For an entrepreneur, market analysis is a way to find answers to what and how to sell. Qualitative research opens up new niches for trading, helps to identify competitors’ advantages, and studies the desires of its target audience. Market research keeps you ahead of your competitors. How do you conduct eCommerce market research? Continue reading How Do You Conduct eCommerce Market Research?
Writing Information Security Policy must address the mushrooming size of the physical Internet, the ever-increasing volume of data being squeezed through it, and the wider range of information security. When you say “computer security”, what comes to mind most often are external threats: hackers, malware, viruses, botnets. But when you look at computer and IT trends, new technologies — mobile devices, social networking, and the like — pose a much greater threat to the integrity of your company. What should you write in your information security policy?
Finding clients who want to work for you long-term can often be challenging. That is especially true if your line of work is filled with other businesses offering similar services to yours. Even if you’re offering innovative services or products, treating clients professionally should always be your imperative. How do you make a client feel special? Continue reading How Do You Make a Client Feel Special?
From its inception, information technology (IT) has been changing the way business is done. IT is changing the basis of business from labor and manual skills to knowledge management. The jobs required by information technology in business, as well as the technology itself, are changing the social system of your organization. Information technology is key to a firm’s competitiveness — organizations that are unable to adapt to the rapid pace of technology change will not survive in the marketplace of the future. Let’s look at how information technology is changing organizations. Continue reading How Is Information Technology Changing Organizations?
It’s difficult to construct a cohesive workforce where each individual is committed to collaboration, effective teamwork, and collective progression. Even when you do form your dream team, there are still challenges attributed to bringing everyone together for a team meeting or brainstorming session. But some of the best ideas can come out of brainstorming sessions. So, it’s essential to lead them in a way that eliminates distraction and encourages engagement. Here are six tips for getting the most out of your brainstorming sessions with your employees. Continue reading How Brainstorming Can Improve Business Process Management
The COVID-19 pandemic entered our lives suddenly, impacted Business Process Management, and brought with it a rapid transition to new work systems and policies. For business process management, this has required plenty of changes all at once. Continue reading How has COVID Impacted Business Process Management?
Basic Cost Accounting Information starts with cost: a financial measure within your accounting management system defined as resources consumed or acquired in accomplishing a specified purpose such as performing a service, providing a product, or carrying out a project or program regardless of when the resources were ordered, received, or paid. Cost can be defined in a variety of ways depending on the objectives or information desired. Continue reading What Are the Uses of Cost Accounting Information?
The outbreak of the COVID-19 pandemic sent millions of people from working in an office to working remotely. This sudden shift left team managers, leaders, and business owners confused and worried about keeping the business up and running. This explains the sudden need for innovative KPI solutions with leading indicators for measuring organizational success, which begs the question: how do you measure the effectiveness of remote working? Continue reading How Do You Measure the Effectiveness of Remote Working?
I’m sure you’ve all heard of this topic – IT or Information Technology in Business. Yes, it’s a technology driven world out there. Given technology changes due to such things as Sarbanes Oxley, you will eventually have to align your business processes with your technology. Perhaps you are waiting because technology is expensive. Well, the amazing thing is that it’s getting cheaper all the time. A lot cheaper. Continue reading How to Use Information Technology in Business
Information defines your business, representing not only your organization’s past experience, but also its future potential. Your usage of technology to manage your information could be a source of strategic advantage. But information is not enough. You need knowledge and wisdom to build an organization. Continue reading Use Knowledge and Wisdom from Information as a Strategic Advantage