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  • Atricle Dump - What Really Makes the Difference Between a GREAT Business and an Ordinary Business?

    Think Like an Investor When Job Interviewing
    What's easy to forget when you're looking for a new job is that you are interviewing the company as much as they are interviewing you. It's about match and exchange. Do they have what you want? Do you have what they want?If you feel desperate for a job, everything about the company, position, and people may look a lot rosier than it probably is. You're much more vulnerable taking whatever's offered rather than assessing the situation for real, personal satisfaction. The same can happen if the company is desperate for you. They may view your abilities as greater than they are, and you may end up in a spot where it's tough for you to succeed.Before any in
    ried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper

    Warehousing Costs
    Warehousing costs are levied by the warehouse owners and are an unavoidable expense for the companies that use the space. The owners should be conversant with the applicable charges. In years to come, users will find it increasingly mandatory to implement nearline storage, to reduce their data warehousing costs and make data analysis more efficient and effective.As the warehouses grow in number and provide more services, determining the cost of the company gets more difficult. Basic costs need to be understood, even if there is a third party involved. There are generally three types of expenses involved and they should be understood, while calculating the cost
    Every once in a while I come across a business that doesn’t just stand out visibly but is truly outstanding in every sense. A business that has somehow created a great Team of people, a business that has mastered the art of delighting it s customers, a business that is achieving spectacular growth and profits.

    These sensational businesses are the ones that I really like to watch. After all, that’s where so much of the material for my book comes from. But what is it that makes the difference? How do these businesses succeed when others around them are failing? How do they manage to recruit when other businesses cannot find good people?

    There are two things that I’ve noticed that these businesses have in common. The first of these is systems. And I don’t particularly mean information or computer systems. What I do mean are systems for all the basic things.

    It starts with a vision.

    Someone realises that there is a niche in the market. Not because there aren’t already businesses in that market. But because those other businesses aren’t exactly making a good job of things. Haven’t you sometimes had a bad experience of dealing with a business and said to yourself, “If only they could do it this way”.

    And with “if only” in mind they set out to do something special. They set out to create a business that does that extra something. And by going the extra mile that business learns that it can delight its customers and grow more quickly than its competitors.

    Let me give you an example from the UK.

    Supposing you had said to me, back in the mid 1980’s, that a new sandwich outlet was going to be started that would come to dominate the London sandwich industry. I would have thought that you were mad.

    London already had sandwich shops on every street and every corner. There were hundreds of them! And the market was very tough. Very competitive. How could anyone ever come to dominate such a market?

    At about that time, two chartered surveyors – Julian Metcalfe and Sinclair Beecham started a business. They called it Pret A Manger. Julian and Sinclair now rank amongst the wealthiest people in the UK. And in 2001 they sold one third of their business to McDonalds for an “undisclosed sum”. My interpretation of undisclosed sum is a lot of money!

    Their stores may not have reached Malta yet but they have taken off in the USA – another tough market to enter. So what makes them special?

    If ever you get the chance, do visit one of their stores. Or just take a look a their website to get a flavour for what they do.

    They are systemised. They work to a system.

    The shops are always immaculately presented. Often in spectacular contrast to their neighbours.

    Their people are bright, energetic and full of smiles. And Pret regularly features in lists of the best companies to work for.

    Their sandwiches, cakes and coffee are extraordinary. Just reading about how they make their products is enough to convince you.

    “Our two noodle lunches, both Vegetarian and Prawn, are made with fresh egg noodles, not the cheaper dried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper

    Nursing Job Descriptions
    In the United States, there is a very high demand for nurses because the country's population is aging, especially the baby boomers. This means that more health care professionals are needed to care for these people. The career prospects for nurses in the country continue to look bright for the future. As a result, it can be expected that more people would pick nursing as a career option. However, people who wish to do so should be aware of the responsibilities of nurses so they can prepare themselves.General job descriptionThe general job description of almost all nurses involves performing some basic duties including treating patients, educating pe
    ularly mean information or computer systems. What I do mean are systems for all the basic things.

    It starts with a vision.

    Someone realises that there is a niche in the market. Not because there aren’t already businesses in that market. But because those other businesses aren’t exactly making a good job of things. Haven’t you sometimes had a bad experience of dealing with a business and said to yourself, “If only they could do it this way”.

    And with “if only” in mind they set out to do something special. They set out to create a business that does that extra something. And by going the extra mile that business learns that it can delight its customers and grow more quickly than its competitors.

    Let me give you an example from the UK.

    Supposing you had said to me, back in the mid 1980’s, that a new sandwich outlet was going to be started that would come to dominate the London sandwich industry. I would have thought that you were mad.

    London already had sandwich shops on every street and every corner. There were hundreds of them! And the market was very tough. Very competitive. How could anyone ever come to dominate such a market?

    At about that time, two chartered surveyors – Julian Metcalfe and Sinclair Beecham started a business. They called it Pret A Manger. Julian and Sinclair now rank amongst the wealthiest people in the UK. And in 2001 they sold one third of their business to McDonalds for an “undisclosed sum”. My interpretation of undisclosed sum is a lot of money!

    Their stores may not have reached Malta yet but they have taken off in the USA – another tough market to enter. So what makes them special?

    If ever you get the chance, do visit one of their stores. Or just take a look a their website to get a flavour for what they do.

    They are systemised. They work to a system.

    The shops are always immaculately presented. Often in spectacular contrast to their neighbours.

    Their people are bright, energetic and full of smiles. And Pret regularly features in lists of the best companies to work for.

    Their sandwiches, cakes and coffee are extraordinary. Just reading about how they make their products is enough to convince you.

    “Our two noodle lunches, both Vegetarian and Prawn, are made with fresh egg noodles, not the cheaper dried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper

    Advertising That Annoys: The Real Story
    Critics conclude that entertaining or “creative” commercials sell better than those that are bland. But liking the commercial may not really be that important in the scheme of things. It all depends on the needs and preferences, motivation and financial reservations of the customer. The question isn't whether people like the advertisement or not, it’s whether the advertisement is effective in selling.Often, people who are irritated by certain campaigns don't fall within the intended target market. In 2000 Budweiser ran its ''Whassup?!'' campaign. Ad Track reported these commercials scored best with 18- to 24-year-olds; 52% of the survey participants said th
    you had said to me, back in the mid 1980’s, that a new sandwich outlet was going to be started that would come to dominate the London sandwich industry. I would have thought that you were mad.

    London already had sandwich shops on every street and every corner. There were hundreds of them! And the market was very tough. Very competitive. How could anyone ever come to dominate such a market?

    At about that time, two chartered surveyors – Julian Metcalfe and Sinclair Beecham started a business. They called it Pret A Manger. Julian and Sinclair now rank amongst the wealthiest people in the UK. And in 2001 they sold one third of their business to McDonalds for an “undisclosed sum”. My interpretation of undisclosed sum is a lot of money!

    Their stores may not have reached Malta yet but they have taken off in the USA – another tough market to enter. So what makes them special?

    If ever you get the chance, do visit one of their stores. Or just take a look a their website to get a flavour for what they do.

    They are systemised. They work to a system.

    The shops are always immaculately presented. Often in spectacular contrast to their neighbours.

    Their people are bright, energetic and full of smiles. And Pret regularly features in lists of the best companies to work for.

    Their sandwiches, cakes and coffee are extraordinary. Just reading about how they make their products is enough to convince you.

    “Our two noodle lunches, both Vegetarian and Prawn, are made with fresh egg noodles, not the cheaper dried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper

    Discover the Best Work at Home Telecommuting Jobs
    Work at home telecommuting jobs are a new trend of jobs that you can work from home. Online telecommuting jobs are the kind of jobs that that range in what you will do but all of them have one thing in common. With this type of legitimate jobs online you will work at least part of the time, if not all the time from the comfort of your home.With online telecommuting jobs you do not necessarily go to the office to work but instead you will work the amount of time and the hours necessary at home. In order to give you an idea of what type work at home telecommuting jobs you can do, here are some examples of online telecommuting jobs. Do not forget th
    have reached Malta yet but they have taken off in the USA – another tough market to enter. So what makes them special?

    If ever you get the chance, do visit one of their stores. Or just take a look a their website to get a flavour for what they do.

    They are systemised. They work to a system.

    The shops are always immaculately presented. Often in spectacular contrast to their neighbours.

    Their people are bright, energetic and full of smiles. And Pret regularly features in lists of the best companies to work for.

    Their sandwiches, cakes and coffee are extraordinary. Just reading about how they make their products is enough to convince you.

    “Our two noodle lunches, both Vegetarian and Prawn, are made with fresh egg noodles, not the cheaper dried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper

    Avoiding Business Burnout
    In today's 24/7 business environment, burnout is a major problem among business executives. How much time and money is your company losing because of executive burnout? Do you know you can avoid burnout in your staff--and reap higher profits? Here are four things you can do this week to avoid business burnout now and in the future:Focus on self-transformation. For example, practice re-writing your job description given your evolving challenges, and think about how to become the perfect candidate for the job you already have. A leader who focuses first on self-transformation will have the energy and perspective needed to thrive. A focus on self-transformation a
    ried variety. The noodles are dressed in our Oriental sauce, bursting with ginger, sesame and coriander.”

    Sounds good, doesn’t it?

    Visit a few of their stores and you start to see some of the systems in operation. Basic systems for how the stores will look. What materials do we use to help keep them clean and make them easy to maintain? How to layout the store to make it easy for people to select their food, pay for it and take it away? How should our sandwiches be displayed and what type of cups are we going to use?

    Speak to some of their people. Find out about what you’d have to do to get a job at Pret. Find out about the morning briefings that cause the Team to come running into work, laughing and punching the air! Find out about the mystery shopper programmes and the incentive programmes.

    These things don’t just happen by accident. And they don’t just happen occasionally. They happen consistently. Time and time again. The result is that the customers know exactly what to expect. Fast and friendly service, superb food, great environment and easy to purchase.

    Now ask yourself about your own systems. Systems for answering the phone, for writing a letter, for recruiting great people, for delighting customers. What do you need to do to create a GREAT business?

    One of the Pret A Manger stores won The WOW! Award in 2000. A customer had picked up a number of sandwiches and several drinks and taken them to the till to pay.

    The assistant took tremendous care with each item and described it to the customer as he rang it in. When he got to one of the sandwiches, he stopped. “Salmon and cucumber,” he said, “I’ll change that one for you.”

    The customer looked at him a little surprised. After all, this was the sandwich that she had chosen to buy and she only wanted to pay over her money.

    The assistant went on to explain. “This sandwich is not quite full with salmon and we like to see our sandwiches bursting with fresh salmon. I’ll find you another sandwich.”

    That’s the sort of thing that happens in GREAT businesses.

    The second common feature of GREAT businesses is great leadership. But that is the subject of another of my articles.

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