Recent content by anand.mba

Many companies run their businesses based on employees competing against one another to do better, and be the best. Take Yahoo!, for instance, who made it company policy to grade employee performance on a bell curve, and then fire those performing at the low end. Amazon uses a similar "stack"...

A lot of people make the assumption that skills taught in a business school like management and leadership is only necessary in the corporate world that they wish to leap into. However, truth is that managerial skills are much more important in a local small business setup compared to the...

Enterprise resource planning (ERP) has traditionally been considered as a tool limited to very large businesses with an abundance of resources to move around. That time has since passed, leaving behind a legacy of clunky software that was built on the pillar of big business. Newer ERP systems...

Students who pursue management studies always aim to work in one the large corporates and investment banks. While small businesses like plumbing and carpet cleaning may not sound as appealing as a Wall Street banker job, the learnings that you take home from all these different jobs are...

Over the past couple of years, the demand for online education as a viable alternative for traditional full-time courses has risen quite dramatically. Institutions like Harvard, Stanford and MIT have today made their courses accessible to the general population using the MOOC (Massively Open...

Email marketing has often been regarded the most evergreen form of digital marketing. Despite being around for close to two decades, the popularity of this form of marketing has not abated one bit. A recent MarketingCharts survey found that marketers regard email marketing as the most effective...

If you are like the majority of Indians, you are not happy with what you are earning. But have you ever told this to your boss? Ever asked for a raise? As a recent CareerBuilder survey reveals, more than two-thirds of employees who have asked for a raise have always got them. Interestingly...

There are two types of entrepreneurs I know - One is the kind of people who are kicked about the concept of entrepreneurship and so go ahead and register a business even before they find their first customer or make their first dollar. Second is the kind who are so much into the concept of...

In a large business setup, every minor improvement in process could lead to windfall gains in absolute numbers. For example, consider a tennis ball manufacturing company that finds a way to save 5 cents in every ball they manufacture. Given an annual production of 5 million tennis balls, this...

The automotive sector is seeing a huge disruption in the way it operates. After Tesla made a foray into the industry with the launch of its range of electric vehicles, Google too is stepping into the industry with the futuristic self-driving technology. The next decade will see a flurry of...

For the past two years, I have been working on helping small businesses grow their business. In the process of helping my clients, I have been growing too. I have worked with businesses that offer passenger services, roofer services in Manchester, online tshirts in South Africa and so on. Each...

As a small business, you really do not have too much budget at your disposal to invest in infrastructure that can foster high productivity. However, thanks to the recent advances in technology, there are a number of tools that your small business may deploy to ensure that the productivity of...

2013 was an eventful year for small businesses. This year saw the proliferation of mobile devices in ways never imagined before. Besides, there has been a lot of chatter among the policy makers for policies and laws that would make running a small business an attractive proposition. Given these...

Many divisive actors have contributed in the failure of most small businesses. It is becoming extremely difficult to align your interest to one common goal and make the most out of it. However, by adhering to some principles, you can make your business prosper even during the rainy days. Learn...

Australia is one of the leading healthcare destinations in the world and as a consequence of this, the number of students looking to pursue medical studies and healthcare management in Australia is on the rise. According to the Australian Institute of Business, an MBA graduate fresh out of his...