's largest electronics manufacturer Foxconn, intends to resign as chairman of the board of directors. The businessman followed Jack Ma’s thought about retirement. The founder of Foxconn, the world's largest manufacturer of electronic devices, billionaire Terry Gou will retire from leadership positions in the company. This will happen in the coming...
How to make people fall in love with your ideas - 04/12/2019
Creative people often come up with ideas and use their skills to implement them. But when it comes to presenting the plan to others, many of them fail. How to submit ideas so that they have a chance to survive? Let's see. Start with a goal Imagine that you have invented a new advertising campaign for an amazing brand. You have worked on it for several days, and you cannot wait to present it...
How to kill your business in just a year - 04/05/2019
90% of startups do not live enough to celebrate their first birthday. It's very easy to spoil everything in the first year of work. How to do it? Easy, just follow the steps below. 1. Think only about the idea Put your product upfront and forget about the consumer. Your product is so good that a client will sure be fond of it. Think not about about sales, do not outline the target audience and...
Better late than never: Tim Sloan leaves Wells Fargo - 04/01/2019
Recently Wells Fargo Bank has been constantly appearing in the center of scandals, and now Tim Sloan, its CEO, announced his resignation. The bank’s problems began in 2016, when it became known that its employees had created several million fraudulent accounts and credit cards. Since then, Wells Fargo has regularly been becoming the focus of regulators, and watchdogs constantly demanded renewal...
How to deal with negative and succeed - 03/22/2019
Negative customer feedback can become a path to success. Essentially, it signals that the company is developing and occupies a worthy place in its field. The greater is the growth and the higher is the place, the more negative are the reviews. The main rule of dealing with it is to always respond to them. There are 4 types of negative feedback. "Trolling" Trolls are users who...
Giving feedback the right way - 03/15/2019
Pointing at people’s mistakes is unpleasant, but important. Feedback is necessary for personal growth, and if a colleague, employee or partner does not cope with their job, you need to tell him about it. The problem is that a harsh feedback can offend and discourage the employee. On the other hand, the right approach can inspire, direct and bring the person to a new level. Do, how to criticize to...
4 rules for productive business trip - 03/08/2019
A business trip can be a joy for the soul, but also a lot of stress for the body. Setting off on a work trips, we experience a surge of adrenaline. It is much more than ordinary office everyday life. At the beginning of the trip you are active and cheerful. Later, however, the hormone fades away, and so does the enthusiasm and efficiency. Here are four main rules that will help you keep yourself...
Is it okay to ask for help in business? - 03/01/2019
Despite the fact that many successful entrepreneurs create the impression of self-sufficient people, most of them have asked for help many times. Asking for help is the best solution to get closer to success because to take on all the burdens that exceed your capabilities is silly and dangerous. Here are some tips for those who are uncomfortable to ask for help, who consider the request as a...
How to create a friendly atmosphere at negotiations - 02/22/2019
Sometimes emotions interfere with negotiations. They can destroy the possibility of a rational agreement, turn friendship into a long-term enmity and kill hope for a just resolution of the conflict. But at the same time, they can be an important positive factor. The main thing is to be able to benefit from them. Good or bad, most of the emotions that arise in the negotiation process are generated...