Marketing decision making
The fundamentals of marketing and marketing practices are not subject to this opinion. The purpose is to ask the most appropriate questions when selecting or weighing the decision to move forward with...
View ArticleEconomics of Advertising and Marketing
Economics of Advertising and Marketing A while back, we discussed general budgeting guidelines for advertising and marketing. In this post, we would like to address some very cost-effective internal...
View ArticleThe ever changing face of Public relations
The ever-changing face of Public relations It is no secret that the public relations sector has played a significant role in public perception of commercial and private entities. Equally, it is no...
View ArticleThe intrigues of Management Consulting
The intrigues of Management Consulting Management consulting is no different than any other advisory role. Though simplistic at first glance, it is not much different than a legal or medical advisor....
View ArticleBudgeting for a recession
Though it is obvious that financial restraints caused by the current credit crunch is impacting virtually all aspects of the economy, it is less obvious what small businesses can and should do to...
View ArticleLong Way too long
Long. Way too long. Something very interesting happened to one of our experiments today. Let’s take a step backward: three years ago, we wanted to experiment with the effectiveness and efficiency of...
View ArticleExecutive habits and the impact
Many times, it is rather obvious why bad business decisions are made. Other times, it seems like a mystery to outsiders. However, one of the most viable venues to explore the reasons for bad,...
View ArticlePeril of adviser gone bad
In the ever-changing global environment with steep local, regional, and international competition, it is hardly a mystery that most successful companies value their executive teams. However, it is...
View ArticleThe value of a domain
The value of a domain Depending on whom you ask, you will receive a variety of answers that may range from complex calculations of ad revenue to unique visitors from particular geo-locations....
View ArticleOur observations
The past few weeks and months have created an economic environment that has been less than helpful to small business owners’ psyches. Granted that the economic situation is real and dire, the greatest...
View ArticleMachine Learning 101
The post Machine Learning 101 appeared first on World Consulting Group.
View ArticleDon’t Pivot from reality
There is no doubt in my mind that after all that has occurred in the last 2 years; our psyches are bruised and battered. We are ready to act, react and make decisions that just a while back would have...
View ArticleProblem solving vs. Problem management
From our experience, there is generally very little attention paid to problem management as opposed to problem-solving (For reference on both concepts, please visit “ Problem Solving“and “ Problem...
View ArticleTypes and cycles of problem management
Before we get into the cycle of problem management, let’s discuss the two types of problem management: reactive vs. active problem management. The literal and descriptive names are highly appropriate:...
View ArticleWorkforce Management Disciplines
Workforce management is a complex and ever-changing field. Several approaches and disciplines make up the field, each with its tools and techniques. This blog post will explore some of the most popular...
View ArticleBusiness Systems 101
There are two main types of operating systems for businesses: management operating systems and business operating systems. Management operating systems help businesses manage their resources while...
View ArticleStrategies for Project Management
Strategies for Project Management Project management refers to the process of planning and executing projects, as well as monitoring them. Getting the job done promptly and within budget requires a lot...
View ArticleChange Management
Change management is an essential aspect of running a successful business. It involves planning, organizing, and implementing changes to successfully transition an organization from its current state...
View ArticleGrowth Mindset Vs Fixed Mindset: Which One Is Right For You?
It’s often said that success is a mindset – with two distinct types of mindsets in play, it can be hard to decide which is the right one for you. In this article, we’ll look at both growth and fixed...
View ArticleBusiness Process Improvements: Theory And Practical Application
Improving business processes is critical for any organization to remain competitive. But what exactly does it take to make a successful business process improvement? From a theoretical perspective,...
View ArticleThe Chief Of Staff Handbook: How To Lead Your Team To Success
Whether you’re a newly appointed Chief of Staff or an experienced one, it’s essential to understand the roles and responsibilities of the position. This article looks at the Chief of Staff Handbook – a...
View ArticleBecoming A Business Strategist: What You Need To Know, What Education Is...
Have you ever wondered what it takes to become a successful business strategist? Business strategists help organizations reach their goals by creating and executing plans for growth and success. In...
View ArticleWhat Digital Transformation Is And Why It Matters For Your Business
Digital transformation is becoming increasingly important in the modern business landscape, but it’s essential to understand what it is and how it can benefit your business. This article will explore...
View ArticleHyper-Automation: How It’s Shaping The Future Of Business And Technology
As businesses look for ways to become more efficient and productive, hyper-automation is becoming increasingly popular. In this article, we’ll explore what it is, how it’s being used in business and...
View ArticleExploring How Data Management Can Transform Your Business: Unlocking Growth &...
Data management can be a critical factor in achieving success for businesses looking to unlock growth and scale. But what exactly is data management, and how can it help transform your business? In...
View ArticleCost Leadership: The Complete Guide To Using This Business Strategy For...
Cost Leadership is a business strategy that enables companies to achieve a competitive advantage by producing and providing goods and services at lower costs than their competitors. This article will...
View ArticleHow Differentiation Strategy Has Impacted Business Over The Years
Differentiation Strategy has been used in many industries to separate one’s business from the competition. For example, a unique product or service offering could set your business apart from...
View ArticleHow Small Businesses Can Cut Through The Noise With Focus Strategy
As a small business, standing out among the competition can be challenging – and in today’s noisy digital landscape, it can seem impossible. But with the right focus strategy, you can cut through the...
View ArticleMorals vs Ethics: Understanding the Key Differences
Understanding Ethics and Morals: Definitions and Differences Although many people use ethics and morals interchangeably, they have different meanings. Ethics involve principles guiding behavior, while...
View ArticleThe Evolution of Cutting-Edge Problem Management Practices
Problem management involves identifying, analyzing, and resolving potential incidents that disrupt services. Problem management can save IT teams time and effort by decreasing incident ticket volumes....
View ArticleAdvanced Problem Management for IT Service Management
Problem management includes eliminating recurring incidents and mitigating their impacts, including identifying root causes, documenting workaround processes, and creating error control measures....
View ArticleChange Management in the Legal Profession
Lawyers tend to resist change, not because of any fear; but due to entrenchment in existing professional and personal structures. Legal departments implementing change management strategies will be...
View ArticleEmpowering Business Growth: Strategies for Sustainable Success
Identifying Core Values With Mission and Vision Core values help current and potential customers, clients, and stakeholders understand what the company stands for – unlike mission statements which...
View ArticleConducting a SWOT Analysis
Conducting a SWOT Analysis is an excellent way to identify goals and explore methods of meeting them. For optimal results, this effort must involve all relevant team members. To stay organized, engage...
View ArticleManagement Consulting Essentials
Management consultants earn over $2 billion each year for their services; unfortunately, much of this money is often wasted by providing analyses and recommendations that do not achieve client goals....
View ArticleEssential Consulting Skills
When people think of consulting skills, they usually conjure images of in-depth knowledge of an industry or area where a consultant works. But that alone won’t ensure their success as consultants....
View ArticleThe Consulting Process
Consulting involves multiple steps that lead to the client implementation. A consultant must use several tools to implement changes that will improve their client’s business. For instance, the...
View ArticleSpecialized Consulting Specializations
Businesses face numerous obstacles that require their attention. Companies frequently turn to consulting firms to address specific problems within their operations. Specializations don’t need to be...
View ArticleBusiness Consulting with AI
Introduction: Embracing the Future of Business Consulting with AI Staying ahead of the competition in the fast-paced business world requires constant innovation and adaptation. Traditional consulting...
View ArticleData-Driven Decision Consulting
Introduction: The Dawning Age of Data-Driven Decision Consulting Well, isn’t this a fine kettle of fish? The world has transitioned from the information age to an era where data is the new oil....
View ArticleHow to Avoid Common Mistakes When Hiring Business Consultants
Bringing in business consultants can provide valuable outside perspective and expertise to significantly advance critical strategic priorities. However, missteps like inadequate vetting, unclear...
View ArticleExpert Guide to Strategy Consulting for Business Growth
In today’s fast-paced business landscape, leveraging strategy consultants can provide organizations with an objective outside perspective, plus access to specialized expertise that catalyzes...
View ArticleBusiness Consulting in the 21st Century
Advancing Business Consulting in the 21st Century: Navigating Digital Transformation, Ethical Challenges, and Sociocultural Shifts Introduction The landscape of business consulting is rapidly evolving...
View ArticleWhat is Hyperautomation?
Hyperautomation solutions combine RPA, intelligent business process management suites, and integration platforms as a service with AI/ML tools into one powerful package that enables your teams to...
View ArticleThe Benefits and Challenges of Enterprise Resource Planning
ERP (Enterprise Resource Planning) software platforms collect and organize business data in real time for analysis and processing by various departments within an organization. Increased Efficiency....
View ArticleWhat is Cloud Computing, and How Can it Benefit Your Business?
Cloud Computing (CC) is an Internet-based form of application delivery, allowing business applications to be accessed without the hassle of managing network servers, operating systems, or storage...
View ArticleArtificial Intelligence in Business
Business leaders are turning to artificial intelligence (AI) to enhance customer experiences, automate tasks, increase data analysis capabilities, and boost productivity. Here is more on AI use in the...
View ArticleTop eCommerce Trends – Big Data Analytics
Big Data Analytics allows businesses to gain new and unparalleled insight into their customers and the world around them, offering unprecedented understanding that can improve customer experiences,...
View ArticleIoT Internet of Things and the Retail Industry
IoT, or the Internet of Things, allows everyday devices to communicate, automating processes and unlocking efficiencies and cost savings for businesses while remaining competitive through creating...
View ArticleWhat Is Blockchain Technology and How Can It Benefit Your Business?
As its name implies, blockchain technology records transactions in an immutable public ledger. They are primarily used with cryptocurrencies such as Bitcoin but can store other forms of data. This...
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