A business portfolio is a collection of a firm’s goods, services, and strategic business units that allows the organization to expand its vision and meet its strategic objectives. Managers may make strategic business decisions for the whole portfolio by looking at this portfolio and each company unit individually. Also, each unit in the portfolio might...
Being innovative and creative is all about attempting to see things from a fresh perspective; it’s all about coming up with new ideas. It’s about attempting to see an issue in a fresh perspective by stepping outside of the conceptual restrictions we place on ourselves. Promotion of workplace innovation not only helps businesses remain ahead...
Delegation, let’s accept it, is difficult. So, how do I delegate jobs when the need arises? As much as we’d like to relieve ourselves of some stress and responsibilities, it’s not always easy to delegate those responsibilities to others. But what is it about effective delegating that makes it so difficult? There are a few...
Scaling is defined as an increase in income growth without a significant increase in resources. Scaling growth entails developing business models and constructing your organization in such a way that it can readily scale in order to create constant revenue growth and avoid stalls without incurring significant additional costs and/or resources. Consider the following scenario:...
If you haven’t already heard of the Southwest Farmers market, allow me to introduce you to this Houston gem! Founded in 2004, Southwest Farmers Market has taken Houston by storm - one market at a time. With five stores and still counting across the Texas area, this farmers market is a one-stop-shop for all of your grocery
