http://www.naggesh.com Merging the leadership chasm: Tom Peters, Clayton Christensen, Peter Drucker, Robert Kaplan, Michael E. Porter Mon, 15 Feb 2010 16:22:27 +0000 http://backend.userland.com/rss092 en Cloud computing is a relatively new trend in the market in which companies make use of third party service providers to carry out their computing needs from publicly available internet protocol addresses. These trends are likely to affect the way many businesses are run in a great way. Three of ... http://www.naggesh.com/2010/02/15/cloud-computing-what-it-means-to-a-layman/ HOW TO CREATE AMBIENCE FOR INNOVATION IN AN ORGANIZATION Can creativity and innovation be developed, or is it inherent in man? Galileo said, “You cannot teach a man anything; you can only help him find it within himself.” While creativity mostly comes out of the blues at the least expected ... http://www.naggesh.com/2010/01/31/how-to-create-ambience-for-innovation-in-an-organization/ Innovation/Critical Thinking in Organizations Before we embark on a discussion on this subject, let’s first try to discern between innovation and creativity. In the words of Einstein, “Creativity is seeing what others see and thinking what no one else has thought”. Theodore Levitt coined innovation also into the equation, and said, ... http://www.naggesh.com/2010/01/18/innovation-critical-thinking/ Continued from Part 1...... Non-access to Actual Users: You should have continuous contact with the main users of your application. Keep in mind that they are the business analysts of your organization who are in daily use of your application. They should be encouraged to have faith and contribute to your project ... http://www.naggesh.com/2009/12/22/causes-of-unsuccessful-business-intelligence/ BI or Business Intelligence is a highly significant driving force behind the success of any business enterprise. It’s a culmination of the efficiency of people and processes for identification, compilation, storage, interpretation and application of data made available through IT. All leaders have to face up to severe challenges in ... http://www.naggesh.com/2009/12/22/why-businesscompetitive-intelligence-helps-the-organizations/ Large organizations as well as the smallest business entities have their own business models and budgetary plans for generating revenue and profits. Here, we will be looking in more detail at some key aspects of a typical business model for generating revenue. Most organizations sell multiple products rather than a ... http://www.naggesh.com/2009/12/22/managing-revenue/ People invest in company shares (or purchase equity) mainly for two purposes: For its Dividend Yield in earning a steady or growing return on investment (as dividends) and/or for its Capital Yield in seeing their investments appreciate in value over time in the Share Market.  Generally, the latter assumes more ... http://www.naggesh.com/2009/12/22/managing-capital/ Borrowing is justified for leveraging operations of a business entity. There is a cost attached to borrowing, which needs to be kept at a minimum if a loan is to be meaningful and profitable to an organization. It is prudent to always consider the cost of borrowing as well as ... http://www.naggesh.com/2009/12/22/borrowing-for-leverage/ Prepaid Expenses Avoiding prepaid expenses can help you in enhancing and maintaining a favorable cash flow. Prepayments generally occur when the period for which a certain payment is made, wholly or partly overshoots an accounting year. Subscriptions, vehicles licenses, all types of insurance payments, local rates and taxes, rents, leases and ... http://www.naggesh.com/2009/12/14/managing-prepaid-expenses/ Every business needs to have some form of fixed assets to different extents. It would be at peak especially in the organizations in the transportation and manufacturing sectors. Acquisition of fixed assets is a long-term investment that causes a big strain on the liquidity of an organization. Therefore, acquisition of ... http://www.naggesh.com/2009/12/14/managing-fixed-assets/