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Traditionally, leadership has been taught as a set of large tasks such as communicating with important people or teaching someone to do something, getting work done from employees, etc. But in practice, there are certain methods that need to be practiced in order to lead well. The best way to learn this is to associate yourself with a business.
2023-12-23 00:50:26
For over three decades, TED has been captivating audiences with talks from exceptional speakers at their conferences. This article delves into how these speakers prepare for their presentations at TED. The president of TED shares five tips for delivering a powerful presentation, including structuring your story by determining where to begin and end.
2023-12-23 00:50:26
Business planning is not always bad. But trying to write the “perfect” business plan can make you wrong in every detail instead of right in the big picture. One issue is that most people focus on things in business plans that have little to do with what will really happen. Many start-up plans show some huge potential market and how getting a tiny slice of it will make them and investors rich. A business person selling a soap bar for a dollar every month to just 0.5% percent of the people in China. It sounds like a $100M business! But good luck making it happen.
2023-12-23 00:50:26
For many entrepreneurs, strategy often seems to be an afterthought, and the process of creating a great product through experimentation. So think first, then measure, and then figure out the business model if successful. But it is true that having a mesmerizing product that the customer wants to buy is not comparable to anything else. However, they are considered not a substitute for a clear strategy. One of the trickier issues in strategy is that, instead of putting too much emphasis on one part, founders can make the best of their familiarity with fundamental principles. The first point I’m proposing here is – the most fundamental question every successful business must answer – how are you creating value for your product and who are you making it for? How are you planning to release that product to the market? And how is your product different from others and what is its source?
2023-12-23 00:50:26
The Covid-19 pandemic and the global recession have created tough conditions for many businesses around the world. These conditions are similar to the uncertain and risky environment that Silicon Valley startups face when they aim for fast growth and high valuation. However, the unicorn model may not be the best fit for these times. A better alternative is the camel model, which is based on the ability to survive and thrive in harsh situations. Camels can adapt to extreme climates and go without water for long periods. Some startups, such as Oot, have followed the camel model and succeeded in different industries. They have done so by focusing on three strategies: they build consistency; They think long-term, and they innovate their business models.
2023-12-23 00:50:26
Traditional models are still relevant for leaders. Nowadays, being the smartest person in the room or being driven by power, fame, glory or money is not appropriate. The nature of work has changed towards mechanization. Repetitive work requires both work and creativity.
2023-12-23 00:50:26
Conventional methods of interviewing that have been around for ages are no longer effective. For example, there are no more sudden questions in interviews. Thanks to websites like Glasdoor.com candidates get to know the questions and their answers in advance. And using that information, candidates now regularly prepare and videotape their practice to make their answers, if not perfect, universally impressive.
2023-12-23 00:50:26
Many companies business strategy often fail due to changes in the market or society. However, these failures are not only measurable, but also avoidable. One factor that is frequently overlooked is the impact of new techniques on people’s lifestyles and well-being. When people adopt new techniques, they also experience losses in terms of social security, economic security, and other aspects of their lives. These losses can affect their satisfaction and loyalty to a company. Small companies in our country tend to focus only on profit and ignore these losses. As a result, they face a crisis of survival in the long run.
2023-12-23 00:50:26
The Diffusion of Innovation (DOI) Theory, developed by E.M. Rogers in 1962, is a well-regarded framework that explains how ideas, products, or behaviors spread through a society or organization. For business managers, understanding this theory can be invaluable for introducing new products, fostering change, and maximizing the reach of an innovation within a target market. Let’s dive into what DOI Theory offers, how it can help business managers, and some practical steps for putting it into action.
2024-11-13 10:32:35