Archive for the ‘Strategies’ Category

The Durbin Amendment: a costly price control experiment

Most Americans would be surprised to learn that the federal government is still in the business of setting the prices that one industry can charge another for its services.  That kind of economic micromanagement seems archaic and outmoded in 2016.  But a retro regulation is exactly how one sector is protecting its profit margins – […]

Customer Centric Culture

In my exclusive column for CustomerThink last month, I shared my “top tips” for creating the right culture to enable an organisation to become genuinely customer centric. Whilst the list of seven things is by no means exhaustive, in my experience, together they provide a remarkably solid foundation to embedding the right environment and supporting […]

The Durbin Amendment Explained

Every time you swipe your debit card, you draw into the Durbin Amendment – a law that costs consumer an estimated $4 billion annually. The amendment, part of the 2010 Dodd-Frank law, sharply lowered debit card interchange fees — charges that stores pay banks when a customer makes a purchase. Supporters said the measure, sponsored […]

Security Standards Council

Official PCI Security Standards Council Site – Verify PCI Compliance, Download Data Security and Credit Card Security Standards The PCI Security Standards Council is constantly working to monitor threats and improve the industry’s means of dealing with them, through enhancements to PCI Security Standards and by the training of security professionals. Keep your systems secure, […]

The 10 Bookkeeping Basics You Can’t Ignore

Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. But if you – the business owner – don’t understand the different types of “accounts” your bookkeeper uses to organize your finances, measuring […]

Fraud Risk Management Guidance Updated by COSO

Managing the risk of fraud is a challenge for organizations of all sizes. A typical organization loses 5% of revenues in a given year as a result of fraud, according to the 2016 global fraud survey results contained in the Report to the Nations on Occupational Fraud and Abuse. But governing boards, senior management, staff at all levels, […]

My 10 Favorite Classic Management and Leadership Books

My 10 Favorite Classic Management and Leadership Books Prior to the 1980s, there were few books on management and leadership. There were classic works from Peter Drucker, Douglas McGregor, Alfred Sloan, Frederick Taylor, Dale Carnegie, and a handful of others, but I’ll bet they only filled a small section of the local library or bookstore. Sure, […]

Total Business Insider- Understand Your Business Model

Have you been trying to come up with a business model? Some of the content you find online about business model generation may be difficult to implement because it was either meant for a different industry or the material contains such heavy MBA parlance that it doesn’t make practical sense. Think of a business model […]

The Importance Of business Models

The fundamental existence of every company is to create and generate revenue in order to make more profit that is why it has to have business model. These are the specific processes , functions or activities a company uses to produce goods and services in the most effective manner possible A business company must have […]

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