Model #5 – Digital/Physical and Omnichannel

Five Models For Sustainable Growth Part Five of a Five-Part Series For several weeks we’ve been discussing business model innovation – a topic many of you have asked about. This is the final post of the five-part series. Previous posts covered Accelerators and Incubators, Premium, Personalized & Service-focused, Platforms & Ecosystems, and Subscriptions/Rentals. Model # 5 is Digital/Physical and Omnichannel E-commerce and brick-and-mortar are no longer two distinct entities. ...
Tags: Business, Strategy, Model, Innovation, Harvard Business Review, Growth, Omnichannel, Wayfair, Cross, Amazon Whole Foods, Incubators Premium Personalized Service, Omnichannel Customer

Keep Your Data Safe: What You Need to Know about IT Disaster Recovery

by Robert Clough According to research by Gartner, on average, IT downtime costs $5,600 a minute. That's why so many businesses use managed IT services to keep their systems up and running. But what happens in the event of a flood? An earthquake? A cyber attack? Planning how to cope with these disasters is vital if you want to keep downtime to a minimum. It's not a situation where you want to wait and see if something happens before you decide how to act. These strategies make up your IT ...
Tags: Technology, Small Business, Seo, Gartner, Don, Robert Clough

3 Keys to Keeping Your Employees Motivated

Motivation is defined as those factors that stimulate people to invest energy and continually commit to and be interested in a particular role, job or subject, or to exert effort to achieve a particular goal. This motivation is driven by both conscious and unconscious factors. Employee motivation to perform well in a job or role, […]
Tags: Sales, Human Resources, Keeping Employees Motivated

How To Develop Yourself As A Transformational Leader

The following is a guest piece by Nancy Chavira. Transformational leadership is an innovative way of leading others within a company. It’s different to other forms of leadership in that it encourages self-growth, ultimately for the betterment of the business. Without being a prime role model for colleagues and people ... Click to continue reading
Tags: Motivation, Leadership, Communication, Teamwork, Guest Posts, Collaboration, Vision, Organizational Values, Nancy Chavira Transformational

The 5 best Dave Ramsey quotes

I live in the same hometown as Dave Ramsey, and it seems like every other person I meet here works for Ramsey Solutions. But my admiration goes beyond my proximity to his home office. I’ve read his books, watched several of his videos, and even gone through his transformative course, Financial Peace University. Dave has a way with words. Over the years he has come up with some fantastic one-liners — succinct nuggets that sum up much of his wisdom. These Dave Ramsey quotes had a sign...
Tags: Quotes, Finance, Religion, Save Money, Dave Ramsey, No-thumb

Types of Small Business Loans You May Have Access To

Traditionally, a business needing money asked a bank for a loan. Banks can still provide great lending options, but business owners now have several other choices for borrowing. Let’s take a look at this ever-diversifying business loan market. Basic Types of Small Business Loans Traditional business loans still comprise a large percentage of business borrowing and offer a great starting point as we compare other products. Traditional business loans include: Term Loans SBA Loans Lines of Credi...
Tags: Business, Marketing, Chamber of Commerce, SBA, Small Business Administration SBA, SBA Loans Lines of Credit Equipment, Credibility Capital and Currency Capital SBA, Oak Lines of Credit A, OnDeck Ascentium Capital Currency, Bluevine Fundbox Invoice Financing Invoice

Creating An Innovation Centre of Excellence

So you want to create an Innovation Centre of Excellence? Let us first check that we are speaking about the same thing! First of all, the concept that I am describing could be applied directly to a company or perhaps an academic institution. It is however generic. If the ideas here interest you but you have any unanswered questions then please do get in touch and I will do my best to answer them for you. The most important concept for your Innovation Centre of Excellence (CoE) is that it touches...
Tags: Blog, Creativity, University, Innovation, Centre of Excellence, Innovation Centre of Excellence CoE

Grade A subject lines for back-to-school season

While summer heat waves may still be going strong, August means pens and binders and laptops aren’t too far off. Keep your business ahead of the curve by making the most of this back-to-school season. The National Retail Federation’s 2019 annual report states that back-to-college and back-to-school shopping are set to reach $80.7 billion this year, while families with children in K-12 plan to spend an average $696.70. That’s up from $684.79 in 2018 and tops the previous record of $688.62 set in ...
Tags: Business, Advertising, Deloitte, Copywriting, National Retail Federation, Email Subject Lines, School Excursions

Follow my commentary

Even though I post here occasionally, my regular monthly pieces are published on the Project Syndicate website and you can read them here. For a full list of my opinion pieces, go here. My research papers and books are here and here, respectively. Finally, if you want to follow me in the news, check out here.   
Tags: Sales

Small Businesses Worried About Corporate Concentration - and Especially Amazon

The Institute for Local Self-Reliance recently released its . The key finding is small independent businesses see large corporations - and especially Amazon - as their main competitive threat.  They also feel government policies have not helped. Key quote from their article on the study: Many public policy decisions in recent years have fueled market concentration and favored their big competitors. As the study chart below shows (click to enlarge), the survey respondents listed Amazon as their b...
Tags: Amazon, Sales, Trends, Government Policy, Small Business Economy, Institute for Local Self Reliance, Industry Structure, Especially Amazon

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