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6 Clever Ways How Newly Established Businesses Can Save Money

Strategy Driven

A top leader in their industry could act as a sponsor for the events and expand on the budget. The contracts include a variety of business services the company needs such as phone services, internet, call centers, and data centers. New business owners could save more on business events by getting a sponsor.

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Top 10 US Cities to Capture Small Business Recovery Act Dollars.

Women on Business

If your small business plan can move the nation forward, you’re a step closer to winning Uncle Sam’s financing and support. With the highest per capita spending across all industries, Washington, D.C. Ten Best Cities to Stage an Economic Revival Location is the other piece of the stimulus puzzle.

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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business Review

industries, and a review of hundreds of academic studies on the psychology of human performance, shows that most leaders and organizations tend to focus on just one type of performance. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk.

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Rethinking the Bank Branch in a Digital World

Harvard Business Review

USAA Bank, which has a long history of industry-leading service without relying on a branch network, has steadily been opening physical service centers at key locations. A Bain study of 20 broad industrial categories found that all have been affected by digital technologies to a greater or lesser extent.

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The True Cost of Hiring Yet Another Manager

Harvard Business Review

You have front-line employees who create what you sell or who deal directly with customers: software developers, sales reps, call-center staffers, and so on. You also have support staff, including the people in marketing, finance, HR, and other functions. Appropriate ratios naturally vary from one industry to another.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Investment in AI is growing and is increasingly coming from organizations outside the tech space.

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Morning Advantage: The Most Important Stories of 2013

Harvard Business Review

And the bottom dropped out of the Indian outsourcing industry, which contracted as much as 80% while the Indian firm Aegis outsourced its call center — to Dallas. FINANCING THAT VACATION HOME IN VANUATU. government risk 60% of the income of the British Virgin Islands to crack down on the “sham-director” industry?