Interesting things to know!


How Air Jordans Became the Greatest Shoes of All Time!

10

Sep 2019

How Air Jordans Became the Greatest Shoes of All Time!

DEMAND SHAPING: FROM CELEBRITY SPONSORSHIP TO LIMITED RELEASE The modern-day sneaker culture was built on the celebrity limited release. When Michael Jordan first signed with Nike in 1984, the star-endorsed shoes were expected to produce $4 million in sales annually – they did $100 million in the first 9 months. Nike president and co-founder Phil Knight said it was “the perfect combination of a quality product, marketing,...

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Keeping Up with Customer Expectations

27

Aug 2019

Keeping Up with Customer Expectations

The customer is king — and the king expects to be treated royally. Kelly McKesten and Stéphanie Thomson, respectively a producer and an editor with Think with Google, report the phrase “the customer is king” can be traced back to the 1930s in book written by William Harold Hutt entitled Economists and the Public: A Study of Competition and Opinion. They assert the phrase has never been...

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5 Things Productive Entrepreneurs Do Each Day

16

Jul 2019

5 Things Productive Entrepreneurs Do Each Day

This is probably an understatement, but entrepreneurs are some of the busiest people around. A day in the life of an entrepreneur is chock-full of business decisions, research and networking. Because there’s so much to do and so little time to do so, entrepreneurs can easily get off track and become distracted with nonessentials. Chat or listen to some successful people, though, and you’ll notice...

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Look Around, Recognise, And Celebrate A Job Well Done

09

Jul 2019

Look Around, Recognise, And Celebrate A Job Well Done

Recognition is a fundamental human need. At the most basic level, it makes us feel valued, which is what inspires us to stay all bright-eyed and bushy-tailed at work. Out of all the things that matter in the workplace, helping employees feel appreciated is the most important one. Gladly, this isn’t something that I have learned the hard way. I have always believed that people...

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Save or Invest? How Companies Should Navigate Recessions

01

Jul 2019

Save or Invest? How Companies Should Navigate Recessions

The financial crisis and economic meltdown of 2007-2009 was disruptive for firms across industries, markets, and geographies.  It resulted in the collapse of the financial sector, radical changes in the regulatory and policy environment, and a severe contraction of the world economy. In fact, an economic meltdown of this magnitude fundamentally affects all aspects of firms’ business environment, unsettles their relationships with customers, employees, suppliers,...

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The Truck Driver Who Revolutionized Shipping Containers!

24

Jun 2019

The Truck Driver Who Revolutionized Shipping Containers!

Our 17th Hero of Progress is Malcom McLean, an American truck driver and, later, a businessman who developed the modern intermodal shipping container. McLean’s development of standardized shipping containers significantly reduced the cost of transporting cargo across the world. Lower shipping costs significantly boosted international trade which, in turn, helped to lift hundreds of millions of people out of poverty. McLean’s “containerization” remains a vital pillar of...

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As Your Team Gets Bigger, Your Leadership Style Has to Adapt

14

May 2019

As Your Team Gets Bigger, Your Leadership Style Has to Adapt

Back when our Facebook design team still fit around a conference table, a new designer joining our merry band was a momentous event. Everyone loved sitting down and showing her how we worked —where we kept our design files, what tools to download, which meetings to attend. We were grateful that someone else had come to help us accomplish more together. Two pizzas were still...

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When an Employee Is Underperforming, Ask Them to Evaluate Their Work

07

May 2019

When an Employee Is Underperforming, Ask Them to Evaluate Their Work

When a direct report is underperforming, being told as much may put them on the defensive. That’s why you should consider asking the person to evaluate their recent work. Doing so will open up the conversation and help you understand whether their view aligns with yours. Ask the employee what their key metrics are and whether they’re reaching them. If you two are in agreement,...

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What It Takes To Be A Great Employee: The Parable Of The Oranges

18

Apr 2019

What It Takes To Be A Great Employee: The Parable Of The Oranges

Being a great employee pays off with better positions, higher pay, and more frequent promotions. But some workers struggle to know exactly what it takes to become a truly great employee. As an Entrepreneur and CEO one of the most important elements of having a successful company is having a workforce of great employees. That is why it is so important that leaders are able to explain...

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Think of Delegating as a Chance to Teach Your Employees !

26

Feb 2019

Think of Delegating as a Chance to Teach Your Employees !

For many managers, the hardest part of delegating is trusting that a task will be done well. But it becomes easier when you think of it as a chance to train your staff — not just get rid of some work. The next time you need to delegate something, start by determining who on your team is ready to handle more responsibility. Then create simple...

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