The 80-20 rule, also known as the Pareto Principle, is an aphorism which asserts that 80% of outcomes result from 20% of all causes for any given event. The widely know and used approach on identifying where the money is for the business, it might comes even 🖐 (handier) in times of uncertainty and allContinue reading “80-20 Rule : Simply Explained”
Tag Archives: leaders
What’s a“fish-bowl” meeting?
“A fishbowl conversation is a form of dialog that can be used when discussing topics within large groups. Fishbowl conversations are sometimes also used in participatory events such as unconferences. The advantage of fishbowl is that it allows the entire group to participate in a conversation. Several people can join the discussion.” Leaders can useContinue reading “What’s a“fish-bowl” meeting?”
What’s Vertical Integration
During these days I keep hearing about Vertical Integration and that the companies that stand a stronger chance of a bold comeback out of the crisis, are the ones adopting it. So let’s see the 🔑 points. Vertical integration is a strategy whereby a company owns or controls its suppliers, distributors, or retail locations toContinue reading “What’s Vertical Integration”
It’s a problem of leadership.
Contrary to what you believe, you don’t have a marketing or sales problem. Most businesses think they do. In reality, they have a leadership problem. While leadership is something most entrepreneurs think they have, the truth is that few actually possess the skills they need to lead. And when you simply “play” the role ofContinue reading “It’s a problem of leadership.”
7 Warning Signs of a Failing business.
I originally wrote this article during the 2008 Financial crisis in the U.K. whilst I was living there, and today I feel it might be relevant looking at how many business are or are going to suffer because of the health emergency caused by Covid. The first thing is a due distinction, there’s a thinContinue reading “7 Warning Signs of a Failing business.”