Other People’s Recycled News | August 3-9

Ontario poised for economic rebound

Ontario’s economy is poised to rebound next year, boosted by financial services, transportation, and stimulus from Ottawa, according to two forecasts released yesterday.

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The gift of customer feedback

Reduced consumer buying power coupled with fewer resources at most businesses prompts a poignant question: What can be done to maintain or even grow sales without spending money?

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You Need a Credit Policy

In this tough economy, many business owners are finding that customers who have always paid on time are struggling to stay current. Other customers who were already slow payers are falling farther behind or are unable to pay at all.

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Identify and Cure Negative Workplace Attitudes

Research is conclusive–emotions are contagious, especially in group settings. Negative attitudes lead to destruction, while positive attitudes lead to construction. In a 2001, Dr. Sigal Barsade, reported that not only are emotions contagious, but negative emotions will cost you big if left alone. Here are some useful findings about emotions.

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Start-up tips: 10 Tips For Evaluating Your Competitors

If you’re working on a start-up or have an established company, there will come a time when you’ll need to evaluate your competitors. There are three components to a good competitive analysis: (1) defining the metrics and identifying the competitors you’re comparing, (2) gathering the data, and (3) the analysis.

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Managing in a Turbulent Economy

Business people are not economists—thank God.  Business people are competitive pragmatists, who must figure out how to “play the game,” under whatever conditions and rules that exist.  That’s what I will focus on here.  Even though God may laugh at man’s plans—making those plans is both prudent and necessary.  The secret is making them with alternatives that allow them to be adapted to changing circumstances.

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