Blog of no Complacency in Business - 563 Words

If there is one thing to stray from when involving yourself in business operations, is the feeling of complacency. My 10-week blog has given me a larger insight to the possibilities and expectations of business management. Not only did I blog about business management but also about starting up a business of my own. Collectively, my blog was a learning experience about the business world and all it has to offer. If I could tie together all of the knowledge I have gained from my blog and research I would categorize it as motivation and risk. With an unmotivated attitude you aren’t capable of taking the necessary risks that are pertinent to the field of business. With a field that is based on â€Å"getting out what you put in† there is minimal room for a lack of enthusiasm but rather requires self-propelled success. You are the exact determinate to your success or failure when getting yourself involved. I have learned that being successful in business relates a lot to what type of person you are. With something as risky as trying to start up a business, as an individual, you must be willing to take on any risk. Your personality comes into play with business as well because of the connections that must be built to insure cushion for your business. Getting yourself out into the business world and creating endless connections is the epitome of a great businessperson. Another aspect to the great businessperson is the comfort level of risk to their ideas. All ideas you create should beShow MoreRelatedBlue Ocean Strategy978 Words   |  4 PagesReduce - Which factors should be reduced well below the industrys standard? 3. Raise – What factors should be raised well above the industry’s standard? 4. Create - Which factors should be created that the industry has never offered? Canopus Business Management Group shares three characteristics to unlock a blue ocean - focus, divergence, and a compelling tagline. These three characteristics assist in answering the four questions posed above. * Focus – â€Å"Focus is the key factors where theRead MoreOklahoma Tornadoes and Their Destructive Ways Essay1429 Words   |  6 Pages(2007) explained; sadly killing Mr. Walker. After hitting the power plant, it is speculated by the There is an old tale that if a tornado passes over water then it will dissipate but this one didn’t. She kept on through Woodward destroying houses and business in her path. The high school of the time was in its path and quickly destroyed. Two students who stayed behind to practice for the upcoming music event the next day in Alva were killed. The tornado kept on until it exited Woodward on the NE partRead MoreInternet Marketing : An Innovative Limb From The Advertising World1266 Words   |  6 Pagesown business. After reviewing the results, Declan confirmed that the Affiliated program was a revolutionized marketing strategy that all business would have access to it; he also recognized that in order to keep helping and orienting o thers, the use of blogs and even the immersion of online education were plans to were going to play an important role in a near future. Although it is not revealed what type of emotional pitfalls Declan might have faced, he probably struggled with a complacency emotionRead MoreCase Study : Eastman Kodak Company2771 Words   |  12 Pagesemploying 8,000 employees worldwide. While Kodak consumer products can still be purchased off the store shelves today, the company licenses it’s brand to other companies in exchange for a royalty. Most of it’s core business today is considered B2B (Business to Business). Kodak’s B2B business consists of Commercial Imaging Products, Workflow Software, as well Functional Printing (partnerships for touch screen printing). Executive Team Kodak has also been in the process of rebuilding it’s executive teamRead MoreBehavioral Economics Deck1345 Words   |  6 PagesOctober 27TH, 2010 SWITCHING BARRIERS RESEARCH 1 UNDERSTANDING CONSUMER COMPLACENCY TO SWITCHING TO THE BEST OFFER According to behavioral economists, consumers don’t always behave rationally, like a market (in theory) does, and they don’t make decisions based solely on facts or logic such as price or quality. Other psychological factors have an impact on decisions. This explains why very often, consumers become complacent when faced with the best value proposition. FEAR OF OVERPAYMENTRead MoreChange Management - Kodak3525 Words   |  15 Pagesleading strategic changes, organizations will have to rapidly evolve in an attempt to survive the onslaught of various enmity such intense competitions, technological advancements, consumer needs, etc. to maintain profitability and most importantly business sustainability. Globalization in its path, has brought about interconnection of the global marketplaces and sharing of information like never before, resulting in consumers demanding better services and products at lower costs (Daft, 2009, p8). TheseRead MoreMother Russia And The Annexati on Of Crimea. Mallory K Hylton.1722 Words   |  7 Pagesinformation. Little green men. That is what the soldiers were described as when they invaded Ukraine to take over government buildings and eventually annex the entire area of Crimea in March of 2014. Russian government declared that they had no business in these invasions, and claimed that the soldiers who in fact invaded were â€Å"self-defense forces created by the inhabitants of Crimea† (Marcius, 2015). Russia also claimed that they â€Å"had no authority over them†, conveniently wiping their hands ofRead MoreFeatures Of Market Dojo Adapting Hypercompetition2033 Words   |  9 Pagespresently comes in just 3 languages, etc. I wouldn’t advice globalization be taken into consideration in the short run. To further examine the state of MD’s preparedness I would recommend the use of the EFQM business efficiency model. Architecture and information: In a globalized business environment, the role of IT is changing, as information systems have become strategic assets. MD’s information architecture was uniquely designed not only to fit the e-auction industry (reverse and forward); electronicRead More Future Technological Impacts and Influences on News Reporting and Presentation2136 Words   |  9 Pagestraditional media (The New York Times, BBC), to the new and innovative news, opinion and entertainment sites (Slate, Salon, Slashdot), to the alternative, satirical, critical, obscure and even bizarre (TheOnion, AlterNet, or any of millions of personal blogs). One thing nearly all online news sites offer is immediacy of analysis. In our existing model of news reporting, television and radio offer real time live news, but little in the area of commentary and analysis. For the depth and back storiesRead MoreKodak and Fujifilm3529 Words   |  15 Pagesmore to market changes and currently still has a force to reckon. Kodak is currently in bankruptcy protection since January 2012 under Chapter 11 with a bid to try and reconfigure its business strategies. The difference in management strategies plays a key role in the way the two companies embraced innovation. Complacency and slow adaptation dominated in Kodak Company while Fujifilm embraced innovation spirit and diversified in all aspects to ensure market relevance. Each of the company’s approach