The Seven Ss is formed in the late 1970s and early 1980s to be able to look through organizations and the various factors that helped or didn’t helped them reach the top. This framework is consisted of seven aspects, each beginning with the letter S so it can be memorized easily.
How Does Vertical Integration Works?Picture this: a food manufacturer and a chain of supermarkets decided to merge into one. This event is referred as vertical integration. This means merging together two business that happens to have different stages of production. This type of coming together can lead to forward integration which means merging for the development of production process.
The ABC’s of a Good LeaderGood leadership is something everyone wants to achieve whether the person happens to be a CEO, a banker, an entrepreneur or even an owner of a small scale business.
So how does one become a good leader? Here are important guidelines to keep in mind to help any person in the business industry to succeed and be of good example to others.
The Truth Behind Strategic PlanningWhat comes into mind when a person hears the word ’strategy’? Some may refer it to a plan, an approach or a way to attack something. Looking into the etymology of this word, this can be traced from the ancient Greek word strathgia which meant the art of generalship. Specifically, it concerns the planning and carrying out of a military campaign. As time passes, the military origin of this word gradually diminishes and became more of a term used in the corporate world.
Turn a Problem Into an OpportunityJust when you thought things are going smoothly between you and your client, some unexpected circumstances happen. Almost all consultant have their fair share of problems when it comes to doing business. Delayed business transactions, undefined goals and sudden change of plans are some of the problems consultants have to face in a daily basis.