Alertness is a characteristic that can be acquired with practice. The person wanting to start a business should practice searching for opportunities. Successful search finds its rewards in continuing innovation, which is the foundation of profitability.
How entrepreneurs have deployed their ideas to achieve business success and even to push further into the realm of social responsibility? While some examples are obvious, we will also be discussing the essence of these innovations, and how they can be applied to your business.
He once said ‘the consumer isn’t a moron; she is your wife’, showing his belief that treatment of the customer as an individual and a coeval, even someone with whom you have a close relationship, is the key to success in marketing.
Emotional Intelligence is increasingly relevant to organizational development and developing people, because the EQ principles provide a new way to understand and assess people’s behaviours, management styles, attitudes, interpersonal skills, and potential. Emotional Intelligence is an important consideration in human resources planning, job profiling, recruitment interviewing and selection, management development, customer relations and customer service, and more.
There has not been a single invention from India in the last 60 years that became a household name globally, nor any idea that led to “earth shaking” invention to “delight global citizens”, N R Narayana Murthy said.
He said almost all inventions such as cars, electric bulb, radio, television, computers, Internet, wifi, MRI, laser, robots and many other gadgets and technology happened, “thanks to the research by Western Universities”.
A high-powered committee of the department of telecom which was given responsibility of making recommendations on how India should treat net neutrality and regulates the internet has passed the buck on contentious issues to the telecom regulator, with an indication of positive support from the committee members.
‘Double Your Profits in 6 Months or Less,’ by Robert Fifer, is a succinct guide to increasing operating profits by the elimination of unnecessary costs. Similarly, Six Sigma and Lean principles center around lowering operational costs through increased efficiency, reduced errors, and eliminated non value-add steps.