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Cutting Your Business Costs: Top Tips

Strategy Driven

Can you talk to your landlord about switching energy and utility suppliers if there are cheaper options available? If you own or operate a service or contracting company that requires a vehicle, you are probably well aware of how vehicle costs might affect your bottom line. Can you downsize your commercial property?

Cost 65
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To Know and Still Glow

Chris Brady

It didn't matter that we were surrounded by a hundred busy travelers eagerly making their way around us in the world's busiest airport, this was one of those moments you just don't miss. I was travelling the other day with my 16 yr. "Do it with me, daddy!" " she gushed. And I couldn't help but comply.

Open-book 124
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Is This the Hospital That Will Finally Push the Expensive U.S. Health Care System to Innovate?

Harvard Business Review

HCCI outsourced back-office operations — human resources, accounting, finance, medical transcription, radiology — to low-cost but high-skilled employees in India. Similarly, HCCI saved 40% on energy by building its own 1.2-megawat HCCI could buy equipment for one-third or half as much it would cost in the U.S.

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4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business Review

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. Another pervasive reason is that senior executives are trained as operators, not innovators.

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Cast the Net Wide – Make the Most of Your Promotional Time and.

Women on Business

But many businesswomen are so overwhelmed with running day-to-day operations, there is little or no time to do a good job at casting the net of promotional effort out—whether through community activities, donations, networking events, promotional campaigns, public relations initiatives, or advertising—it is NEVER enough!

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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. Says Comstock, “You have to believe that energy storage has a big future.” GE is an icon of management best practices.

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Tackling Big Global Challenges with Low-Cost Innovation

Harvard Business Review

Airbnb lets spare room owners make money out of their idle asset and makes the asset easily accessible for more travelers. The idea of offering your spare room on the web is not new, but with Airbnb you don’t have to create your own website and hope that Google-searching travelers find you. housing sector.

Cost 8