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Digg it UP - What Is Competitive Advantage?
How a Business Coach Can Assist You With Business Development
A business coach will help you with the skills that you need to manage and lead a successful small or medium sized business. They will assist you in setting your business development goals and make sure you become more responsible for what is your most important work, Business Development Work.As managers and business owners we are thrust into our positions through what is commonly referred to as “Promotion into Incompetence”. We move through the ranks or begin our own b
vantage in terms of competitiveness, where no exact definition is given because it is company or prA business coach will help you with the skills that you need to manage and lead a successful small or medium sized business. They will assist you in setting your business development goals and make sure you become more responsible for what is your most important work, Business Development Work.As managers and business owners we are thrust into our positions through what is commonly referred to as “Promotion into Incompetence”. We move through the ranks or begin our own b
Cost Of Postage Stamps
The US postal service delivers about 500 million pieces of mail everyday, which shows that the usage of stamps is quite high. Either this could be due to the lower stamp prices or people are still used to writing letters. The costs of stamps are mainly determined due to the popularity and are produced largely.Every year millions of letters are stuffed and mechanically hauled in service trucks, which take them to special sorting centers. From there the letters are put on
All of us in business are constantly thinking of ways to stay ahead of our competitors, but what actually is competitive advantage? Many strategy specialists discuss competitive advantage and the need for it in business, yet very few of them actually define the term. The difficulties in finding a suitable definition may simply be the result of competitive advantage meaning what it is; i.e. an advantage in terms of competitiveness, where no exact definition is given because it is company or proThe US postal service delivers about 500 million pieces of mail everyday, which shows that the usage of stamps is quite high. Either this could be due to the lower stamp prices or people are still used to writing letters. The costs of stamps are mainly determined due to the popularity and are produced largely.Every year millions of letters are stuffed and mechanically hauled in service trucks, which take them to special sorting centers. From there the letters are put on
Resume Success Factors--What Exactly Is A Resume Anyway?
You know you're good...real good. The problem, though, is that you are struggling to demonstrate just how good you are on paper.Ah...the resume. If you've ever written one you know what a challenging task it can be.The Gregg Reference Manual tells us some fundamental facts about resumes:The purpose of your resume is to get you an employment meeting. An interview. Your resume will not get you a job.Your resume is not a medium for te
tually is competitive advantage? Many strategy specialists discuss competitive advantage and the need for it in business, yet very few of them actually define the term. The difficulties in finding a suitable definition may simply be the result of competitive advantage meaning what it is; i.e. an advantage in terms of competitiveness, where no exact definition is given because it is company or prYou know you're good...real good. The problem, though, is that you are struggling to demonstrate just how good you are on paper.Ah...the resume. If you've ever written one you know what a challenging task it can be.The Gregg Reference Manual tells us some fundamental facts about resumes:The purpose of your resume is to get you an employment meeting. An interview. Your resume will not get you a job.Your resume is not a medium for te
Five Steps to Planning a Great Year
Have you started setting goals for the New Year yet? It’s a busy time with the holidays, and it’s hard to think about making time in your schedule for one more thing. But, it’s important to take time to plan for success.Planning your year ahead of time gives you an idea of how much work you’ll need to do weekly, and it can show you where deadlines might cross, and where you might be over-extending yourself. When you have a plan, it actually makes it easier for you to sa
d for it in business, yet very few of them actually define the term. The difficulties in finding a suitable definition may simply be the result of competitive advantage meaning what it is; i.e. an advantage in terms of competitiveness, where no exact definition is given because it is company or prHave you started setting goals for the New Year yet? It’s a busy time with the holidays, and it’s hard to think about making time in your schedule for one more thing. But, it’s important to take time to plan for success.Planning your year ahead of time gives you an idea of how much work you’ll need to do weekly, and it can show you where deadlines might cross, and where you might be over-extending yourself. When you have a plan, it actually makes it easier for you to sa
American Auto Makers Have to Change - So Do We!
The past few weeks have presented nothing but bad news for the formerly world leading American automobile industry. Henry Ford must be rolling over in his tomb. Alfred Sloan, the architect of the multi-division General Motors juggernaut, is a very sad “car guy” in the sky these days. Plant closings, huge employee layoffs, lost market share and horrid fiscal performance indicate that the “big three” (including Daimler-Chrysler) are in big trouble. They must change, and change is
suitable definition may simply be the result of competitive advantage meaning what it is; i.e. an advantage in terms of competitiveness, where no exact definition is given because it is company or prThe past few weeks have presented nothing but bad news for the formerly world leading American automobile industry. Henry Ford must be rolling over in his tomb. Alfred Sloan, the architect of the multi-division General Motors juggernaut, is a very sad “car guy” in the sky these days. Plant closings, huge employee layoffs, lost market share and horrid fiscal performance indicate that the “big three” (including Daimler-Chrysler) are in big trouble. They must change, and change is
What To Do When a Friend is Fired
It came out of the blue.My boss was called into her manager's office and, half an hour later and still in tears, she started clearing out her desk. To this day I don't know the official reason for her firing, but I suspect that she was the designated scapegoat for a project that was behind schedule and getting later. In truth, there was plenty of blame to spread around, but she got whacked - it still doesn't seem fair.It was a tragedy for her, but it was also bewi
vantage in terms of competitiveness, where no exact definition is given because it is company or product specific.It came out of the blue.My boss was called into her manager's office and, half an hour later and still in tears, she started clearing out her desk. To this day I don't know the official reason for her firing, but I suspect that she was the designated scapegoat for a project that was behind schedule and getting later. In truth, there was plenty of blame to spread around, but she got whacked - it still doesn't seem fair.It was a tragedy for her, but it was also bewi
The notion that competitive advantage is company specific is supported by Hay and Williamson (1991, p42), where they define the term as a, “deceptively simple idea of assessing a company’s capabilities and market position by how they give it advantage relative to competitors”. They bring forward the opinion that competitive advantage can only be found by making a comparison
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