The Impact of Technology on Business

Boarding a Flight

How Can Technology Help (Or Hurt) Your Customers?   As I waited for my flight to Amsterdam today, I grabbed a bite to eat at the nearby café. It was a late afternoon flight that would get me in around 7PM – just enough time to get dinner with an old friend, who was to pick me up at the

» Read more

The Power of Incremental Progress

Take Small Steps To Reach Big Change

Every year, companies establish goals and objectives for their business.  Some firms may plan further out – as far as 5 years – in order to obtain a certain sales targets and other corporate metrics.  Unfortunately, many businesses stop there and lack a strategy for how they will actually achieve the goals.  As a result, the lofty numbers on the

» Read more

Doing Martial Arts Today Can Make You a Better Manager

How to Manage in Chaos It was late on a Friday when an employee came by my office to check in before he left for the weekend.  The office was mostly empty by this point, and he was one of the last to leave.  It had been a busy week and we had hardly crossed paths over the previous five days.  This employee was one

» Read more

How Establishing Specific Metrics Strengthens Your Business

How to Create Business Metrics Our world revolves metrics.  Businesses track financial investments to see how they grow.  Professional and weekend runners alike continually push themselves to shave seconds of the time it takes them to run a mile.  And some people monitor their vehicle’s gas mileage to help determine when they need an oil change.  Metrics, after all, are used to measure

» Read more

Simplify Your Small Business Expansion Through Partnerships

managing friends

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

» Read more

How a SWOT Evaluation Can Help Your Business

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

» Read more

7 Business Development Tips for Small Businesses

managers resource handbook

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

» Read more
1 2