Remove 2008 Remove Development Remove Productivity Remove Strategy
article thumbnail

Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk.

article thumbnail

Best 15 Podcast Editing and Production Companies

Buzzsprout

And if you have the budget, investing in a production company can be a huge time-saver that lets you focus on other aspects of your podcast's content and promotion. Here are the top 15 podcast production companies organized by category!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Reasons to Invest in A Leadership Development Program

Organizational Talent Consulting

When companies look for a competitive advantage, there is often talk about making leadership development investments. But during these conversations, leadership development programs are typically questioned. The truth is that leadership is more than a position, and event-driven development often fails to create lasting change.

article thumbnail

A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

Since the philosophies, frameworks, and insights developed by top firms contribute to the business practices which play a role in making the economic system unsustainable, a crisis signals the need for reflection. This system drastically reduces the need for inventory, which boosts production efficiency in two major ways.

article thumbnail

Tesla: Leading the Charge Toward Sustainability

Tom Spencer

The company has consistently pushed the boundaries of what is possible with EVs, starting with the Tesla Roadster in 2008, the first long-range electric sports car. In addition to its product offerings, Tesla has also disrupted traditional business models in the auto industry.

Energy 88
article thumbnail

How to Work Together When You Don’t Agree

Organizational Talent Consulting

Here are four strategies for staying civil on topics more sensitive and important than the temperature. The cost of unproductive conflict The distinction between productive and unproductive conflict lies in the importance of the issue and the amount of energy you put into it. Here are four strategies for staying civil.

How To 52
article thumbnail

Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. One key observation I’ve had is that certain companies can have different strategies for implementing behavioral economics.

Mercer 186