How do organizations manage social media effectively? Every organization wants to implement social media, but it is difficult to create processes and mange employees to make this happen. Most social media books focus on strategies for communicating with customers, but they fail to address the internal process that takes place within a business before those [...]
February 6th, 2010 value investor A recent mass layoff at my company has given me a fresh perspective on layoffs. Normally, as an investor, we see layoffs as a courageous way to drive profits forward by shaking off some areas of weakness. I have personally invested in companies shortly after a mass layoff if I [...]
The early warning signs of financial trouble can be as obvious as a lost job, a layoff, or a huge medical bill, or as secretive as an addiction. In either case, you and your partner (if you have a partner) should remain on the lookout for these warning signs and work together to build a [...]
How do you buy a carpet? Although it is a common and simple question, there is no single answer for it. Area rugs add beauty and style, charm and elegance, personality and pride to any home. There’s a lot to know and consider before buying your new area rug but it’s well worth the effort. [...]
You have successfully started your small business and consistently maintained hefty profit. Yet, you might don’t even think about potential incidents that could happen in the future. Regardless of location, your business may be vulnerable. Burglary, robbery, and theft are some of the greatest sources of crime losses for businesses. Every year a large number [...]
Teaching Math at Wharton A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price. What is his profit? Please create six different financial scenarios with notes. Teaching Math at Columbia A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the [...]
One of your major goals in life should be financial independence. You must aim to reach the point where you have enough money so that you never have to worry about money again. The good news is that financial independence is easier to achieve today than it has ever been before. We live in the [...]
It’s hard to manage any organization so that its long-term interests aren’t sacrificed to short-term expedience. But there is an added wrinkle for organizations whose operations are globally dispersed: Cultural orientation toward the future varies widely the world over. Mansour Javidan and his colleagues discovered that looks at how cultures vary in relation to a [...]
Dry eyes affect some 30% to 40% of the adult population, according to Eyecare Business magazine. The main culprit? Computer use. To help reduce dryness and eye fatigue, try one or more of these exercises during long stints in front of your PC. Look away from your screen every 30 minutes, and focus for five [...]