Your cash flow position is a reflection of how well you are doing your job as a leader. It is a measure of the success (or lack thereof) of the execution of your strategic intentions. Hence it is critical that you often put on your financial hat in addition to whatever other hats you wear. Think of cash flow as the pulse of your business. Just as a doctor uses your pulse rate for diagnosis, so should you be evaluating your cash flow frequently to feel the pulse of your business.
Guest post by Cameron Watson - Though the effort to understand the term “IT methodology” may appear to be long, winding and Greek to many, there is a difference between the “road” used to get to the destination and the “activities” that will be performed while on the road and heading to the destination. While most people will agree that it’s important to agree on the goal of a project, we tend to forget that agreeing on how we will achieve that goal is just as important.
Marc Raul is today’s guest. He is the product specialist with Brother Canada. He talks about how to go about acquiring good quality small business infrastructure such as printer. Most small business owners working in their home office require three key pieces of equipment: a phone, a computer and a printer. Yet when you want to buy a printer, there are so many different models and features to consider that the task can be daunting. To facilitate the decision-making process, here is a list of what to consider before you buy.
Successful strategy formulation requires business sense, shrewd industry and competitive analysis. On the other hand successful strategy implementation requires strong leadership, proper resource allocation, business processes and policies that support the strategy and a very high level of focus. It is an operations activity. Here is strategy explained by a few individuals in 140 characters or less.