Two Studies Indicate Need for IT Pros to Get Businesslike
Updated Feb. 1, 2012 CEOs have long complained to me about information technology. They complain about high-priced consultants, and that IT projects are too expensive and fail to yield a return on investment. Now, two 2011 studies underscore the need for IT professionals to become more businesslike. Study No. 1 At ITBusinessEdge, Ann All [...]
[Read more...]Embezzlement – Tips to Protect Your Nonprofit or Company Assets
Embezzlement is a widespread nightmare in business and the public sector. If you surf the Internet using the key word, embezzlement, you’ll find seemingly countless headlines. Upper management commits 18 percent of fraud, according to the Association of Certified Fraud Examiners (ACFE) in 2010. ACFE also said accounting department employees commit 29 percent of [...]
[Read more...]8 Tips to Optimize Sales with Social Media, But Beware of a Red Flag
Updated Feb. 1, 2012 It’s time-consuming, but there is data to illustrate why social media should be part of your marketing and human-resources recruiting mix. For example, social networking continued to increase in popularity with consumers in the United States, according to the Pew Research Center’s Internet and American Life Project in 2011. Pew reports 50 [...]
[Read more...]Accounting / Finance – Why and How to Determine Your Break-Even Point
Best practices in management mean having the right information to alleviate uncertainty in business. For that you need the right tools. One important tool – know your break-even point (BEP). A BEP analysis should be an integral part of your financial planning. If it isn’t, you can count on suffering from unnecessary stress – emotionally [...]
[Read more...]Federal Reserve Typifies What’s Wrong with Economy
Updated Feb. 1, 2012 There’s a troubling schism in U.S. politics, monetary policy and management of the economy. Sure, at first blush, I agreed with a former GOP presidential candidate who raised eyebrows with his criticism of sacred cows. Rick Perry said Social Security is an “illegal Ponzi scheme” and he equates the Fed’s monetary [...]
[Read more...]6 Values for Financial Protection
Part two of two-part series: “Solutions for a Roller Coaster Marketplace” Esteemed associate Joey Tamer astutely points out that debt is the catalyst for all financial woes – for individuals and the aggregate economy in the United States and globally. To illustrate, she asserts the first credit card issued by Bank of America enticed baby [...]
[Read more...]After Taking Us for a Ride, A Vacation Is Warranted for Obama
Aug. 20, 2011 Frankly, I don’t understand the brouhaha over the Obama family’s vacation, decadent or otherwise. Critics who called on President Obama to cancel his Martha Vineyard vacation have been misguided. Aren’t they over-reacting? True, the timing of his vacation could have been better. Much of the country is suffering. World markets are [...]
[Read more...]The Eight Best Practices in Small Business Marketing
True, the constant drumbeat of bad economic news can be disconcerting. For many small businesspeople, the news can be so unnerving it leads to fear. But fear can be healthy if used as a motivator to act. And act you should. In small business marketing, here are the eight best practices: 1. Market your [...]
[Read more...]Does the Federal Reserve Understand Small Business?
To answer the question, I have a simple one-word answer: No. It appears at least one of the Federal Reserve’s 12 districts does not have a practitioner’s understanding of small business. Small business is really the straw that stirs the drink in the nation’s ability to increase the number of jobs in this country. According to Small [...]
[Read more...]Options to Navigate This Marketplace Bedlam
Part one of two-part series: “Solutions for a Roller Coaster Marketplace” OK, it’s been a wild ride, right? Uncertainties regarding Wall Street and funding are setting off alarm bells. But if you’re looking for capital, there are reasons to hope, according to leading consultant Joey Tamer. Ms. Tamer acknowledges that the wildly gyrating stock market and [...]
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