Good risk vs Bad risk Many people grow up with the belief that taking risks is a negative thing. Whether you are looking to start a business or broaden it, every project brings a risk of failure. It is not good to make decisions as you go along, it is better to develop a strategic […]
One of the things that many businesses around the world are notorious for is layoffs of their workers when they have to cut costs. It appears as though the least required asset for these companies is their workers. As brutal as it may sound, many businesses reduce their team sizes to reduce their costs every […]
What is Risk Management? It is basically taking risks for your startup in a controlled environment. So, when you take the risk you have got a backup plan to cover fire in case you run out of ammunition in the war zone (market). This is known as Risk Management in the world of startups. I […]
Operating a global business today requires efficiently managing a network of third-party partners that supply product components, run operations in foreign markets, operate call centers, or act as outside consultants or agents. The vast array of capabilities and specialized skill sets of a well-maintained third-party network makes operations easier for both the organization and its […]