The New Business World
The NBWB offers original content on business, management, theory and careers.
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Articles from The New Business World

The Roman Greenberg and Damon Reed Face Off!
2007-08-07 10:10:00
Roman Greenberg the undefeated heavyweight champion of 25 wins and 0 losses is scheduled to battle Damon Reed at the South Town Exhibit in Salt Lake City Utah. The 25 year old Roman Greenberg will be going up against his senior 35 year old Damon reed that as a record of 43 wins and 11 loses. The last fight Greenberg fought in the U.S. was in New York’s Madison Square Gardens where he went 10 rounds to defeat Michal Simms. The fight should be an amazing testimony to two great warriors and will be only available on pay per view television.BackgammonMasters.com which offers an excellent array of backgammon online games has been a supporter of Roman Greenberg since he was unknown. They saw his potential before he was a star and believed in is ability to be a world champ. BackgammonMasters.com offers online news and information about playing the backgammon game as well as poker. Official rules and strategy information are available for anyone who loves the game of backgammon and desires ...
A Business Model that Can Transform Your Company
2007-08-07 10:03:00
The 70’s and 80’s were known as the time for work teams and product groups. Some of these principles have been forwarded to the current time in the form of teamwork and employee empowerment. However, not all models developed during the time got their appropriate consideration due to their limited application within a small company. If these models would have been better known to the public they may well have become the standard for most industries.In Flint Michigan during the late 80’s a new automotive manufacturing supplier was launched and the owners wanted to have one of the most productive small plants around. What they couldn’t get done according to their small size they wanted to be able to complete with their efficiency. They designed a completely new and interesting model for their business.Recruitment: As with any business the strength of the organization relies on the ability and productivity of its workers. In the Flint area workers education was low, motivation to w ...
Cracking the Federal Reserve Bank’s Secrecy
2007-08-07 09:08:00
The Federal Reserve Bank is the country’s central bank that sets the pace for nearly all other banks in the country. Like little ducks the other banks follow the policies, interest rates and economic strategies of the Federal Reserve Bank. However, some are beginning to question why the central reserve bank isn’t more transparent as other developed countries and whether or not this lack of transparency will affect the economy.The transparency is creating some problems for investors and banks who want more information and understanding of the internal workings of the government in order to effectively manage their portfolios. Government officials are somewhat unsure of offering more exposure but may consider cosmetic changes in the near future.Chuck Lieberman, who as a former New York Federal economist who now is the chief investment officer of Advisors Capital Management LLC states, “ It’s one less degree of freedom,” that the federal government is secretive with its economic ...
When Is It Time to Hire Help?
2007-08-06 18:58:00
Knowing precisely when it is time to hire additional help for your business, home or life is important in keeping productivity alive. You are busy and you can’t seem to get everything done that is required but you are still unsure if it would be in your interest to hire help. If you did need help what kind of help would you hire? Would this help enhance or hurt your operations? Is it cost effective to hire help?Most business owners and executives are busy almost all of the time. They work long hours, have to juggle between many tasks and constantly have non business related obligations to deal with. Many days they crawl into bed exhausted to get a few hours of good sleep and then get up the next day and do it all over again. The routine can be exhausting.At some point their bodies and their minds simply can’t take it anymore. They are so worn out that the excitement from their business or careers seems to be diminished. They feel as though they are going to have to get help or thei ...
Making Your Relocation Move Right Along
2007-08-06 14:30:00
Moving is a huge frustration and expense. You can spend literally weeks planning a move, coming up with rent money, purchasing boxes, packing, unpacking, finding hotels and hauling things from one location to the next. If you are a professional who moves around every couple of years for promotional reasons you might find that you really can’t feel at home because you have to limit the amount of stuff you can take with you. Therefore, moving isn’t something that most people look forward to. It is even worse if you have to move around on a regular basis while juggling all your other pursuits.If you had the opportunity to avoid all of the frustration would you? Most people would gladly avoid the frustration and spend their time in more productive pursuits. If you are in need of auto shipping, someone to move your stuff across the country or international movers you should consider Relocation.com. They have lots of information on finding homes, moving services, mortgages, apartments, i ...
Eastern European and Chinese Manufacturing Have Major Advantages.
2007-08-06 14:28:00
Both Eastern Europe and China have major manufacturing benefits that are difficult to be realized in Western Europe and the United States. Many companies are considering moving some or all of their operations to these locations in hopes of increasing profits and reducing expenses. Why do these two places attract companies?1.) China and Eastern Europe are Two Different Markets: China is a low-cost manufacturing base for high volumes of products. They do not have the flexibility and the high level skill as people from places like the Czech Republic. Eastern European countries have tens of thousands of engineers graduating every year and are able to handle the retooling efforts of many businesses. However, China makes its money not on its flexibility and skill but on its low cost products. Therefore Eastern Europe is good for small orders and flexibility while China is good for high-output manufacturing with few changes.2.) Low Cost Labor: Both China and Eastern Europe offer low cost lab ...
If You Love Sports You are Going to Love This!
2007-08-06 13:22:00
Sports fans are everywhere and people love to watch individuals and teams battle for the titles. The Green Adventures offers volumes of information and direct links to sites that are related to sports. They currently cover NBA, NHL, NFL, MLB but will soon be expanding into Tennis, Golf, Car Racing and more. If you love sports you will like the ability to look up statistics of famous sports players, look at pictures of games/players, and read their biographies. You might even enjoy the wisdom of the famous quotes that players have said over the years. Some people have been known to live by their advice.If you are from the Detroit area or Canada you are going to love their hockey sites. In few other places has so much information been compiled. After only a few minutes looking around I was able to pick up enough information to engage in the lively conversations that revolve around the lunch table at work. Sports seem to be the preferred method of communicating and many of my co-workers w ...
When are Work Relationships too Tight?
2007-08-06 13:19:00
Workplaces are like mini villages set within a larger landscape like a city or a state. People spend 8-10 hours each day together which can be more than what most married couples spend on any given day. This time can help to foster deep and meaningful relationships. The problem is that sometimes these relationships can get in the way of your career aspirations. Obviously such relationships such as romantic ones can be difficult to manage in the workplace after they go sour. However, not all relationships are romantic by nature. Even those bonds of friendship can become damaging to one’s career and professional life if not given appropriate boundaries. You might be the type of person who likes to be social. You play basketball with your buddies, you are willing to listen to others need and you help out your co-workers when they have problems. People are so drawn to you that you have effectively blurred the lines between work and home life. You know this to be the case because people c ...
Let Your Customers Make Executive Decisions
2007-08-06 09:55:00
It may seem funny to say but customers should by the bosses of your company or business. They should be the CEO who determines which directions your company will take, what products to sell and how they service their clients. They are the reason you are in business. The old saying “The customer knows best” is still a fundamental principle in business.Think of a company called Digital Edge and their philosophy towards customers:“They rely on customers to find uses for minicomputers, rather than burdening the company with huge costs of developing and marketing applications on its own. Digital salesmen, engineers selling to other engineers, nurture strong and lasting relationships with customers” (Peters & Waterman, 2006).According to Digital Edge’s philosophy they feel that if they can allow the customer to dictate how the products are used they can then move towards manufacturing their products for their customers needs. For example, let us say we invented the first tape recor ...
Who’s Your Workplace Princess?
2007-08-06 08:30:00
Nearly 50% of all workplaces have at least one workplace princess. These princesses are demanding, require people to move out of their way, want special concessions and often require other people to do their work. 75% of all workplace princesses are females while 25% are males. If you don’t know who the workplace princess is in your office there is a good chance it might be you!Most of us who have had careers for sometime know that there is always a person, or a few people, who expect to be treated better than anyone else. They seem to cater to bosses but treat other employees, including their subordinates, subhuman. They want the best vacation times, the raises, the special assignments, etc. For some reason their bosses comply.Let me give you an example of an Alpha princess that worked at an automotive vender. She was a new sales person who didn’t have much experience and was hired within the firm. The owner took a liking to her because of beauty and soon she was promised to be p ...
Driving Towards Efficiency and Excellence
2007-08-05 16:44:00
Read any literature about business and you will most likely come across articles on continuous improvement, efficiency, quality, return on marketing efforts and other business concepts. These articles have one thing in common and that is to help the owner make money. If you aren’t making money then none of these concepts really mean much.Striving for excellence is a way of life and not some concept to be taken lightly. Thomas Edison once said, “Genius is one percent inspiration and ninety-nine percent perspiration.” Thomas believed that in order to have excellence you have to be able to do the work. Building great things is less about the idea and more about being persistent.Excellence means that everything you do you try and do to the best of your ability. Even better you attempt to make the processes simpler and easier to complete. Thus doing well is not always about spending a lot of time. It is about putting forward the best quality work with the least amount of expense. This ...
Donate Your Used Cars to Charity
2007-08-05 13:57:00
You have that extra car, boat, RV or plane that you haven’t used for a long time. You have debated selling them but you simply aren’t sure. All of these toys and trinkets clutter up your garage, driveway and back yard. Your house looks more like a used auction lot then somewhere people actually live. With many of these toys you know that you won’t ever get back the same amount of money as you paid for them. If there was a way you could take all of these items that you have enjoyed over the years and help a family in need would you consider it? Most of us would love to help mother’s take their children to school, educated prisoners, encourage people get off drugs or many other good works. Consider making Car Donations, boat donations, RV donations or plan donations to help people in need. Car Angel is an excellent charity organization that allows you to auction off your car and give the proceeds to many different charity organizations. You can even choose which organization you ...
Key Concepts of Independent Wealth
2007-08-05 13:56:00
People often rely on their career as the sole source of their income. The problem with careers is that they come and go depending on what is needed in society. This year you could be employed making exceptional wages and like the engineers in the automotive industry the next year you could be putting your home up for sale. Independent wealth frees you from the decisions made by employers and sets up multiple streams of income that are semi-independent from the economy. You are much better prepared to maintain growth and wealth far into the future.Developing independent wealth is not easy otherwise everyone would be doing it. It takes a decade or more of concentrated effort in order to build something that most men dream about. You must work harder, think better and have more motivation than the average person. That simply isn’t easy to do in a world of distraction and confusion. People have a difficult time focusing on one thing for so many years. They get lost in competing ideologie ...
Big Companies Work Hard to Lose Your Business
2007-08-04 14:00:00
You can’t express the frustration that many of us experience when dealing with the big companies like DTE Energy, Sprint, Comcast, Wal-Mart or any other businesses that are too big for their own good. The customers are treated as though they are another commodity and not as an individual with self-worth. Yet despite the poor treatment we seem to keep purchasing our products from the same place no matter how long it takes to get our issues resolved. We, the customer, are at fault for much of what we experience.As companies get larger the individual worker becomes less invested in each individual person. The worker sees each new customer as a burden to their jobs. For them the goal is to have the least amount of work and the highest pay they can. Therefore, they will service the customer enough to keep their jobs but will rarely go out of their way. Therefore the customer feels as though they are often ignored, treated rudely and taken for granted. The second problem with big companies ...
Quality Furniture Shows Style
2007-08-04 12:30:00
Nothing tells people how stylish you are as much as your home furniture. Having good quality furniture can brighten up your home and give you the appearance of excellence. When visitors walk into your house they could be crazy with envy over how well you have decorated the place. Good quality furniture is a sign of person’s refined tastes, appreciation for quality and their desire to get a good price for a good product. If you have ever seen a person’s home filled with junk you will know precisely what I am talking about. The appearance of your home depends in part on the quality of your furniture.Let us say that you are a business man or woman and want your clients to get the right impression when they come into your satellite or home office. Old, stained and ripped Home Office Furniture will tell your client that you aren’t making much money, don’t have the skills to run a successful business and probably won’t service them adequately. Thus having good furniture is importan ...
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