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BizShifts
A framework for thinking about business change and methods for sustaining change. Shifts in your thinking, your focus, your actions, and ultimately your Results.
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Recent Posts
- Pursuit of Perfect– Don’t Ignore Good Enough, which is often Good Enough: Balance the Law of Diminishing Return
- Leverage– Business Valuation– Know It, Understand It, Apply It: It’s a Pre-Requisite for Intelligent Decision-Making
- Idealized– WIN-WIN Strategy– It’s Less about Process, More about Tactics, Most about Results: The Prisoner’s Dilemma
- Reinvent Your Business Model: Think Customer, Aim Big, Move Fast– Kill the Old Business Model Before It Kills You
- Shadow World of Economic–Offsets– An Anomaly in Business Practice: Cost to Compete for International Trade Agreements
- Mind Mapping– Create a Visual Map That Sees Things Clearly: Capture–Concepts, Ideas, Plans, Strategy…
- Winners–Losers: It’s All About Having Real Grit, Superior Passion vs. Just Let It Happen– Don’t Get Bitter, Get Better
- The Changing Nature of Leadership– The Irrefutable Laws of Leadership: Shifting Perspectives on Leadership.
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Tag Archives: business
Pursuit of Perfect– Don’t Ignore Good Enough, which is often Good Enough: Balance the Law of Diminishing Return
Perfect: Perfect is the Enemy of Good is an aphorism or proverb which is commonly attributed to Voltaire (great French writer 1694-1778). The moral is that perfectionism is contrary to satisfactory competence… Aristotle, Confucius and other classic philosophers propounded the … Continue reading
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Tagged business, good enough, outcome, perfect, perfection, perfectionist, strategy
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Leverage– Business Valuation– Know It, Understand It, Apply It: It’s a Pre-Requisite for Intelligent Decision-Making
Business Valuation: Most business people know the value of their home, automobile… but have no idea on the value of their business. Most business management rely on simple formulas or multipliers that do not take into consideration many business variables, … Continue reading
Idealized– WIN-WIN Strategy– It’s Less about Process, More about Tactics, Most about Results: The Prisoner’s Dilemma
WIN-WIN ranks high on the list of over-used buzzwords, but many people have trouble understanding the counter intuitive notion that two sides can win in a negotiation… In theory, the win-win strategy is about changing conflict from adversarial– attack and defense– … Continue reading
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Tagged business, lose-lose, lose-win, strategy, win, win-lose, win-win
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Reinvent Your Business Model: Think Customer, Aim Big, Move Fast– Kill the Old Business Model Before It Kills You
Business models describe the rationale of how an organization creates, delivers, and captures value (e.g., economic, social, cultural, or other forms of value). Simply put, the business model describes– how a business positions itself within the value chain of its industry, and how … Continue reading
Shadow World of Economic–Offsets– An Anomaly in Business Practice: Cost to Compete for International Trade Agreements
Offsets are ‘terms in a sale’ that leverages the sale to obtain compensatory benefits for the buyer, generally in many international trade arrangements… Offsets are an integral part of trade agreements between companies (i.e., suppliers) and governments (i.e., buyers); whereby suppliers must agree to … Continue reading
Mind Mapping– Create a Visual Map That Sees Things Clearly: Capture–Concepts, Ideas, Plans, Strategy…
Mind Mapping: Mind mapping is the most effective, ‘brain friendly’ way for you to turn your unorganized, fleeting ideas and thoughts into a structured, visual ‘map’. A mind map resembles the visual aspects of a flow chart and the organization structure … Continue reading
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Tagged business, leadership, mind map, mind mapping, strategic planning, strategic thinking, strategy, visualization
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Winners–Losers: It’s All About Having Real Grit, Superior Passion vs. Just Let It Happen– Don’t Get Bitter, Get Better
Winners–Losers: Passion and perseverance may be more important to success (i.e., winners), than mere talent. In a world of instant gratification, ‘grit’ may yield the biggest payoff of all. Grit is defined as ‘perseverance and passion for long-term goals’, and it … Continue reading
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Tagged business, competition, losers, losing, management, organization, strategy, winners, winning
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The Changing Nature of Leadership– The Irrefutable Laws of Leadership: Shifting Perspectives on Leadership.
Leadership: What is it? What an obvious question! It may be interesting to note; that there is absolutely no consensus, among the experts, on the definition of ‘leadership’– despite how much it has been studied and written about. According to Warren … Continue reading
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Tagged business, corporation, lead, leaders, leadership, organization, vision
16 Comments
Corporate Spin-Offs–Bloomberg Spin-Offs Index: Valued–Parts Greater Than Whole… Focus on Core, Hunt for Value-Growth
Spin-offs: Merger-mania and bigger-is-better management mentality largely ruled the business world, but there are exceptions: Spin-offs. These provide an alternate path to prosperity, if the organization can weather the storms of such a radical change. Among the keys for spin-off success are … Continue reading
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Tagged acquisition, business, divestiture, leadership, management, merger, sell-off, sell-offs, spin-off, spin-offs, strategy
18 Comments
Age of Big Data– Mining for Value to Fuel Growth: Understand-Extract Real Business Value– Key Competitive Differentiator
Big Data: Every day, we create 2.5 quintillion bytes of data (i.e., 2.5 followed by 18 zeros)– so much that 90% of the data in the world today has been created in the last two years alone. This data comes … Continue reading
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Tagged analytics, bi, big data, business, business intelligence, competition, data, data mining, differentiation, management, strategy
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