Posts Tagged ‘training’

The Importance of Business Acumen Training For Managers and Employees

Wednesday, May 4th, 2011

The message to CLOs is becoming clearer and clearer. Company leaders want them to align educational offerings with the organization’s strategic objectives.

That’s not an easy challenge. They must ensure that education and communication initiatives reinforce the company’s goals. They must help employees understand these goals and develop the skills and motivation to contribute to them.

And at the most basic level of alignment, they must make sure that every employee understands how the company makes money. That includes understanding how profitability is driven, how assets are used, how cash is generated and how day-to-day actions and decisions, including their own, impact success.

Developing business acumen is fundamental to business alignment. Consider Southwest Airlines, which was founded in 1971. With 33 straight years of profitability, the airline has become widely recognized for the motivational culture it creates for employees and its extraordinary dedication to customer service.

Much of the industry has suffered during the years of Southwest’s growth, including many airlines that have merged or declared bankruptcy. Southwest buys the same planes and the same jet fuel as other airlines, and pays its employees competitive wages and benefits. What’s the difference?

Unlike some of its competitors, Southwest’s management team involves employees in the company’s financial results, explaining what the numbers mean and, more important, helping to link everyone’s decisions and actions to the bottom line. The airline has an open culture, one of inclusion at all levels, and employees understand their roles in providing great service and keeping costs in line.

Certainly there are other factors that contribute to the success at Southwest, but it’s difficult to ignore the positive impact of an approach that develops the business acumen of all employees and managers so that they can contribute to the airline’s success.

An Educational Challenge

Unlike those at Southwest, individual contributors and managers in many organizations today have not been educated about the big picture of their businesses. They have a narrow focus on their own departments and job functions and aren’t able to make the link between their actions and the company’s success. Multiplied by hundreds or even thousands of employees, this lack of understanding – the lack of true business acumen – means that too many decisions are being made and too many actions are being taken that don’t align with business objectives.

How can training help bridge this knowledge gap? For many companies like Southwest, implementing learning programs designed to develop a strong foundation of financial literacy and business acumen has made the communication of financial results to employees easier and more effective.

Business Acumen: A Definition

Very simply, business acumen is the understanding of what it takes for a business to make money. It involves financial literacy, which is an understanding of the numbers on financial statements, as well as an understanding of the strategies, decisions and actions that impact these numbers.

Someone with financial literacy, for example, would be able to “read” the company’s income statement. This employee or manager would understand the terminology (revenue, cost of goods sold, gross margin, profit, etc.) and what the numbers represent (i.e., gross margin equals total sales/revenue less the cost of goods sold).

With business acumen, the individual would be able to “interpret” this same income statement, taking into consideration how company strategies and initiatives have impacted the numbers during specific periods of time.

Consider a simple comparison: In football, it’s necessary for players to know how the game is scored as well as how to play the game to change the score. In business, financial literacy is understanding the “score” (financial statements) and business acumen is understanding how to impact it (strategic actions and decisions).

Asking the Right Questions

When business acumen spreads through an organization, employees and managers begin to ask questions. These questions are directed not only at the organization, but also at themselves and their departments – questions about processes, products, systems, staffing and more that can lead to necessary and innovative decisions and actions.

Business acumen helps everyone understand that it’s not enough to ask, “How do we cut costs?” or to say, “We need to increase sales.” Digging deeper, employees with higher levels of business acumen will ask questions that take into consideration the far-reaching impact of potential decisions and demonstrate a greater ability to make the connections between performance and results.

Questions that could get to the root of disappointing operating ratios:

• Have production costs gone up? If so, why?

• Have we changed prices? If so, how has that affected our margins?

• Are there any competitive issues impacting our performance?

• Have there been any customer requirement changes?

• If our costs per unit produced have gone up, can we better control the efficiency of our production or service delivery?

• Is there a way to produce a greater product volume at the same cost?

• Can we raise prices, still provide value to the customer and remain competitive?

When questions become more specific, the right decisions can be made.

Business Acumen for Managers

Managers at all levels need a high level of business acumen to do their jobs. Every day, they make decisions about employees, projects, processes, expenditures, customers and much more – decisions that ultimately roll up into larger organizational results. Managers who make these decisions while looking through a departmental lens only, with a limited understanding of how these decisions affect financial results or how they are tied to the organization’s goals and objectives, are working in silos that can ultimately damage the company.

Managers are often promoted to their positions of responsibility because of their “technical” expertise. They’ve been successful customer service representatives, great salespeople, innovative researchers or well-respected IT professionals. They are now entrusted with decision making, budgets, projects and people. They often do not have financial literacy, nor have they developed a higher-level perspective about the business. Over time, especially if they move up the managerial ladder, they may develop these. Or they may not.

Organizations need managers who operate as part of the management team, taking accountability for their own results as well as the results of the entire company. Therefore, more and more organizations have built financial literacy and business acumen into managerial competency requirements and have integrated business acumen training into management curriculums.

Business Acumen for Employees

Although there is little debate about the need for managers to develop business acumen, organizations sometimes question the need for this understanding at employee levels. But frontline contributors, those who are most directly involved with production or customer service, for example, take actions every day that impact business results.

Consider the salesperson who discounts products, or the service representative who deals with an unhappy customer, or the maintenance person who notices a problem. The actions each of them takes might erode profit margin, lose a good customer or allow safety issues to escalate. Without an understanding of how their actions impact the company’s results, they might not have the context to consider alternatives.

Many organizations have determined that financial literacy and business acumen aren’t just for managers anymore. They have decided to develop a company of people who understand the business; who know what return on assets and return on investment mean; who know how inventory turnover rates affect results and the importance of positive cash flow; who see the connection between the company’s financial success and their own health benefits, 401(k) plans and more. In other words, they need people who understand the “business” of the business.

In his book Good to Great, Jim Collins says, “We found no evidence that the ‘good-to-great’ companies had more or better information than the comparison companies. None. Both sets of companies had virtually identical access to good information. The key, then, lies not in better information, but in turning information into information that cannot be ignored.”

With an increased level of business acumen, managers and employees can better interpret information, making the connection between their actions and the company’s results.

Another Reality of Today’s Business World

A public company’s operating results are well known at the end of each quarter. Analysts, investors, the media, employees-everyone has access to a company’s financial results. With a significantly increased focus on accounting improprieties over the past few years, senior management has become highly conscious of the need to provide accurate and timely financial information. And employees have become much more likely to wonder about these numbers. “Is my company being honest? Are the numbers telling the whole story?”

Without a fundamental understanding of financial results and an ability to interpret them, employees may become suspicious and, ultimately, disengaged. Disengaged workers, in turn, negatively impact productivity and profits.

CEOs of public companies, then, must ensure that managers and employees are able to understand the numbers and have confidence in them. That means effective business acumen education as well as ongoing and open communication from the top.

Former GE chairman Jack Welch said in his book Straight from the Gut, “Getting every employee’s mind into the game is a huge part of what the CEO job is all about…There’s nothing more important.”

The Big Picture

As we have become a nation of specialists, armed with new information technology and enterprise-wide operating systems, it has become easier for managers and employees to become myopically immersed in their own jobs. This immersion can have the effect of obscuring their view of the big picture. They may not consider the cumulative effect of wasted assets. They may have little regard for the objectives and responsibilities of other team members, departments or divisions. They may lack the motivation to invest personal energy in critical project work.

Organizations that engage in developing business acumen provide a clearer vision and an overall context within which employees can work, while creating an environment that is more likely to break down internal barriers. There is less waste and less ambivalence. There is increased innovation. Employees are more engaged, they understand their role and its impact on business results, and they are more likely to believe that their efforts really matter. They are more likely to think like a business owner.

Think Like an Owner

To be successful, business owners must be able to helicopter above day-to-day issues and see the big picture. They must understand how the pieces of the business fit together to impact profitability and cash flow, and they must be able to assess the risks and rewards of potential decisions. The best business owners study the numbers, ask themselves tough questions, analyze their mistakes and take decisive action.

To truly understand the business, owners have to understand how that business makes money – in other words, how it produces sales, profit and cash. Organizationally, they know that it’s about people, processes and productivity. On the customer front, it’s about satisfaction, loyalty and market share. Ultimately, every action taken and every decision made in any of these areas will impact sales, profit or cash.

When managers and employees begin thinking like owners, they, too, look at the big picture, understand how all the pieces fit together, and assess risks and rewards. They understand, like an owner, how the company makes money, how it stays in business and how they contribute to its success.

The benefits to an organization of engaging managers and employees in this kind of ownership thinking are obvious. So how can a company develop the business acumen of its people?

Developing Business Acumen: Two Stories

Entrepreneurs are generally forced to develop business acumen on their own. They are hands-on with their businesses and have to make all the decisions as they go along, whether good or bad. They either learn from their mistakes or fail.

It’s very different for managers and employees in an organization.

They aren’t involved in all aspects of the business, and they make decisions primarily within their own areas of responsibility. Since seeing the connections isn’t easy, they need to learn in some other way.

Books and lectures can help. But business acumen is best developed experientially. Learners must be able to analyze situations, ask questions, discuss issues with other learners, consider options, make mistakes and see results.

Although there are a variety of ways to accomplish this kind of experiential learning, many companies have found that simulations, which mirror reality and allow learners to experiment in a safe environment, are one of the best ways. Here are the stories of two companies who chose to educate their learners with business simulations.

Comcast Cable Communications

The NorthCentral Division of Comcast – one of the country’s largest entertainment, information and communications companies, specializing in cable television, high-speed Internet and telephone service – set out to ensure that managers and employees throughout the organization had the financial acumen required to make good decisions. A companywide survey had clearly demonstrated this need – especially for managers of employees who had direct contact with customers.

For example, if a customer calls with a service problem, frontline employees and their supervisors can issue credits to the customer’s account in an effort to resolve the issue. Although this may be exactly what is needed for the situation, Comcast realized that employees making these decisions didn’t necessarily understand that a $10 credit could ultimately require more than $100 in revenue for the company to break even. Similarly, a service technician’s visit to a customer’s home might cost $50 directly, but the company might have to sell an additional $500 in services to cover the cost.

“The lack of financial acumen among supervisors and employees was largely understandable,” says Mark Fortin, senior vice president of finance for Comcast’s NorthCentral Division. “Almost 75 percent of the company’s employees are on the front lines in roles such as call center personnel or field technicians. They are trained to be good at what they do, but their backgrounds typically don’t include emphasis on financial literacy.”

Comcast human resource executives determined that a fundamental approach to the development of business acumen was needed. However, this approach also would need to be fast, engaging and job-relevant. Expanding upon its already robust Comcast University management curriculum, the executives chose to integrate a high-energy, tailored learning experience that would provide the “basics” and, at the same time, deal specifically with Comcast terminology, concepts and strategic imperatives.

As they participated, learners made decisions about products, processes, pricing and more, and they saw how those decisions impacted financial success. In the end, it became easier for them to make sharper day-to-day choices.

“The thing that sticks out for the frontline leaders, the field technicians, and the call center supervisors and managers who attend, is the high cost of sales in our business,” says Sophia Alexander, senior manager of curriculum and metrics for the division. “It’s like a bell goes off in their heads when they realize what it costs for us to earn what we need to earn to run the organization.”

Attending the learning session is not mandatory for supervisors and managers. However, there is an unwritten expectation that they will participate in business acumen training as well as other Comcast University core programs, according to Jan Underhill, senior manager of leadership development for the NorthCentral Division. That expectation, coupled with the fact that manager compensation has recently become tied to meeting specific financial goals, has kept attendance high.

Senior executive support also has been an important factor in creating interest and awareness around financial literacy. “Getting people to sign up is much easier when senior executives like Mark Fortin are strong advocates for the program,” says Underhill.

Feedback has been resoundingly positive. On average, for example, Level 1 feedback about the discovery learning based business acumen sessions has been 4.5 on a 5-point scale. That means that the program has exceeded expectations. Better than that, says Sophia Alexander, senior manager of curriculum and metrics for the NorthCentral Division, is the empirical evidence that the new insights and knowledge have made a difference. For example:

• Participant self-evaluations indicate that financial literacy has increased by at least 25 percent as a result of the business acumen training.

• After the training, there was a 20 percent increase in the participants’ ability to use basic financial terms and concepts on the job.

• Almost 45 percent of supervisory participants report that they are using their business acumen knowledge in daily communications with staff and peers.

“Some people, particularly in big companies, feel like there is an open checkbook. They think… I don’t own the company. It’s not my problem. Somebody will pay the bills. But in today’s environment, with some very large companies in trouble, everyone needs to be part of the solution. Business acumen education for managers and employees helps the company as a whole, but it also helps employees. It’s about self-preservation to some extent.” comments Fortin.

Southwest Airlines

Southwest Airlines is one of the consistently profitable companies that makes “business literacy” a core component of its employee training programs. Every employee has a solid understanding of what a new customer, and new revenue, means to the company. Employees also know how the loss of a customer can impact the business.

According to Elizabeth Bryant, director of leadership training at Southwest Airlines, “Our training covers how the financial ratios such as return on assets and various margins are determined. Knowing that team managers, supervisors and all employees have this knowledge enables the company’s leadership to present detailed financial reports and explain to the teams where the margins need to be. Management can speak more in depth to all the employees, and the employees understand what the objectives are.”

Bryant added, “Because we don’t waste the little things, because we track every penny and every activity, we’ve all come to know the importance of each cent. With the pennies in hand, we spotlight the idea of compound interest- for example, how the small savings help us by year’s end and how small amounts of waste can conversely add up to hurt us.”

Consider the importance of a key operating metric for the airline industry – operating cost-per-seat mile. This is how much it costs an airline to fly one seat one mile. All the operating costs are divided by the total number of seat miles (the total number of miles of all the seats that were flown for a given period, whether a passenger was in the seat or not). Much of the industry has had cost-per-seat mile results at or over 10 cents. Southwest Airlines’ cost-per-seat mile is about 6.5 cents. The lowest cost-per-seat mile in the industry almost 25 years ago was just over 5 cents.

How do they do it? Certainly there are a number of factors that lead to success. However, one of the key influences is Southwest’s ongoing training in business acumen. This training ensures that employees know:

• How challenging it is to ensure ongoing profitability; making a profit can never be taken for granted

• The importance of utilizing the benefits of the good years to prepare for the tough years

• The impact of individual actions and decisions to the bottom line

In other words, Southwest invests in training to help employees think like business owners. This, in turn, produces real results, like its consistently low cost-per-seat mile. When Southwest’s learning team decided to implement a business acumen simulation several years ago, there was some initial concern about how well it would be received.

Bryant explained, “Some people, especially those without financial training, were nervous about the topic. We are such a people-oriented company that we didn’t want people to think that now we’re just a financially oriented company and everyone will be judged purely on financial performance. But we positioned the need for the business literacy training as another way to prove that we actually care tremendously for each employee. We explained that if you understand what the numbers mean then you can better understand how your work provides an integral contribution to the business.”

Southwest Airlines, according to Bryant, has never had a layoff – a rarity in the airline business. The more their employees understand the challenges of the business, the better they appreciate the importance of making smart decisions every day.

Bryant concluded that the discovery learning techniques in a robust business simulation work well in the Southwest culture because of the team orientation. “All the participants learn that they can’t individually make it all happen,” said Bryant. “They learn that they have to look beyond themselves, act and think like an owner, and realize that our efforts and financial results here are not just for a career, but for a cause. It’s this cause-oriented philosophy toward delivering a low-cost, high-quality service that allows people the opportunity to travel. Our success at achieving positive results translates to individual opportunities to work, to grow and to continually think of innovative ways to improve our business and serve our customers.”

The Classroom Advantage

These two companies chose to develop the business acumen of managers and employees by using a classroom-based simulation, facilitated by instructors at company sites. Although online options were available and were used in some cases to supplement the instructor-led training sessions, they decided that there were significant advantages to tackling this subject in a “live” session where they could leverage the power of:

• SHARED KNOWLEDGE AND EXPERIENCE: Learners bring their own perspectives and issues to the session.

• TEAMWORK: Learners work together, make decisions together and rely on each other as they learn.

• COMPETITIVE FUN: Small teams “play” against each other and enjoy a competitive environment.

• COMPANY-SPECIFIC DISCUSSIONS: The learners’ common interest in their own company’s financial and strategic issues allows for greater analysis and depth of discussions and a true “connection” between the learning simulation and the organization’s reality.

• LEARNING MOTIVATION AND COMFORT: Learners who may not be comfortable with the subject of finance find themselves playing a game in the comfort of a team environment.

Although there are a number of educational approaches available to organizations in the area of business acumen, classroom-based training that brings together teams of learners can help ensure that learning occurs and that connections to the business are made in ways that prompt action back on the job.

The Bottom Line

More than ever, successful companies will need to focus on developing the business acumen of managers and employees. These companies will realize that when their people understand the numbers, when they understand how their departments contribute to the company’s objectives and when they see how their own decisions and actions make a difference, they will begin to operate as part of a team rather than in a departmental or personal silo. And a critical piece of the alignment puzzle will be solved.

With widespread business acumen, companies can have a powerful asset – educated, knowledgeable and motivated employees. And with this asset, those will be the companies best positioned to succeed.

Raymond (Ray) Green is cofounder and CEO of Paradigm Learning. Paradigm Learning is a corporate training and communications company specializing in the design of business games, business simulations and Discovery Maps?.

Article Source:

http://EzineArticles.com/?expert=Raymond_D._Green

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Facing Business Closure: Try Six Sigma

Saturday, April 23rd, 2011

Six Sigma is a way to help a business improve when facing business while also works before there is a problem. Six Sigma is a program that presents special principles geared toward management.

Businesses are starting to use this more and more to help their business including help for the processes, workers and customers. Some companies are still holding off using Six Sigma because they are not sure it is a program for them. They are concerned that it will work for them. Many look into Six Sigma and even see how other businesses are progressing on the system before deciding to implement Six Sigma. They want to be sure.

The use of Six Sigma in business forecasting helps a business success because it deals with actual figures. The facts of the business and statistics are reviewed to help management determine what is working and what is not working. Six Sigma is a scientific way of finding ways to make improvements. Data is gathered related to the way business is done then it is reviewed. This will help them make a plan that is improved through knowledge. It is becoming more important for businesses to improve the way they do business because Six Sigma will make the customers more satisfied.

Employees go through Six Sigma training that has different levels. Each level presents more information than the one before, but they build on each other. Management employees then take and exam to earn certification. They bring their knowledge to the workforce to apply to everyday operations as well as to help fellow employees. This is designed to lead to business success, employee productivity and satisfied customers.

The limitations of Six Sigma when it comes to the business world exist too. It is important for this to work is that management goes through the steps set forth in the training but they also need look at the business on a level related to the actual business. Not every business is exactly like another so that means they need an approach that is geared toward their need. It is more important to implement the tools of Six Sigma for most businesses to find a new way to improve the way the business is run. Six Sigma is an ongoing process. What works today might need to be improved tomorrow so evolution is ongoing. It is bets to keep your own self abreast of the latest developments and see how the new implementations can help.

Continue reading here: Facing Business Closure: Try Six Sigma

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Online Business Ideas for Beginners

Thursday, April 21st, 2011

Are you curious as how to get started building a business online? If you are new to the online business world this article will explain different online business ideas for beginners. Because there are so many different opportunities available to you with the ever-expanding world of internet commerce, it is important to understand how to generate income online as fast as possible. So here are the three tips/ideas I have: affiliate marketing, training, and having an online marketing strategy. Read on and I’ll explain these tips in more detail.

Many beginners look to affiliate marketing as their first endeavor online. This is a great idea, since you won’t have to stock any physical products, deal with customer service issues, and you get to choose what hours you want to work. As an affiliate you will basically be promoting another companies product, and when you get a sale you earn a commission off of that. This is a great online business idea for beginners because the hard part of actually creating the business, the product, website, etc. has already been done for you. All you really need to do is find creative ways to promote that product. How exactly to promote the products will be explained in the next couple of paragraphs.

The next of our online business ideas for beginners is actually more of a recommendation than an idea. Anyway, this recommendation is to find a training program that will help you with your online business endeavors. If you decide to become an affiliate marketer, find a company or a product that has instructions and tips you can follow to become more successful. This is also a good idea just in case you get stuck or if you have any problems, you’ll have someone to help you out. Be careful though; there are scams, so please research the program you are interested in thoroughly before you go ahead and purchase it.

The last online business idea for beginners I have is to come up with an online marketing strategy. You will need to have some sort of strategy no matter what type of online business you’ll be creating. Whether it be affiliate marketing, MLM, or selling your own products online, you will need to make a strategy on how to attract potential customers to see your products. After all, what is a business without customers? Remember that in order for your business to be successful you will need to market it properly and to the right audience. You can find much more information about good marketing strategies just by doing a quick Google search.

In summary, these three ideas can be helpful in your online business endeavors. There are so many opportunities available to you, make sure you research the different programs, make sure they offer training and support, and they can help you devise a fail-proof internet marketing strategy. If you do that you’ll be well on your way to success!

Wishing you the best,

Beth Balcum

Are you looking for more information about online marketing? Check out our website at http://www.jimmybalcum.com

Article Source:

http://EzineArticles.com/?expert=Beth_Balcum

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Start a New Business the 4P's

Tuesday, August 17th, 2010

Many of us have at some time, have had an idea for a business.

The key factors in starting any business is the 4 P’s

Passion

Planning

Productivity

Performance

You can have the best of ideas, intensions and aspirations, if you do not have the 4P’s you are going to have trouble succeeding.

1. You have to have passion – The first and foremost key factor – that burning desire, that belief deep within you, it is in your thoughts present and future. This is your drive button.

2. Planning – another key factor. Planning involves all aspects of the business

Example: Business structure, legal requirement, financial requirements, marketing, products and services and the most important staff requirements.

The first thing you have to do is have a plan, how, when and why do you want your business to run efficiently and productively for success.

Structure

Draw up how you intend to structure the business i.e. individual, partnership or company these are all important to due taxation requirement s and personal requirements.

Financial

You need to see a third party (specialist) account, solicitor to gain expert legal advice prior to signing anything, how much capital is necessary, banking facilities, credit facilities, eftpos, what records and strategies are needed.

Contracts

Registered Business Name, ABN, ACN, OHS, BAS, PAYG,GST, Local Council permits, Look at the contract to see if any legal or other restraining factors could effect you i.e. lease, shopping centre guidelines, franchise agreements etc. Always get expert legal advice prior to signing any contract.

Marketing

Know your niche market, target your niche market, know your demographic area, look into local councils, be aware of competitors marketing, grow your own marketing plan for you business – networking, advertising, local groups, affiliates, online, business cards, promotions etc

Products and services

Know your product, are there any training facilities to train staff on products, quality, quantities, legal requirements on packaging and waste removal etc.

Customer service – building a rapport with your clients, educating your clients, marketing to your clients, feedback, quality assurance control.

Staff

These people are your front line people of your business, these people are the first thing your customer will see upon entering your business, so training and productivity skills are vital here.

These are just some basic formats to follow; correct planning from the beginning can save a lot of headaches later.

The statistics show that 1 in 3 businesses do not succeed after the first twelve months.

If you have passion, planning, productivity, and proven performance, training, staff, the correct marketing and good legal advice you’re off to a good start.

3. Productivity

I believe this is the most important part of any business, having systems in place from the beginning to implement, monitor, improve, analyse, and report are vital.

See ezine article 7 steps to staff productivity.

4. Performance

Having systems in place to monitor, improve, analyse and implement are vital to your staff, business and financial performance.

Research is showing that having a Coach in this specific Industry can attain you and your business an advantage, with all the new technologies and new business implementation strategies available this new innovative technique come in with high regards from many corporate companies as a huge advantage to starting any new business. What is coaching – it is new innovative technique to get the best possible positive outcome possible on a personal level and a business level, and guarantees your business starts off with the requirements needed to making it in today’s business world. (And gets started with a buzz rather than a boom).

What is Business Management and Development?

1. Establish a business
2. Establish business networks
3. Build client relationships
4. Promote products and services
5. Undertake financial planning
6. Monitor and manage business operations
7. Promote the business
8. Undertake business planning
9. Develop work priorities
10. Identify market opportunity/ marketing/networking
11. Staff development and training.

What is Coaching?
A Coach is someone who cares, listens to your needs and guides you through to your objective, dream the first time, every time.

Have you ever wondered HOW will I get there? HOW do I do it? WHY am I not attaining my goals and ambitions?

I HAVE A SAYING IN MY BOOK – I CAN!
I DO
I WILL
I HAVE
I KNOW

Your mind is powerful tools if used correctly, do not waste it.
Only YOU can change.
Only YOU can make the choice.
Are you worth it? YES Can you? YES
Shine, be all you can Be!

A little History on Life Coaching
A Coach gives people confidence and the ability to move forward in a positive manner in the areas of their life where they crave change.

It begins with an awareness that every human being is born with ability to be, do or have whatever they want in life. By the time many of us are Adults we have lost the ability. However, we experience the feeling that our lives are drifting off course, that there must be something better than this. It can be used for private individuals or within a Business environment.

Coaches can specialise in any particular areas. In essence, a highly practical portable skill which can be used tailored to suit your needs.

Donna Day-
The Voice Within-
Author – Angels of Grace-
Business Development/Management-
Motivational Coach/Speaker.
http://www.donnadayangels.com

Article Source:

http://EzineArticles.com/?expert=Donna_Day

Visit link: Start a New Business the 4P’s

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New Business Model – Carbon Copy Pro Vs Wharton School of Business

Wednesday, August 11th, 2010

Wharton School at the University of Pennsylvania is one of the most outstanding business schools in the world. Thousands of people submit applications each year to attend. Only 800 are accepted. Graduates include Donald Trump and at least one of his children, along with numerous highly successful executives of Fortune-500 companies.

Carbon Copy Pro is the premier educational platform in the world for Internet Marketing. Thousands of aspiring entrepreneurs submit applications each year to join this community. All applicants are accepted who demonstrate that they are serious about becoming successful. Graduates include Jay Kubassek, Aaron Parkinson, Michael Force, Jeff Learner, Dr Charlie Smithdeal, and many other top earning Internet entrepreneurs.

Wharton’s MBA curriculum is a two-year program. The cost to attend is roughly $160,000. (Tuition = $50,000 per year, plus books, materials, room, and board.) Students must be physically present in Philadelphia, Pa. Graduates consider the cost a bargain in return for the education, training, and opportunities received. Wharton does not provide tools or systems essential for conducting a specific business after graduation.

Carbon Copy Pro’s basic education and training is typically completed within 90 to 120 days. Ongoing support and training updates are provided for as long as members remain active. CCPro’s application fee is $39. The complete online educational system costs $395. Monthly tuition of $150 begins the second month. Students and members learn Internet marketing and operate their online business from anyplace in the world that offers an internet connection. Most Internet entrepreneurs work from home. Carbon Copy Pro provides all tools and systems essential for conducting a successful Internet business. Among these are 1) professionally designed websites with proven landing pages and “thank-you” pages, 2) archived and live weekly training calls, 3) video tutorials, 4) multinational conferences, 5) accounting systems, 6) marketing systems, 7) advertising training and materials, 8) auto-responder e-mail messages, 9) weekly updated marketing information, 10) live support, and more.

Wharton School cannot guarantee that any particular student or graduate will succeed in business. It offers a general business education for business models used since the industrial revolution. To do this, it provides experienced professors and business coaches, an outstanding core curriculum, plus numerous electives in a variety of specialized business categories. It also offers an opportunity for students to network with: 1) fellow students and faculty, 2) noted business leaders through executive speakers’ series and conferences, 3) on-campus recruiting, and 4) full access to Wharton’s alumni network and club activities.

Carbon Copy Pro cannot guarantee that any particular student or member will succeed in Internet Marketing. It offers the best education and training available today for a business model born of the information age and Internet revolution. Put quite simply, Carbon Copy Pro members are shown how to market anything to anybody on the Internet–at anytime, and from anyplace in the world. For the person who has their own product or service to market, CCPro first shows them how, and then provides the tools to do so. When someone does not already have a product or service to market, CCPro suggests ones that have proven to be in demand.

Carbon Copy Pro offers its members an opportunity to network with 1) fellow members, instructors, other online marketers, 2) noted internet marketing leaders and “gurus” through guest lecturer “webinars” and live conferences, and 3) full access to Carbon Copy Pro’s alumni network and activities in more than 160 countries.

Wharton School is one of the most outstanding educational institutions in the world for anyone who desires a general business education.

Carbon Copy Pro is the most outstanding educational system in the world for anyone who wants to understand and successfully apply the new business model of Internet marketing.

Dr Charles Smithdeal is a respected Internet entrepreneur and Certified Online-marketing coach. Visit his blog at: http://DrSmithdeal.com

For an inside look at Dr Smithdeal’s #1 home business recommendation, visit: http://justcopyjeff.com/?t=Ezines

Article Source:

http://EzineArticles.com/?expert=Charles_Smithdeal

Originally posted here: New Business Model – Carbon Copy Pro Vs Wharton School of Business

CrankyGeeks Episode 151

Wednesday, July 7th, 2010

Today’s Guests:
Sebastian Rupley, Co-Crank, Editorial Director, PCMagCast.com
Adam Curry, President, Mevio
Tom Merritt, Executive Editor, CNET

The Topics:
House Defeats DTV Transition Delay Bill
Wikipedia Considers Limiting User Edits
Obama Calls On Scott McNealy for Input on Open Source
Study Slams Brain-Training Games
Extreme Porn Law Goes Live

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View post: CrankyGeeks Episode 151

Show me the money

Sunday, June 27th, 2010

Ken Rolfsness was a poor factory worker living with his in-laws. He go involved with a MLM company and 4 months later fired his boss, and is now a millionaire. He developed this training system that even poor people can succeed with. This is an introduction to the DVD

http://www.youtube.com/v/6-Pj72dsWro?f=videos&app=youtube_gdata

Read more: Show me the money

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