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Informative Articles

Buying Jewelry For Your Business Part 1 Buying Gold Jewelry
Whether you presently own a retail or web based business and are looking for an additional profit center or you are thinking of starting a business, jewelry is a “no-brainer” choice for a proven product category. The buying public, (particularly...

Creativity, Innovation and Market Performance
In the broadest terms, strategy is about growth. Decision makers are constantly looking for growth, in fact, in listed firms, shareholders demand it and at ever increasing rates. Creativity can be defined as problem identification and...

Deliverables in Professional Service Businesses - Part 1
While in traditional contract work (outsourced labour) we talk about tangible deliverables, that is, number of labouring hours, number of lbs or pages of reports or workbooks, number of Mbytes of files, etc., in consulting most of the deliverables...

Ethnic Business Awards 2005 Winners Announced, Sydney Australia
Ethnic Business Awards 2005 Winners Announced, Sydney Australia Sydney, Australia - The 2005 Ethnic Business Award Winners were officially announced at an exclusive gathering in Sydney, Australia. The Awards were created 17 years ago by...

What Is Drop Shipping? The Perfect Solution
Drop shipping one of the greatest business innovations since products. Seriously, don't laugh! I'm not joking! With what other service can you use another company's products, their warehouse, their shipping department, and have them provide...

 
Speed as a Trend

Observing and reacting to trends makes the difference between success and failure in today's marketplace. Technology is shrinking time and space, giving customers more choices and businesses more competition with less time to respond. Thus, speed is an emerging trend that impacts business in a number of ways.

In today's turbulent business world, the most profitable businesses are those that anticipate and react quickest to customers' needs. Success means moving more quickly than ever before. It doesn't mean pushing yourself to work at an overstressed, breakneck pace. It does mean taking a whole new focus and approach to working, selling, managing and leading to speed up the business.

Researchers and consultants are talking to businesses to find what does and doesn't work in an era of accelerating change. Whether it's GE or Motorola in manufacturing, Wal-Mart or Home Depot in retailing, or Southwest Airlines in the service sector, thriving businesses are practicing some common key essentials.

* Focus on the customer. Ask, listen, and respond.
* Align with the future. Benchmark and prepare.
* Be an innovator. In an era of rapid change, improvement through innovation is king.
* Do it with quality. It lowers costs, increases speed, builds pride, and improves customer loyalty.
* Get rapid, accurate feedback. Know what your customers, competitors, employees, suppliers, and the market are

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doing. Ignorance can be fatal.
* Ability means agility. Be flexible and quick to respond and adapt.
* If it doesn't add value, don't do it. If an activity doesn't add value, get rid of it.
* Build teams, not empires. Self-directed work teams make better, faster decisions.
* Lifelong learning is everybody's job. Learn how to learn and keep learning.
* Just do it! Set deadlines that force you to use time efficiently and effectively.

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About the Author

Harry K. Jones is a professional speaker for AchieveMax® Inc., a firm specializing in custom-designed keynote presentations, seminars, and consulting services. Harry has made presentations ranging from leadership to employee retention and time management to stress management. For information, call 800-886-2MAX or visit http://www.AchieveMax.com.