The Manager's Resource Handbook
Tools, Resources and Guides for Managers and Business Leaders. Real Advice from Real Bosses.
In 1972, American Bobby Fischer won the World Chess Championship by beating Boris Spassky of the Soviet Union. It was a match publicized worldwide as the battle between two superpowers. While both nations had massive nuclear arsenals, this particular battle was fought with figurines on a game board. Now, while I know who Bobby Fischer was, I admit that I
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How Emphasis on Fundamentals Leads To More Successful Business I was recently working with a large multi-billion euro corporation that ranks high on the Fortune 500 list. Unlike small companies, this firm is publicly traded and has a stock price that has done very well for quite some time. In the eyes of investors, it had all the right chemical make-up of
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Using Business Partnerships To Fuel Growth When it comes to new markets and expanding your small business globally, you will likely face an uphill battle. You may struggle with start-up costs, you may have distribution challenges, and you may have gaps in knowledge of the specific market you target. These issues are difficult enough by themselves, but are even further magnified when
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How to Conduct a SWOT Analysis: Take a Closer Look At Your Business Leading a successful company requires you periodically spend time identifying ways to improve and get better. A SWOT analysis is one evaluation method that aids in organizing characteristics of your business that you deem as successes or concerns. Specifically, a SWOT analysis is an evaluation technique that helps you capture the Strengths, Weaknesses, Opportunities and Threats
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How to Restructure an Organization If you’ve ever been part of restructuring of an organization, you know that the very mention of it can induce a sense of worry. Restructuring a company is tough and takes a great deal of careful planning. Moreover, business renewal is never easy nor is it fun because big decisions need to be made that affect
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How to Grow Your Small Business We recently worked with a small company to assist with their business development struggles. The CEO described his company’s situation as “able to perform well when we can actually get in the door.” The company employed about 20 employees and worked in the IT services industry. MRH conducted an evaluation of the business, focusing
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Research and Development Spending: Where Did the Money Go? I recently read Borderless World by Kenichi Ohmae in which he discusses the approaches companies take in terms of their technology growth and research investment. In his book, Ohmae highlights the differences between companies that truly flood the pipeline with investment, and those that play the betting game with a handful of specific projects. Having
» Read more 5 Tips for Working in China China is a vast and exotic place. You will find dazzling skyscrapers like something out of Sci-Fi flick. And you will find remote villages that make you feel like you’ve taking a trip back in time. If you are going to China for the first time, take note: doing business in China is very
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Put Your Employees’ Unique Skills to Work I am a baseball fan. Although I never used to enjoy the game, I have grown to appreciate the sport more and more – the strategies, the techniques, and the funny rules you don’t often hear about like the infield fly rule. As I watched a game not too long ago, I listened to the
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