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How to Reduce Operational Costs for Your Small Business 

Strategy Driven

From streamlining processes to taking advantage of technological solutions, these methods will help you save money while still providing excellent customer service. Outsource Non-Core Tasks Outsource any non-essential tasks and services to a third-party service provider.

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Millennials Speak! 5 Future Leadership “Must Haves”

Marshall Goldsmith

Several suggested that future leaders might need to spend time in multiple countries to better understand how multi-country trade could help their organizations achieve a competitive advantage. Demonstrating Technological Savvy. Young future leaders often have been brought up with technology and view it as a part of their life.

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Why Everyone's Working So Hard

Marshall Goldsmith

Global Competition In the 1950s managers and professionals in the U.S. had a huge competitive advantage. To add to our advantage, an incredibly small percentage of the populations in China, India, or Eastern Europe had professional educations that were competitive with those in the States or Western Europe.

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But My Business Is Different… | N2Growth Blog

N2Growth Blog

Great businesses are in constant search of improvement, innovation, change, disruption, knowledge and other strategic leverage points that lead to a competitive advantage or operational enhancement. Don’t fall into the rut of allowing your business to be trapped in a perpetual state of static thinking.

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The Downside of Best Practices | N2Growth Blog

N2Growth Blog

Moreover if they decide to develop the application should this be done internally with existing staff, or outsourced, and if outsourced will it be done domestically or offshore and who will manage the process. Therefor by definition it is not unique or likely to generate any competitive advantage. But manufacturing?

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Companies Are Turning Drones into a Competitive Advantage

Harvard Business Review

In the oil industry, for example, what used to be weeks of inspection work now takes just days, thanks to drone-based thermal imaging and gas “sniffer” technology to inspect oil rigs and pipelines. Businesses also will need to determine whether to run their own drones or outsource.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

One applications outsourcing team, for example, proposed a clever UX tweak to help optimize a global fulfillment process their company managed for its biggest client. Their RFP-responsive outsourcing expertise had perversely obscured essential insights into what creative fulfillment should mean for both customers and client.

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