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- How Does GE Address Global Issues in Innovative and Market-Changing Ways?
- GE has a rich history as an innovation leader. Managers have come up with a huge list of reasons why GE is synonymous with innovation, including diversity of businesses, constant growth and investment in R&D, commitment to eco-friendly technologies, and a global presence with a wide range of products. Imagination Breakthrough Leader Shahira Raineri outlines...
- Blog posts 2007-12-18
- How to Become a Better Persuader: Six Principles to Follow
- The phrase "always be closing" doesn't just resonate with salespeople. Effective leaders also need to have that "closing" skill -- the ability to sell other people on ideas. As former Chrysler chairman Lee Iacocca said, "You can have brilliant ideas, but if you can't get them across, your ideas won't...
- Blog posts 2007-12-06
- Sprint Nextel Has to Answer the Police's Call
- Sprint Nextel's been struggling since ever since the $36 billion merger, and now that ex-CEO Gary Forsee is out of the picture, the company's scaling back on its ill-conceived WiMax plans (aiming to bring the high-speed wireless network to only a few markets, as opposed to making it available to 300 million...
- Blog posts 2007-11-21
- How to Recover From a Bad Business Deal
- Bad deals happen to good people. Perhaps your company responded to industry changes with a good-on-paper strategy that failed to be transformational. Maybe some of the big guns made decisions based on high-up relationships but failed to foster the integration of corporate cultures. Or maybe conducting due diligence became more about...
- Blog posts 2007-10-16
- How to be a Demographic Realist
- There's an interesting article in strategy+business called "How to be a Demographic Realist" that presents some false assumptions about retirement -- something 21 percent of the global population will need to think about by 2100, as opposed to 7 percent now. It's probably not news to you that the burgeoning senior population faces some challenges...
- Blog posts 2007-09-26
- Satellite Radio Merger: What Customers SIRIUSly Want
- Mel Karmazin, CEO of Sirius Satellite Radio, discussed the proposed Sirius/XM merger at the Merrill Lynch Media and Entertainment Global Investor Conference in Marina del Ray, California. Karmazin highlighted the benefits for customers -- low-cost a la carte price plans that cost less than each company's current basic plans. ...
- Blog posts 2007-09-18
- Vonage Losing Customers: Who and What's to Blame?
- Although Internet phone service provider Vonage added 57,000 customers this quarter, Comcast, which bundles VoIP with other broadband services, added more than ten times more subscribers -- taking over as the industry leader. While Vonage founder and CEO Jeffrey Citron attributes the stalling customer growth to decreased advertising...
- Blog posts 2007-08-15
- Daily Dispatch: Sara Lee, Starbucks, Whole Foods, and AirTran
- Sara Lee Corp. saw a 7.1 percent increase in sales for 2007 in all six of its divisions. Much of the company's success can be attributed to its new customer-centric sales strategy, which focuses on the vendor as customer. Rather than relying on brokers, the company sells...
- Blog posts 2007-08-15
- PayPal Aims to Increase Business with Pay Later Option
- Earlier today, PayPal introduced its new service Pay Later which directly competes with 14 Commerce Inc's Pay Me Later, allowing participating e-merchants to offer credit financing through General Electric's GE Money Bank. The service offers financing options, such as no payments for 90 days to all buyers, even those who...
- Blog posts 2007-08-02
- Virtual Business: Play Fair Online
- Businesses are no longer using the internet as just a valuable tool; it's now becoming an integral component in the way they conduct their operations. Perhaps motivated by the Whole Foods scandal (CEO John Mackey used his false identity, or sockpuppet, to badmouth rival Wild Oats online) IBM recently created...
- Blog posts 2007-07-27
- Economy Grows While Consumer Spending Stalls
- Energy prices continue to soar, the stock market's seen better days and the housing market leaves much to be desired. Is it really wise to get excited over a 3.4 percent growth in the GDP from the first to second quarter? Maybe not. Bloomberg.com attributes the growth...
- Blog posts 2007-07-27
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