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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 |
Cell Phone Companies Changing Friendships
2007-08-04 12:17:00
Most cell phone carriers now have networks that allow for free calls to anyone using the same carrier. These networks are a great for the cell phone companies to keep current customers and have these customers encourage their friends to join into their network. That helps in sales and retention. The only problem is that a person’s personal friendships are being based on cell phone networks and this is having unintended consequences.Imagine yourself as a person with a limited budget. Your account has 400 peak time minutes and you don’t get any unlimited calls until around 9:00 PM. Therefore, who you call and text message during the day will be defined by who you can call for free. These are the people within your network because you don’t have to burn any minutes to stay in touch with them.Imagine that half of your friends are outside your network. There is a good chance that half of your friends will receive fewer phone calls than the other half. They are simply more expensive to ...
Cell Phone
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The Charm and Innovation of Small Shop Owners
2007-08-03 17:09:00
No matter where you travel in this county you keep seeing the same cookie cutter stores. The Wal-Mart’s, Target’s, ABC Warehouse’s and McDonald type stores litter the cities and small towns all across America. The frightening thing is that the very thing that made America great is almost no more. The small business owner has nearly died out.It is difficult to open up a store and compete with the large chains that attract masses of people with their low priced products and one stop shopping. Thus the American dream of one day being your own boss and building something great is almost gone. The few stores that are remaining have to fight tooth and nail to keep their position.When the country loses their little stores the average American loses the chance to build a better future. The old saying, “The wealthy keep on getting wealthier” is truer today than any time in American history. It costs millions of dollars to open a store and only the wealthy can leverage themselves to be ...
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Playing Poker from Your LazyBoy!
2007-08-03 15:10:00
If you love gambling you are going to love the poker forums located at Texas Holdem Forums. They have lots of great games that you can enter and play. You don’t need to leave your chair, miss your favorite show or do anything else that will impact your desire to stay home. The offer lots of information about poker, a poker calculator, poker guides and galleries.http://www.thenewbusinessworld.blogspot.com ...
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Employment in the New Economy
2007-08-03 15:03:00
The Service Economy or the post-industrial society is considered the next stage in societal development. It is defined as a country where manufacturing, hard products and production declines and new industries such as service, information, research are on the rise. The service economy looks drastically different then that run on a manufacturing society. One of the biggest differences is that the service economy is that many of the low-skilled jobs are in abundance and wages decline for unskilled labor due to a decline in manufacturing. However, the pay and prestige of highly skilled jobs keeps increasing. Therefore it is a society of the have and the have-nots. The middle class who made their money at companies like the Big Three Automotive Companies will not see these jobs replenished for their children.The reason why low-skilled workers wages decline is because many of the high-paying manufacturing jobs have moved overseas in order to benefit on the cost savings. Since telecommunicat ...
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Penny Pinching Your Managers Can Cost Your Company
2007-08-03 14:03:00
Many organizations believe that if they penny pinch their managers they will be able to save money. They aren’t concerned as much about the quality of these managers or their higher than average turn over rates. Even worse these managers are costing the company big money due to their incompetence. Most of these costs are embedded within the operations of these organizations and are seen as normal operating expenses.Poor planning is one of the major reasons why companies are not able to compete in the long-term. Poor planning means that your organization isn’t able to look at the big picture and make decisions that will have a positive impact five or more years into the future. Your decisions today will affect you tomorrow. Instead they focus on the immediate problem of finding a new manager but not the longer problem of improving the organization.Does your business want short or long-term employees? In some rare instances it makes sense to have low-skilled workers within your indus ...
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Marketing Gifts that Promote Your Company
2007-08-03 13:01:00
Businesses often give away free pens, t-shirts, hats, bags and just about anything else in order to promote their products. These promotional items might give a high return for their cost or they may just cost much more then they are worth. Determining why you want to give products away and which type of products to purchase can be difficult.The Right Gift for the Right Customers:People often judge a company by the free trinkets it gives away. Therefore giving away a t-shirt to a bunch of executives isn’t likely to raise your image. In the same train of thought giving away a solid gold watch to people who drink your brand of beer is overkill. You might want to switch the two.Most companies have a customer profile that includes income, demographics, occupation, etc. The general rule is that the higher the station in life the customer, the more purchasing power they have and the higher in value the gift. Therefore you would spend much more on higher end clients then you would on people ...
Marketing
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Running Your Business by the Numbers
2007-08-03 10:03:00
Numbers have become so important in society and business that we forget we are dealing with concepts, chance, and uncertainty. Business is and always will be about risk and the false security that comes from numbers will not change that fact. Statistics has grown to prominence in society and continues to be a major factor in management decision making.Statistics has a long history in modern business. Executives can make decisions based almost solely on the numbers presented to them in summary format. Data drives, metrics, and “the numbers” have all been used to describe statistical information and analysis. Consider the history of statistics in the Western world.Statistics have been part of business since the 17th Century commoner of England John Graunt started listing the birth, death and Christenings in number related format. He organized this information into what is known today as descriptive statistics in the work Natural and Political Observations Made upon the Bills of Morta ...
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Wars and the Decline U.S. Dominance
2007-08-02 18:45:00
America has been at the top of the economic game since WWII. However, in modern times it has also received some new threats from China and the European Union. Once globalization set in the power of the U.S. is being disseminated around the world. Others can now compete and beat America at its own game. Prior to WWII the United States was in a depression and people were suffering. Soup lines stretched around the block and few maintained appropriate employment. The economy was slow the government was short of funds. President Franklin Roosevelt offered the new deal to help people and WWII forced the economy forward. After WWII the Gross National Product doubled over just a decade. Europe was in shambles and needed American products. American manufacturers produced everything from tools to toilet paper. There were no other major manufacturers untouched by war and the U.S. was there to help out and prosper. The Employment Act of 1946 stated as government policy "to promote maximum employme ...
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Fantasy Football is No Longer a Dream
2007-08-02 15:31:00
Football is a true American sport. Like the last Super Bowl in Detroit Michigan hundreds of thousands of people love the sport so much they are willing to travel around the country. Many of these die hard fans love to engage in fantasy football but don’t have an avenue for their passion. The American Fantasy Football League has come to the rescue with their professional and fun football league site. Prizes are as much as $100,000. If you are going to play fantasy football then play for keeps.http://www.thenewbusinessworld.blogspot.com ...
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Working With People of a Different Backgrounds
2007-08-02 15:30:00
We are in a global world and it can be difficult to deal with all the different types of people with different backgrounds. You might find yourself working in a company with different cultures, ethnic backgrounds, genders, sexual orientations and political views. It can be very difficult to know what to say and very easy to say the wrong thing. The first thing you have to understand about people is that there are two types of people when it comes to diversity. There are those who are forgiving and those who are vindictive. People who are forgiving won’t get upset if you say something on accident that doesn’t sit well with their personal beliefs. People who are vindictive will not only chastise you but also might put in a formal complaint. We all make mistakes from time to time. The average person recognizes that people are human and they may say something that is not correct on occasion. As long as you weren’t purposely trying to insult them or continually saying similar type com ...
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Sparking Your Career with Education
2007-08-02 14:40:00
Capella University is growing by leaps and bounds every year. New programs and competencies are being added on a regular basis. If you are a business man or woman you will appreciate the necessity of getting a higher education to further promote yourself and your career. Over the years this higher education can lead to promotion, more income and more freedom to succeed in life.In the effort to serve their students the accredited Capella University is offering new programs. They have added new programs in psychology, human services, criminal justice, education, business, information technology and public safety. A total of eight new graduate and undergraduate degrees have been added to better serve their employees. Capella students move on to higher standards of living and open minds for experiencing.http://www.thenewbusinessworld.blogspot.com ...
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Successful Accrual of Wealth
2007-08-02 14:37:00
Few people want to live from pay check to pay check. That is precisely what most professionals are doing. They are spending everything they earn without putting much in the bank. The average American puts away less then nothing into their bank account. That means they spend more then they earn. If you want to accrue wealth there are a few things you need to know.Prepare Yourself to Make Good Money: It isn’t likely that you are going to wake up some morning and you are going to have an excellent career or a multi-million dollar business. Therefore you are going to have to prepare yourself to make those high dollars. You might need to go and get a good education, read a lot of books on your industry or learn those essential skills for high income positions. Excellent leaders and successful people continually work on their own skills.Earning a High Income:It is difficult to put away a lot of money in the bank if you are only earning 30K per year. You might need almost all of your money ...
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Digital Frames Have Many Uses
2007-08-02 10:38:00
Many businesses are looking for a way to display their products to their visitors, clients and customers. The problem is that many there aren’t too many fresh and new methods left. Businesses can now turn their waiting rooms, displays and offices into an advertising medium. Imagine if you are a car dealership and as people wait in the lobby to get their cars fixed they are able to see displays of your latest vehicles and the great specials you offer being displayed in the picture frames. Naturally they would watch these displays as they quietly sit hoping their car ran better.There now is a digital photo frame that can be used in your office to display your products/services or in your home show everyone your beautiful children. You can hang them on the wall and put beautiful scrolling scenery or put them on your end table to enjoy when you want to. These frames are very unique and easy to use. You simply upload our pictures from your camera, computer or the internet and put them on ...
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People Who Believe in Themselves Make More Money
2007-08-02 10:36:00
Confidence and self-esteem cannot be minimized as a major factor in people’s corporate and career success. Believing in your self may be more important than other factors such as wealth, education and demographics. If you believe in yourself other people will believe in you as well. If you don’t believe in yourself, people don’t have any reason to believe in you either. If you want to earn the big bucks in life and move up the path to corporate success you must believe in your skills. When you combine confidence with the right combination of background you will make more money than other people. For example, if your father and mother were professionals who have a high education there is a good possibility that you will be able to supersede them in success. The confidence becomes much more pronounced with the right combination of background Take the following into consideration:“There are certainly significant advantages for children growing up with parents who are well-educated ...
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Skills to Accrue for a Job Promotion
2007-08-02 08:57:00
You are out there looking for a job or desire that promotion which would help put you on a stronger financial footing. You have been in your field for quite sometime but it appears that you are getting passed up by just about everyone else in the office. There are a few skills and qualities that your bosses are looking for but you aren’t considering. It doesn’t matter if we are in modern times or in the days of tribal considerations. Managers and people want to build alliances and don’t want to promote people who aren’t going to help them in the future. They also don’t want to promote people who can’t do the job or people who are going to embarrass them. When they drive the promotion they are putting their personal credibility on the line. Skills for Getting Promoted:1.) Technical Skills: You must be able to do your job. Therefore, you have to know and accrue the job skills necessary to do your job well. These skills are seen as a basic criterion to getting a promotion. You ...
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