Management

In business, not everyone makes it big. According to the Bureau of Labor Statistics (BLS), at least 20% of new companies won’t make it past the first year. By the fifth year, that percentage will […]

Machines are integral parts of the production process. That said, they need regular maintenance to stay in good working condition and avoid unexpected downtime that can, in turn, lead to unnecessary delays in production and higher […]

Investors and managers alike will be familiar with the Pareto rule of wealth distribution. 80% of your outcomes come from 20% of your efforts, while the remaining 80% of work drives only 20% of your […]

The global pandemic has caused the logistics business to slow down due to border closures around the world. A few companies showed resiliency as they focused on strengthening their core business and enhancing operational efficiencies. This shows […]

As children, we grew up watching or hearing about the story of Cinderella. We know the basics — her stepmother and stepsisters treated her badly. Then, she meets the Fairy Godmother, who helps her get […]

It has always been corporate culture all over the world to see women as the weaker sex. Male bosses ask women about vacuum cleaners and pressure cookers because the idea is that women took care […]

Business owners implement various tactics to ensure consumers will notice their products and services. They often focus on running different campaigns that aim to increase brand awareness. Indeed, getting your brand noticed is essential to […]

It may seem like every software or app idea has been done before, but there are still plenty of gaps in the market, and it’s entirely possible to add twists to previously done apps. If […]

The supply chain is crucial to a business’s success, and most fail due to a lack of finances. A large chunk of finances, amounting to up to 90% of the cost base, can be attributed […]

Although accidents and injuries happen, their costs can be staggering for a business. The 2017 report on non-fatal injuries by Liberty Mutual revealed that companies spent a mind-blowing $60 billion on direct compensation for workers […]