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donald mcmichael

donald mcmichael

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Don’t call it a comeback

January 21, 2020

That's certainly true for LL Cool J. In my case... not so much. Six years ago my career path, where I was going serving my community, and the impact of blogging diverged. It's not that I didn't have anything to say... I did, and I continue to. I just did it in a different way. So why am I

Wait before you go: Crafting a compelling business model narrative

September 17, 2014

Quite often it's not what you say but how you say it. In the case of business plan narratives it's both what you have to say and how you say, according to Paul Hobcraft, group lead at Agility Innovation. "Framing the business model needs a compelling story so that it can be quickly and well

Behind the scenes: Setting a solid strategy

September 15, 2014

When it comes to strategy, in particular the development of, people tend to favor what's shinny. Shinny looks nice but can easily become a disaster, writes Rich Horwath, author of Elevate: The Three Disciplines of Advanced Strategic Thinking. It is also necessary to determine how a proposed strategy

What Now?

The digital business battlefields of future lore

September 12, 2014

The future is coming and managers far and wide have thrown their trust into technology, particularly looking toward the Internet of Things (IoT). However, because the future, unlike times in the past, is so vague the likelihood of a strategic initiative hit the mark is slim to none. Thus, writes

Selecting the right revenue model

September 10, 2014

Here is what most people do. They take a look at the 10, or so, revenue models that exist and pick one that they think provides the business the best return. In reality, writes Martin Zwilling, Founder and CEO of Startup Professionals "Your challenge is to set the right price to match value

Should you use cash or accrual accounting? …why, both of course

September 8, 2014

You can and in fact should use both. Just be sure to use accrual accounting for management decision-making and if you are allowed cash accounting for tax purposes, according to Doug and Polly White, small business consultants. "In cash accounting, the company recognizes revenue when it receives

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“Our problem isn't the volume of information; it's how we make sense of it all. Our biggest issue is how we make decisions in the workplace.”

Jay Acunzo

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When it is obvious that the goals cannot be reached, don't adjust the goals, adjust the action steps. - Confucius

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