Blog - page 23

Manual tracking of the prices of the competition vs. automatic solutions

Darryl Bachmeier Feb 4, 2020 Strategy

Having a price tracking of the competition is essential. New technologies give us ways to do this in a quick and simple way. All retailers should keep track of the prices of their main competitors, to stay in the same range and even try to offer advantages (lower prices) to their customers, as much as possible. This has always been the case, and it is a usual practice for owners or store managers. But new technologies now allow other ways to perform this task automatically and, therefore, in a much simpler and faster way. Manual tracking of the prices of the competition To follow up, a group of people must go through the stores and check the prices of different items one by one, and then turn that information into spreadsheets. It is an arduous task, which demands that there be personnel that dedicates a lot of time to that....

How to Write a Business Plan

Darryl Bachmeier Feb 4, 2020 Business

If you have seen examples out there a business plan may seem overwhelming at first. The point is to put all your ideas on paper so you can show others (the bank etc.) what you’re trying to do. Don’t forget it can also help you to re-focus if you get to far away from your original goal. It may seem time consuming but it’s worth it. There is no set-in-stone manner to compose a business plan. The most important thing is how it addresses your requirements Either a simple business plans or the elaborate business plan (Traditional) they all focus on summarizing the essential points of the critical elements of your project. Thus, writing any meaningful and standard business plan can take you as little as an hour to make In this article, I am going to discuss and enlighten you on how to write a simple business plan as...

How to develop a training plan

Darryl Bachmeier Feb 4, 2020 Training

A training plan is a definite record that manages the arranging and conveyance of guidance. In the case of preparing individuals one-on-one or in gatherings, face to face or on the web, a well-created training plan enables you to get ready for and convey exhaustive dynamic classes. Some key things to recall when developing a training plan is that you need to be definite, sorted out, and realistic. Thus, here is how to develop a successful training plan A. Establish and Document the Training Goals To develop a successful training program, you have to establish your training goals, and this can only be done by doing the following; Outline the purposes of your organization: To lead a dynamic, and instructional training courses, you have to remember the targets of your business or association. These goals will help guide you to developing your training plan. Moreover, ensure the training goals is...

What is a People Pleaser?

Darryl Bachmeier Sep 12, 2019 Social

Perhaps you find yourself in situations that you do not want to be in but can’t seem to say ‘no’ to the person. Perhaps you feel used by others. These are the tell-tale signs of a people pleaser. If you resonate with any of the above statements, then this article is for you. What is a People Pleaser? A people pleaser is a person that will go to all lengths to please others. They are willing to do anything for others just to please them and make others like them, even if it is sacrificing their mental health and wellbeing. How to check whether You Are a People Pleaser? People pleasers can be identified via the following points. Check them to see if any of them resonate with your person: The constant need for validation. (Trying their best to do whatever the other person needs.) Constantly finding oneself in an...

Using the CATWOE checklist

Darryl Bachmeier Sep 11, 2019 Strategy

Have you ever been in a situation in which you approved a project from your boss and started to work on it only to face strong resistance from the workers who are supposed to help you implement it in the first place? Or maybe you came up with an innovative idea for a project which your colleagues fully supported but which got struck down when you presented it in front of the owner? This happens frequently when a project involves a number of stakeholders who view the central problem or solution from different perspectives. For example, a quarry that mines limestone is a source of profits for the investors and a source of employment for the workers. However, when difficult times arrive and profits turn into losses, both groups will have completely different solutions in mind. The investor might want to lay off workers to reduce the cost whereas the...

What is Inductive Reasoning?

Darryl Bachmeier Sep 10, 2019 Strategy

Inductive reasoning describes the logic of rational thinking that involves formulating generalizations based on particular facts you know, observations you have made, and incidents you have experienced. It is the specific approach towards rational thinking that involves formulating conclusions based on detailed information. This technique is an essential critical thinking practice that most employers look for when hiring new staff. Generally, it is a type of soft analytical skill. Thus, it is unlike the hard skills that generally demand technical training and are job-specific. In any case, inductive reasoning relates to how you respond to ideas, social situations, and people around you. Most employers look for candidates who can determine changes in patterns and use inductive reasoning to formulate proposals, policies, and strategies based on those patterns. For that reason, inductive reasoning is a crucial skill that you must showcase when submitting job applications or interviews. How Does Inductive Reasoning...

4 strategies to become an early riser and start conquering your days

Darryl Bachmeier Sep 9, 2019 Productivity

Have you ever looked at millionaires on TV who can’t stop raving on about their habit of waking up at 4.30 a.m. every day and wondered: how do they even pull this off? Or maybe you’re in the camp that is not entirely convinced that waking up so early on a daily basis can be tremendously beneficial in so many ways. Instead of wondering how those people on TV pull this off, you question the need for such an approach to life. Let’s sort out this matter once and for all and look at the proven benefits of becoming an early riser, and learn about the process of building this into a habit. Why should you rise early? You get a headstart on your day Waking up at 4.30 a.m. every day gives you at least a +3 hours advantage over everyone else who does not. You have so much...

2020 © Zenbo Services Ltd. All rights reserved.