The question, “What is Diversification and what is the best strategy to take?” is a common question we receive from our clients. Business diversification is the process by which a company or organization employs the diversification business strategy as a means to an end. This occurs when a company tries to enter a new market […]
A business strategy definition is the means by which a company sets out to achieve its desired goal or objective. Strategic planning is the holy grail for most businesses, regardless of size. It’s the first thing you learn in Business 101, and we’re taught that it’s vital to the success of any enterprise. What business […]
With the mobile revolution at hand, it’s surprising how many companies simply aren’t ready for it. A survey of more than 700 organizations over the past 12 months showed only 4% of respondents are in the process of developing apps for the plethora of mobile devices hitting the market. That’s odd, given that 100% of […]
In these days when innovation is everything and excellence is the minimum benchmark, companies are hard-pressed to generate new ideas and fresh ways of conducting their operations. Spurring employee creativity helps develop a team of people who can put their heads together and come up with original suggestions. Workers are often cocooned by the parameters of […]
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