Category: Managment

The mystery behind trade companies

Trade companies are offering the availability of a certain product at a certain time. With this, they are similar to service companies.
A traditional trade company usually does not produce its own goods. Examples for huge trade companies or Univar (chemical industry), Amazon ( internet) or Ebay (internet).

However, more recently some of the worlds biggest trade [...]

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How to earn money with a company

We previously discussed how different types of companies are working. Let’s have a closer look at the different business models a company can employ to earn money.
Since I have been involved in the internet industry for years, you will find some models that are quite industry specific. However, I tried to include several ways “traditional” [...]

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Personal Branding: IT Professionals’ Four Pain Points

IT pros sense that personal branding can advance their careers, but they sometimes have trouble putting it into practice.
I’m always amazed at the amount of traffic personal branding stories generate for CIO.com. My last story on the topic, 6 Personal Branding Mistakes that Can Threaten Your Job Search, turned nearly 16,000 page views in its [...]

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Business intelligence strategy success a matter of alignment

NATIONAL HARBOR, MD. — Business intelligence (BI) remains a top investment priority for companies of all sizes, but there are disconnects between these investments and the business value derived. In fact, only 15% to 20% of business users in organizations that have a business intelligence strategy are actually using BI tools, according to Gartner Inc.
Analysts [...]

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IBM IT Strategy and Architecture Services: the road to IT improvement and business success

Rethink your IT architecture and strategy
IT architecture and strategy services from IBM are designed to help you establish a business-driven approach to infrastructure architecture and the management of IT-enabled business services. We can help you identify opportunities for reduced costs, reduced risk, improved quality and greater business value. Strategy and Planning services produce a roadmap [...]

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How to Develop a Technology Investment Strategy

While most small businesses require technology to grow, they are also likely to have tight budgets and be unable to invest in “pie in the sky” IT projects with no guaranteed returns. That’s why it’s important to lay down a technology investment strategy that aligns with the specific goals of your organization.
Begin by looking at [...]

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How to Plan Your IT Budget

Small business owners are accustomed to drawing up an annual budget for overhead and other operating expenses, but when it comes to IT planning the procedure is not always as straightforward. Technology can be a difficult line item because it combines current IT maintenance with longer-term planning, and business necessities with business development.
Fortunately, there are [...]

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How to Build a High-Traffic Web Site

Since posting my 2005 traffic figures recently, I’ve received many questions about how I was able to start this web site from scratch and build its traffic to over 700,000 visitors per month (Jan 2006 projection) in about 15 months — without spending any money on marketing or promotion.  Building a high-traffic web site was my intention [...]

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Inventory Management: Use 80-20 Rule, Test New Products

How do you decide what products to sell on your ecommerce store? And where do you buy the products? These are questions that most smaller ecommerce merchants struggle with. Here are a few tips to help.
Decide Which Products to Sell

Offer a variety. As a retailer, the breadth of your catalog is often more important that [...]

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CRM Tips: Delete the Delete Privilege

CRM systems are designed to be user friendly, not imposing undue security in the interest of usability and fast adoption. CRM users are business people who aren’t likely to put up with sound arguments about the need for data hygiene. After a few months of disappearing data and incomplete reports, theyre more likely to listen…but [...]

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