In all my years working in the manufacturing sector, I never once heard anyone in the marketing departments say the word “strategy”. Well, I did hear that word, but they didn’t really mean it. Usually their “strategy” was “create some more brochures for a trade show” which isn’t so much a strategy as an item on a to-do list. No, to many, “strategy” was either […]

you own any sort of device that connects to the internet, mobile or otherwise, you probably have made the transition to managing your finances online to some degree. Whether it’s your bank’s mobile app or some sort of stock-monitoring software, you’re comfortable with the fact that finances and technology now coexist. That’s the mission of every fintech company. What Is Financial Technology (Fintech)? via GIPHY […]

These tips will help keep your manufacturing business on track now and into the future. shutterstock_129634556 When implementing an enterprise ERP system for the first time, many businesses wrongly believe that the software alone will transform their business. Common expectations of ERP are: Increased business process efficiency Reduced manufacturing and production costs Automation to reduce human error and increase accountability Better tools for forecasting and […]

If you’re a freelancer, small business owner, or business tycoon, invoicing is a major component of ensuring that your business is financially healthy. Thankfully, the days of manually creating invoices or tediously creating a template in Excel are over. That’s because you can easily find pre-made invoicing templates. But, before you go and use the first invoice template that you find, keep in mind these […]

For years I have been puzzled by the fierce resistance of product managers to integrate customers feedback into the products’ design and marketing process. Surely, many use elaborate survey and market focus group studies to validate and refine an original concept, but the use of the feedback to form an original concept is widely sneered upon as a fool’s errand. Many practitioners are convinced that […]

I have been consolidating and prioritizing my messages for early-stage entrepreneurs. I think that success starts with one simple task: coming up with a product that people will buy. I often talk about bringing ambition and commitment to the table, and that is critical as well, but no amount of ambition or commitment is going to overcome the lack of a product that people, people […]

If you’re in engineering or development, communicating about cloud infrastructure and other software development costs with your finance department is tricky. For one thing, those costs are almost certainly rising. Also, you are in different roles with different priorities. This naturally creates barriers of communication. You may think your development costs are perfectly reasonable while your CFO thinks there’s a problem – or you may […]

Supply chains provide an efficient method for helping many different companies to run as smoothly as possible. With being unable to control every element of the supply chain within your business, this does bring an element of risk into the process. Even the sections which are under your control are also open to risk, and this can have a minor or major impact upon the […]

Product launch. Sending your baby out into the world can be a terrifying thought, but it doesn’t have to be. Anyone who has been working for months getting ready for a product launch knows the stress and the fear that can run rampant. Much of this is caused by the unknown, the fear that you’re missing something that could go wrong and completely tank your […]

According to the World Health Organization, just a 5 percent reduction in the average speed can reduce the number of fatal crashes by as much as 3 percent. Driver safety technology has been successful in helping large fleet and field service organizations to manage such risky driver behavior, and subsequently reduce accidents, vehicle downtime and prevent lost productivity due to road incidents. Once deployed, driver […]