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  • Atricle Dump - An Outsourcer's Passage to India: How to Do It, part I

    The 80/20 Rule, And Being Truly 'Effective' In Your Business
    There is a world of difference between efficiency and effectiveness, and it’s in that world that successful marketers flourish. They are well aware of the power and omni-presence of the 80/20 rule.While even highly successful marketers don’t hit the bulls-eye with all of their marketing, at least they direct their energies towards learning which 20 percent of their marketing generates 80 percent of their sales.Just knowing this to be true is a compelling reason to learn where each of your customers learned of yo
    at as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how
    Businesses Become More Socially Concious
    It's a brave new world. Effective management now means more than how you handle your staff. Management also includes how you manage your social reproducibility to others in your community. "There is no way to avoid paying serious attention to corporate citizenship: the costs of failing are simply too high. There are countless win-win opportunities waiting to be discovered: every activity in a firm's value chain overlaps in some way with social factors - everything from how you buy or procure to how you do your research - yet very few companies have thought about this.
    Frankfurt airport departure lounge. Full of western tech executives, each with an open laptop. They're all from different companies, all travelling separately. But one particular subject is making them feel like they're old college buddies, and they're networking like a swarm of honeybees.

    "So, you've just been to Bangalore, have you?"

    "Is it everything it's cracked up to be?"

    "Is there still room there for new customers?

    "Did you find a good deal? Did you close?"

    "Are they shrewd business people?"

    "How do you know that your new-found service provider is reliable?

    The fact is that as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how t

    Accounting - A Practical Definition
    What is accounting?A simple definition is the recording of financial or money transactions. Not all transactions need to be recorded. Mostly, only business transactions are recorded, personal transactions are rarely recorded by individuals.For example, you purchase a book for $10. You give the book seller $10; you receive the book & a receipt for $10. More often than not you throw the receipt away; you only want to read the book. The book seller however is operating a business so the transaction will be recorded.The book seller will record the $10 a
    ly. But one particular subject is making them feel like they're old college buddies, and they're networking like a swarm of honeybees.

    "So, you've just been to Bangalore, have you?"

    "Is it everything it's cracked up to be?"

    "Is there still room there for new customers?

    "Did you find a good deal? Did you close?"

    "Are they shrewd business people?"

    "How do you know that your new-found service provider is reliable?

    The fact is that as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how

    Business Kissing
    Have you noticed how suddenly everyone’s kissing. I’m not talking continental kissing, pecking one cheek, and then the other. I mean a bit of a hug then a kiss on the cheek or the side of the face at least. And it’s not just extended family and very close friends here. Though certainly they’re at it too. No, I mean kissing in a business context. Seems to me the rule is, if you have ever met the person before even just once, then you greet them with a kiss. Male-female kiss, yes. Female-male kiss, sure. Female–female absolutely. Male-male, actually I’m not sure. Mayb
    been to Bangalore, have you?"

    "Is it everything it's cracked up to be?"

    "Is there still room there for new customers?

    "Did you find a good deal? Did you close?"

    "Are they shrewd business people?"

    "How do you know that your new-found service provider is reliable?

    The fact is that as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how

    Winning With Diversity - The Next Phase
    *Diversity refers to the broad mix of people currently or soon to be a part of your organization. It exists whenever you encounter anyone who has a view of the world, or "paradigm", different from your own. **Managing diversity is a deliberate effort to create a work environment that allows these differences to contribute equally to the common goals of the organization.Managing diversity emerged as a key strategic issue in the1990's. Unfortunately, for some, it has also emerged as the latest new management fad. As such, there has been
    deal? Did you close?"

    "Are they shrewd business people?"

    "How do you know that your new-found service provider is reliable?

    The fact is that as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how

    An Overview of Raincoat Production
    Charles Macintosh was the man behind origination of raincoats. In 1836, he came up with the method of mixing rubber with fabric which was used for making raincoats. The raincoats were thus named after him and were called Mackintoshes in U.K.The raincoat made during early 20th century were heavy in weight, but by 1940 the lightweight fabrics were been used to manufacture raincoats. Vinyl fabric was used, as this fabric was waterproof in nature and lightweight also. Continuous experiments were done in order to make raincoats of such fabric that could be machine washed,
    at as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, about how they plucked that fruit and about how that fruit imbued their balance sheets with enhanced flavour.

    If you haven’t already outsourced your non-critical operations to India, you had better move your tail and do it fast, else your competition, who likely has a back-office operation in Bangalore, is going to eat you alive.

    If you are a mid-size company you will also have to make an ‘outsourcer’s trip’ to India, and here in Part I of this article we describe the preparations you have to make in the run-up to the trip.

    Part II tells you what to do once you go out there.

    There are a handful of simple pr

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