Business Planning

GE CEO: It is the end of the 'global elite'

America "will be less of a leader in trade" in the coming years, according to Jeff Immelt, GE's chairman and CEO.<p>"We're in an era when some very basic assumptions about the global economy are being tested," he said in his annual letter to shareholders. "There is deep skepticism toward the ideas …

Globalization

The 5 Skills and Behaviors That Make Entrepreneurs Successful, According to Harvard Research

Vision, mission, focus, experience, education, emotional intelligence, grit, genetics... what makes an entrepreneur successful? Harvard tells us.<p>Richard Branson has tremendous passion. Elon Musk sees no limitations. Steve Jobs was relentlessly focused on perfection and the customer experience. …

Entrepreneurship

Here's How Self-Service Is Changing Your Workplace

Five years ago, Marc Andreeson predicted that software would eat the world. As a testament to that prediction, self-service is rapidly taking over.<p>ATMs were born the day businessman John Shepherd-Barron raced to his bank to withdraw money, only to find that he'd made it there one minute after the …

Business

Amazon: Rising Forever?

Amazon achieved a paradigm shift of running businesses.<p>Amazon grows strongly investing part of the high cash flow it can generate.<p>Keeping its high …

Investing

3 Ways Virtual Workers Make Organizations More Effective

Avoiding in-office distractions can be a major plus for your company.<p>As the American workplace evolves, more and more companies are thinking of ways to increase productivity without reducing the caliber and engagement of their teams. Additionally, there is increased pressure on venture-backed …

The Workplace

Hewlett Packard Enterprise Earnings - Has The Company Done A U-Turn On A Trip To Nowhere?

HPE reported earnings late last week that were very poorly received.<p>Although reported EPS exceeded expectations, revenues were a miss and guidance …

Investing

Law Firm Leadership Survey: Top Strategic Initiatives Of 2017

<b>The Burning Issues Facing Firm Leaders in 2017</b><p>Legal consultant Patrick J. McKenna and I recently presented law firm leaders (from firms ranging in size from <100 – 1000+ attorneys) with a selection of over 50 timely and “burning issues” – those critical business issues concerning technology, market …

Governance

6 Best Tips for Building a Successful Shipping Business

If shipping is your thing, then the few tips below will certainly help you get you set up.<p>One aspect of all business procedures that will probably never change is the delivery of physical goods. This business in itself only used to be a luxury of the wealthy. But the internet has made it …

Small Business

Become a better design leader with competitive analysis

We know we should gather information like competitor website changes, product improvements, and review, but it’s a time-consuming process. On top of …

UX Design

4 Steps to Getting the Most Out of Consultants

How to ensure you get the very best from any specialist you hire.<p>There are many benefits to hiring an external consultant across almost any vertical -- be it sales, marketing, programming or business strategy, bringing in specialists can be an important step in overcoming obstacles and achieving …

Small Business

Why Being A Millennial Is A Competitive Advantage In The Tough Restaurant Industry

Millennials, due the size of the generation and familiarity with technology, bring a perspective that changes entire industries. How do they create change in an industry as old as the restaurant business?<p>Every industry is competitive, but the restaurant industry is one of the most competitive in …

Millennials

Patterson Companies: Transitioning To Benefit From Long-Term Positive Trends

The company, which sells into markets with long-term favorable trends, continues to face adverse circumstances and now considers its fiscal year 2017 …

Stocks

Business Case for Serverless

You can’t pick a technical direction without considering the business implications. Mat Ellis, Founder/CEO of Cloudability, in a recent CloudCast …

Scalability

How To Build A Trust-Based Cost Transformation

by Vinay Couto and Deniz Caglar<p>Large-scale cost restructurings can have a debilitating effect on the hearts and minds of employees, affecting those who stay as well as those who are let go. In our work with dozens of organizations implementing sweeping cost-cutting programs, we have observed …

Leadership

An EIC Analysis Of Chipotle

Chipotle currently finds itself in an industry ripe with competition and selection.<p>The company has a loyal following, which helps it weather tough …

Stocks

TCS confident of maintaining leadership position in domestic market, says CEO Rajesh Gopinathan

India's largest software services exporter TCS says it is confident of maintaining leadership position in the domestic market that is witnessing …

Innovation

Fitbit CEO Offers Turnaround Strategy

• Fortune, Monday, February 27, 2017 10:14 AM<p>After a year filled with tumbling sales, manufacturing problems, and a plunging stock price, Fitbit CEO …

Markets

10 Fundamentals to Master Agile Marketing

<i>Know yourself:</i> The key to differentiation is to thoroughly understand what makes your product, service or company stand out from the crowd.<p>What …

Customer Experience

Missed Merger Opportunity?

Last November, Publicis Chairman and Chief Executive Maurice Lévy, announced a merger to create an “unmatched leader”. This combination of two …

Business Strategy

Can sense a fantastic business momentum at the moment in India, says Rothschild

<b>Mumbai:</b> With a team of about 20 investment bankers, Rothschild and Co. has managed to be part of over 200 deals ranging from one of India's biggest …

Banking

The Willie Sutton Strategy

Willie Sutton robbed banks. He is credited with stealing over $2,000,000. When they asked Willie why he robbed banks, he replied: “Because that’s …

Small Business

Why are there no unicorns in AgTech?

Major changes are coming to the ag and food sector. The market demands it. 7.5 billion people need to eat, after all. We are seeing two core areas of innovation in the ag sector:<p>1. Technology is changing the way growers access and disseminate information. Consider innovations like remote sensing by …

Innovation

Warren Buffett defends the most controversial use of corporate cash

Warren Buffett doesn’t hate share repurchases.<p>In 2016, US corporates likely used $1 trillion repurchasing their own shares on the open market. This …

Stocks

Vast losses at RBS are a legacy of a failed system

Our economy is at a watershed. We need a new capitalism that will stop firms thinking in the short-term<p>It may have been nine years ago, but the financial crisis continues to throw its long shadow over Britain. Last week, RBS, at the time of the crisis the world’s biggest bank, announced another …

Business (UK)

4 Tips for Expanding Your Business Globally

How to break into an overseas market.<p>The dream of every small business is to grow beyond your own shores, but it comes with many challenges.<p>Not only will you face language barriers and time differences, but your business model can take a different shape when it expands globally. For a business to …

Small Business

How Patagonia Is Using New Metrics To Measure Success

PSFK attended NYU's Social Innovation Symposium to hear how companies are striving to create social value

Patagonia

Why Assign a Lion to Be a Dog?

Too often, the bureaucracy of top-down organizations stifles true innovation. Build a culture of open-minded exploration instead.<p>Command-and-control, top-down organizations have the most trouble innovating.<p>In particular, the fearful mindsets that review, align, and sign off on "decks" to be …

Leadership

Create a Marketing Center of Excellence to Increase the Bottom Line

If you saw the latest Gartner CMO spend report you know that budgets are on the rise for 2017, up to 12% of revenue. In the report Gartner states …

Business Strategy

Forrester Report: Your Digital Intelligence Strategy Must Match the Speed of your Customers

Tealium<p>Executive Summary<p>Digital intelligence, the practice of continuously optimizing customer experiences with data, analytics, and insights, fuels …

Business Strategy

The five-minute CIO: Chris Donnelly, BWG Group

“Every time you simplify something, you are reducing your costs,” says Chris Donnelly, IT director at BWG Group.<p>BWG Group is one of Ireland’s top …

Business Strategy