PRAXIS IS THE PROCESS BY WHICH A THEORY, LESSON OR SKILL IS ENACTED, PRACTICED, EMBODIED OR REALIZED. A term in use since Aristotle … praxis is one of the three basic activities of humans beings (the others being theory and poiesis or skillful manufacture). Praxis in Aristotle includes voluntary or goal directed action … sometimes […]
At a minimum, make sure your sales management team understands basic cost concepts, such as: cost drivers activity-based accounting customer profitability value-add and value chain analysis target costing And, a cursory understanding of the role of cost information for tactical and strategic decisions is helpful too. Use tools such as: budgets, variance analysis, benchmarking, transfer pricing and the balanced scorecard to
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Key learnings from the three movies: Organizations need to be built around ideas, not people. Actions matter more than intentions. Trust people with the truth. You need to risk failure in order to succeed. When you do fail, don’t let it destroy you. These lessons will help you build and lead your own organization(s). Source:
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The umbrella pricing business definition: A market situation in which several large firms dominate an industry and maintain relatively high prices such that smaller firms with higher costs are also able to operate profitably. It is often asserted that a dominant firm provides a pricing umbrella for smaller firms; that is, as long as competing firms price
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Get clear on the objective. Create a vision. Take the 80%/20% route. [result | effort] Go for the high impact items. Create structures to maintain your work processes. Stop being a perfectionist. Perfectionist… Learn from others. If it works, stick with it. Ask for help. Cut-out the fluff… Automate. Delegate. Outsource. Wait. [Sometimes waiting may
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I read this post on Hack / Make, and I liked the George Orwell essay…, so I am passing it along. _____________________________________________________________ Words are powerful tools. Mastering the English language will make your life easier. Speaking clearly is necessary in life and business [to conduct and complete]. George Orwell, in his essay Politics and the English Language (first
The English language and your ideas Read More »