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Does Your Team Hoard Information?

Harmonious Workplaces

When auditing a sales report, the CRM manager notices the report omits contact information for many company accounts. The sales manager states that he doesn’t trust the other salespeople to not “steal his contacts,” so he does not report contact information, communications, or other data pertaining to his deals. Why allow stinginess?

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Japan Tells Firms "Stop Sitting on Cash", Ignore the Lack of Customers

MishTalk

Instead, it is sitting on a pile of cash worth about $280 million—50% higher than its pile a decade ago, equivalent to one-fifth its annual sales, and more than twice the level required for the firm to be deemed loan-worthy by a bank. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49).

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How the Great Recession Changed Banking

Harvard Business

The Great Recession of 2007 to 2009 was under way. Investment banks now spend an average of $300,000 per year on these functions per “front office” employee who works with clients, such as sales and trading personnel. Layoffs, particularly in sales and trading, have accompanied lower profits. Lehman Brothers toppled.

Banking 28
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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business

In 2007 Harvard Business School professor Ethan S. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. Imagine you’re leading a sales team. It is very tempting as a manager to give that person a sales goal: “Your new goal is to sell eight widgets per day.”

Metrics 45
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America's First Marijuana Stores Open in Colorado; Record Opium Crop in Afghanistan; Six Beneficiaries of "War on Drugs"

MishTalk

Colorado ushers in the new year as the first US state to allow retail cannabis sales. Marijuana users celebrated as Colorado became the first US state to allow retail cannabis sales, putting it in the vanguard of efforts across the country to legalize the drug. How much hemp is necessary to meet current US energy needs?

Retail 77
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Did Trade with China Make U.S. Manufacturing Less Innovative?

Harvard Business

The main case for trade, though, was always that it would improve overall welfare by allowing a greater variety of products to be produced more efficiently. The researchers looked at trade data from 1991 to 2007, during which time China became a global manufacturing powerhouse. manufacturers’ performance and patenting.

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Oliver Wyman interview preparation: the inside story

Management Consulted

In 2007, Mercer Oliver Wyman joined with Mercer Management Consulting and Mercer Delta to become Oliver Wyman groups (also includes Lippincott and NERA Economic Consulting). Marketing and Sales - utilizes in depth analysis and scientific experimentation to develop innovative ways to add significant value for leading firms.