Innovation is at the heart of entrepreneurship. All aspiring business owners should understand what innovation is, why it’s important, and how they can take advantage of it in their own businesses. If you are still looking for new ideas to drive business growth, the 6 conditions below will help you drive innovation for your teams or organizations. Innovation is not only interesting, it’s crucial for business growth. Father of management thinking – Peter Drucker – said that “Business has only two functions: marketing and innovating.” Teams in companies all around the world are required to be “innovative.” However, this is
We often hear quotes such as “Giving up is not the option” or “Don’t ever give up” which generally implies that quitting is the shortest way to failure. Sometimes, however, to become successful and get closer to the person we can become, we don’t need to add more things — we need to give up on some of them. Here are the top 10 things to be eliminated from your path to a more prosperous life. 1. Give up on the unhealthy lifestyle Do you feel tired, sluggish, and unmotivated? Does the thought of trying to improve your eating
We’re living in an age where anyone can easily call themselves an “expert.” But that doesn’t always translate to being perceived as one. Those who are truly respected in their fields often possess a unique skill or perspective – they know how to provide value to the people that they want to serve. Some people rise to industry prominence because of external circumstances. But for most people, getting to a high level in their field requires strategic planning, commitment, time, and patience. Being exceptional in a field is not an overnight journey. Here are some pieces of advice to be
Great leaders come in all shapes and forms. While various reasons make a leader stand out, one of the most common is a great capacity for crucial emotional intelligence skills. There are countless benefits of emotional intelligence abilities in the workplace, from being able to communicate more effectively, dealing with stress better to resolving conflicts efficiently. With the way the market has changed, IQ and technical expertise alone are no longer sufficient to be successful as a leader or to move up in an organization. Of course, leaders do not start out with all of these skills at the beginning.
When your employees work efficiently together, everyone wins-you, your business, and your customers. There is no doubt that teamwork boosts collaboration and communication that makes it easier for employees to handle their work. It’s the glue that holds a company together. When you take a group of independently talented people and create a team in which they can merge their talents, not only will a remarkable amount of energy and creativity be released, but their performance, loyalty, and engagement will be greatly improved. According to a survey conducted by Deloitte of 3,300 executives in 106 countries, team culture is the
The philosopher René Descartes’s proposition “I think, therefore I am” is partly reflecting the spirit of most businesses in the present situation. After the initial “anaphylactic shock” due to the COVID-19 epidemic, they have now been forced to find the optimal way to maintain operations if they do not want to sink into crisis or bankruptcy. The Epidemic COVID-19 as a “reagent dose” to test the health of the business community on a global level? How quickly they respond to the crisis is also a measure of their strengths, weaknesses, challenges, and opportunities ahead. In fact, when the epidemic was
What do Product Managers do? This article will explain about Product Manager in software development and Agile methodology although Product Manager is not limited to the technology sector and Agile approach. You can also find Product Managers in other sectors like financial & banking, retails, logistics or even healthcare. In general, Product Managers are the ones that ensure all company departments including management, developers, and stakeholders are together moving the product forward. Product Managers in software development commonly do: Observing clients, stakeholders, product performance, and market research to identify which features to build Overseeing existing priorities and team resources (financial