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Monday, November 9th, 2009

The Bar: Revenue Source for Businesses?

August 29, 2009 by Miranda Marquit  
Filed under Corporate Finance

The Bar: Revenue Source for Businesses?

The world of business has been a bit rocked by the recent recession. Many small businesses and home businesses have been especially hard hit. But, are you desperate enough to try The Bar? According to the video below, the world of The Bar provides an opportunity for you to create cash flow. It’s a business “opportunity” for you to make money using the Internet. Indeed, you can even set up your own business based on The Bar, getting people to work under you in “levels”. The more they make, and the more levels below you, the more you make. I …read more

Innovation: Product or Process?

January 29, 2008 by Bob Turek  
Filed under Leadership

Innovation: Product or Process?

Innovation. Seemingly a magical, creative art where ideas pop into the mind of relaxed and receiving brain cells (the hilarious “ideation” commercials come to mind where an incredulous manager says, “What are you doing?”, and the existential group leader responds, “Ideating”). Actually, there are NOT many NEW ideas and the “innovation” comes with successful market penetration, as it applies to new products, and with successful implementation, as it applies to new business processes. I tend to focus on innovative business processes.
Once more an innovation article failed to mention business process innovation. Times OnLine, a British publication, treated the subject with …read more

Business Model Innovation is A Key to Surviving in Shaky Economic Climate

January 26, 2008 by Bob Turek  
Filed under Leadership

Business Model Innovation is A Key to Surviving in Shaky Economic Climate

“Companies should devote R&D to new business models just as they do to new products. A new CEO today will need to preside over a changed business model three or four times in his career, but no one really knows how to do it. It’s not taught in business schools, and there is much to learn about how to manage a workforce that is no longer just within the four walls of an organization”.
AMEN!…and AMEN! This quote by Saul Kaplan, executive director of the Rhode Island Economic Development Corporation, from CFO magazine’s “Gaming the System” article, is fascinating because of …read more

Innovating Through Competition as the Economy Tightens

January 25, 2008 by Bob Turek  
Filed under Leadership

Innovating Through Competition as the Economy Tightens

Think of a business model where a firm provides services with a global freelance resource base: is it writing? editing? software development? CFO magazine’s article on “Gaming the System” introduces TopCoder, not only as a global freelance software development operation, but one that has participants compete on providing the best code for it’s application work. This is business competition where you have to finish before knowing whether you will be paid or not, because you have to win.
It seems that TopCoder’s success and growth is based on the fact that they were more of a non-business community in the first …read more


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