Building a “Successful-Product Pyramid”

Basically, businesses that are into tangible products are on a dead end today. It is because they don’t have an idea on how to create a successful product. Most of the businesses today only adds more features on a certain product and increase its price. They market it as new products even if it is only an improvement of the latter.

It is true that we are lacking enough minds to create a successful product, but deceiving the public is not something that businesses should do. The richest man in the Philippines once said that you have to be honest with your customers if you want them to stay and be loyal in your brand. Well, how can you expect them to stay and be loyal to your brand if you are not giving them what they deserve?

If you wanted to build a successful product, here are some of the important things that you need to know.

Put Innovation as your Product’s Foundation

When creating a product, you should always put innovation as the foundation because in the end, everything comes down on how your product is unique from the others. It is really hard to create a unique product and it is also the reason why every company spends a lot of time, effort and money to create a new product.

Instead of wasting time thinking of adding new features on an already existing product, think of a new product. It will take time, but you don’t have to release new products on a regular basis. You can always add features and tell them that it will be a new addition to the products. You don’t have to add features and increase the price of the item.

Your Product should be Functional

The term “Functional” is not only for electronic products. It can be applied to all the other products on the market today. Let’s say that you already have an idea on what to product, the question is how can you make it functional? You cannot sell an idea. Your idea should be functional if you want people to buy it. If your product will not live up to what you are claiming, it will never be successful no matter what you do.

If you think that the idea of the product is good enough or the design, it should be functional first. It should be a step by step process. You can determine the functions of a product unless you innovate first. You cannot make a design unless you do the first two.

Think of an Attractive Design

Don’t overdo the design because you are not selling a product just because of designs. Make it look attractive and make sure that the functions will not be affected in any way. This is the last step in the successful product pyramid. Even if it is only about the design, it plays a very important role in the marketing of the product.

Many business owners and Filipino billionaires know about this, but only a few are using this. It should be done by business owners if they want to make a successful product.

Booking Your Business Dealings In The Best Meeting Rooms

Having your meetings in innovative-designed meeting rooms pays off a lot. In terms of satisfying your clients, this is one effective way of doing it.

When you are to hold a meeting, it is wise that you find a place that will give your business associates the professional feel they seek, an ambiance that is inviting and a place that is well equipped to address the things that your clients may need while in the business meeting. Being able to provide these to you clients gives you the edge and will more likely be a start of a new partnership of an extension of a business contract you may have with them.

Renting out meeting rooms is an option for you, should you don’t have a traditional office wherein a small to medium size business conference room is usually built in. Also if the size of the attendee is quite big then the more you need to rent out a space that will be able to accommodate them. It is not hard find though as there are several meeting rooms for lease that can provide the needs your business colleagues as well as of the meeting to be done. These rooms can also be useful should there are events your company plans to organize.

There is not need to add to the crowd a cafe has just so you can discussion your dealings with your clients. Opting these meetings rooms will be able to provide you a way better place to have your transactions done with comfort and at no base at all or be bother by the sounds or noise of the nearby tables. And one other edge these rooms have is the fact that they are located in prime business places, which all the more the clients would prefer.

Booking your meetings in the said places would not be that difficult for there are personnel in the serviced offices that will accommodate you call as well as your queries. For the inclusions of the varying rooms they have, you will be educated on that for you to decide which one to pick. For the amenities, they got free information technology support ready for you and of course free wi-fi for use.

All in all having these serviced meeting rooms are your best choice and the perfect workaround if your place is too small to accommodate your clients. As for impressing potential clients, this is where you can best take them

Procurement Skills: How To Demonstrate Your Value To Your Organisation

As procurement professionals we have to continually demonstrate our value to our organization by focusing on the key activities that deliver the most added benefits. What gets in the way of doing this is the myriad of other things that we have to do each day. Often there is more to do than we are able to achieve in the time available to us.

At this point we need a good process for prioritizing our tasks, planning our work and working our plan. The best analogy I have ever heard on prioritizing work came from Stephen Covey; it is called the “rocks, pebbles and sand” analogy for time management.

The story as told by Mr Covey is that an expert was addressing a group of business students. He reached beneath the desk to produce a large glass container and proceeded to fill it with rocks. When he could fit no more in he asked the group whether the container was full to which the group replied yes it was.

He then produced some pebbles and through a process of shaking the container managed to fit them all in the gaps between the rocks. Similarly, he managed to fill the gaps between the pebbles with sand. The group then thought the container was full until the expert successfully poured a jug of water into the container.

The lesson of this story is clear. If the container represents the time we have available to us in a period of time and the rocks, pebbles, sand and water represent the tasks we have to carry out then we can only do them all if we do the rocks first and the rest in order of size. In other words, start with your biggest tasks first and only go to the next level of tasks once the big ones are complete. If you do the tasks the other way round, you will never get to the big rocks (tasks).

So what are the big rocks that procurement professionals need to do first before they give their attention to the smaller tasks? I would suggest the following:-

  • Understanding your supply markets – what is their scope, who are the major players, are they growing or declining, is there scope to bring in new entrants and so on.
  • Understanding the demand for products and services in your organization and how this relates to your supply market knowledge. For example, is there a need to develop a particular market by stimulating innovation or attracting new entrants?
  • Organizing price and cost analyses and carrying out bench-marking exercises to understand the opportunities for savings. This might be linked to value analysis and value engineering exercises.
  • Carrying out supply chain risk assessments so that you understand the potential vulnerability for your organization and then put in place effective monitoring and mitigation.
  • Working with key suppliers to bring about product, service and cost innovations, improve delivery processes and carry out joint planning and product/service co-design (all part of a supplier relationship management program).
  • Building effective working relationships with other parts of your organization.
  • Measuring performance (both the procurement organization and suppliers) as the basis of designing and delivering improvement programs.
  • Continually improving your capability through knowledge exchange, training courses and coaching.

Do these big rock activities well and you will show your organization what great value you can add. This then becomes a “no brainer” case for investing in more resource to do the other, smaller tasks if you can’t do them all yourself.

Isn’t It Time to Wake-Up?

People (at all ages), often say things like, “you made me feel this way”, etc. It just simply isn’t true. Only you decide how you’re going to feel. No one has that power over you.

You get to decide whether or not to react or respond to someone/something. Not the other way around. Now, if you notice you constantly feel bad around someone, you will want to look at why that is. Are you needing to work on setting boundaries with others, is there another reason why this is persisting, or does this person have a negative energy about them and it’s time to take control of who you’re surround yourself with? In any event, it is still your decision on how you react. I remember being told this by someone years ago when I was first entering the self-development arena. I got it intellectually, but didn’t really “get it” on a deeper level. This involves a lot of inner work, and it starts with taking responsibility for every single thing happening in your life.

It amazes me when people complain about not getting the results in their life. You are your only problem. If you aren’t getting what you want externally, something is off internally. What is happening on the outside of you is a direct result of your thinking. Always. Regardless if it’s negative or positive. You need to look inside. Who are you being or not being? What type of thinking is causing you to stay stuck? Do you believe you have to struggle or think the potential clients you are talking to just aren’t ready to take action? You are fooling yourself. This is your subconscious trying to keep you stuck. It has a positive intention, which is to keep you where you feel safe. Growing a business involves risk and putting yourself out there. This can be scary and to the subconscious it’s not a safe zone.

In order to figure out where your thinking is off, you will need to look. If you are speaking to your ideal client and they decide not to move forward with your service, the problem is you. Something is going wrong in the sales conversation. It is likely that you’re stopping yourself from asking those tougher questions because you care too much what they think of you. However, if you don’t ask those tougher questions, they will not see that they need your help and that you’re the one to provide the help.

Look at the results you’re getting/not getting and determine if you’re where you want to be. If they’re in line with your vision, then awesome! If not, take a hard look at your thinking. No one is to blame but you.

Those are some common themes that I see preventing business owners from moving forward. Running a business involves a commitment to doing whatever it takes to succeed. Are you willing to take responsibility for your life / actions / results? Once you do this, you will be amazed at what starts to happen.

Jobs You Can Do From Your Dorm Room

College students are going to head back to school soon and that means many of them will have to leave their summer jobs behind. While many students will try to find jobs on campus, others will try to stretch the money they saved during the summer. For those that want to make money, but don’t want to work on campus, working from a dorm room may be perfect. These telecommuting jobs are flexible to allow you to keep studying top priority while earning money.

Freelance Writing

Business owners want freelance writers to provide content for their websites. You can write for blogs on topics that interest you. All you have to do is find business owners in niches you like that need content for their sites.

You can find work on Elance, oDesk, and Craigslist. You may have to start working for a lower wage than others to gain experience and a reputation, but once you have that, you’ll be able to get higher paying work.

Data Entry

Many companies are outsourcing their data entry now because it keeps costs low. The data you must enter can be delivered to you via email, and then you’ll be granted access to their database. You will need to take the information sent to you and input it into the database. These jobs are paid by project or per hour depending on the company.

You can find jobs like this on Elance and oDesk, but you can also search large job sites such as Monster.com and Indeed.com for them.

Transcription

Transcription involves taking a recording and typing it out. Many doctors, lawyers, and other professionals need this service because they don’t have the time to convert their recordings to text. You’ll receive audio files via email or mail, and then you’ll have to type them. You can send the text file back via email, which makes it perfect for a college student working in a dorm room.

You can find these jobs on large job search sites because that’s where professionals usually post their needs for transcriptions. You can also work for transcription companies such as Aberdeen, AccuTran Global and Capital Typing.

Get Started Today

The best time to start looking for a job is now. The sooner you start looking, the more prepared you’ll be when you get to school. You’ll be able to learn the jobs you receive before you start classes too. Start with the sites mentioned here and then you can start exploring other options if you have the time.

Why We Shouldnt Be Afraid of Emotions

For so many decades we’ve been taught that Intellectual Intelligence (IQ) is what gets us places in the corporate world, yet nowadays we are seeing that it is more Emotional Intelligence (EQ) that gets us places. IQ is what gets us our position, EQ is what enables us to keep our position and become a great leader.

However we are not taught EQ skills at school, nor at Varsity and certainly not in the workplace. At least not until recently when mentoring and coaching started becoming a profession. And even then, it has only really been aimed at the Senior managers and Executives of an organization.

Its a known fact that the higher up the corporate ladder you climb, it is more about EQ and less about IQ as your day to day duties largely revolve around managing people, teams and divisions to ensure deliverables and business objectives are met.

So what is being done to help the newly appointed junior managers to develop their EQ skills and become better managers and leaders?

If they are the future of a business and are being groomed to take the lead at some point, then surely it should be key for them to as eligible for the development of EQ skills?

There is a huge need to help up and coming managers develop their EQ skills to become better managers. Often they struggle with the transition from being on the same level as their peers to at times having to manage those very same peers.

By becoming self aware of our own emotions and what drives our actions and behavior, we can better self manage as well as others who come into our space by being conscious and aware of the relational space between two people. This is termed as Self Mastery.

If we can practice self mastery in our personal and peer relationships, not only do we become a better, more authentic person, but we also have better quality relationships. Self Mastery teaches us important skills such as: effective communication, hearing vs. listening, conflict and diversity management, empathy, compassion and understanding. It also helps create trust and safety in relationships.

And this is where HR departments can play a big role in creating an environment that enables mentoring and coaching as part of everyone’s career path to help create more authentic, emotionally attuned leaders resulting in a healthier working environment and happier employees all round.

Tips To Help You Find Cute Homecoming Dresses For Your Party

The homecoming party is supposed to be really exciting and a time to have fun. Every girl attending the party must feel confident, unique and be ready to have happy moments. Choosing a cute dress can go a long way in helping you have the best homecoming party ever. It could actually make you the center of attraction in the entire party.

There are tips that could help you choose the best homecoming dresses in a very simple way. These include:

1. Always Search For Your Dress Early

Rushing through the internet can be frustrating if you really need the best homecoming dress for your party. It could actually ruin your party! Go through the magazines and various websites, and even watch celebrity red carpet at least three or two months before the party, and evaluate the options available for you. Further, always budget as early as possible; so that you do not end up missing out on your favorite dress just because you did not have money to pay for it.

2. Know Who You Are

Just because a dress is suitable for one person you had seen somewhere, it does not mean that it will be perfect for you. Always go for your own unique designs that bring out the best in you. You may need to consider your body shape and height, and hence choose the suitable dress. For instance, curvy people should go for the A shape dresses, while slim people may want to consider a sheath style dress. Short people who may finding it difficult to find a sizeable cocktail dress can go for a short dress which is long on them. Professional designers can help you to understand the right type of dress with careful consideration of your body shape and height.

3. Do Not Forget The Shoes And Accessories

It does not make sense to put all your effort in shopping for a perfect dress and then forget all other facts like accessories and shoes. Find jewelry, bag, and shoes to match to your cute homecoming dresses 2014 early in advance. This way, you will achieve that perfect look during the party.

4. Clarify On The Delivery Time

Your dress should be delivered to you a few weeks before the homecoming party. This way, you will have a chance to try it on, and make alterations if need be. If you are shopping for the dress online, it is important to confirm with the vendors about the delivery dates even before you make your orders.

It is not difficult to find perfect and cute homecoming dresses. With little research and following the tips above, you will have a chance to find the best dress that will help you make lasting impressions during the party.

How to Disconnect During Your Next Vacation

You’re lying on the beach. You’re basking in the hot sun while the cool breeze sweeps across your skin as you’re surrounded by the breathtakingly beautiful paradise… And your face is nose deep in your phone checking emails. Sound at all familiar? We’ve all been there. The reality is that it is hard to disconnect from your daily life, especially from work. However, a vacation’s purpose is just for that. We all need a little rest and relaxation so we can perform at our best in our daily lives. Here are a few ideas to help you get away from the earlier scenario and toward having a true vacation disconnected from work.

1. Give ample notice – Let co-workers, business partners, clients and customers know of your vacation well in advance. Informing pertinent personnel of the dates you will be away at least two weeks ahead of time will also help them prepare for your absence. This way, important projects and tasks can be assigned and completed before your departure, or it will be known they will be taken care of when you return. Chances are, they won’t want to intrude on your vacation time so letting them know can help keep those emails from constantly coming in while you are away as well.

2. Take care of your to-do list – About two weeks prior to your vacation, plan your days out so that you can take care of all your outstanding tasks before your departure. Leaving for a trip with a long list of unresolved projects can take focus away from your vacation. The anxiety of having all the unfinished tasks you already have to do plus all the new tasks when you return on your mind will overcome the relaxation you’re supposed to be having. It’s better to leave a clean slate and return after your trip with a new to-do list.

3. Nominate a backup – In case of emergency, request a trusted co-worker to be your backup while you are away. Make sure to ask for their assistance at least two weeks prior to your trip so they have enough time to prepare as well. It is a good idea to give your contact information in case of any extreme cases. However, choose a backup that you trust can handle most situations without your help.

4. Set an away message – This is a good way to let anyone trying to contact while you’re away that you are on vacation and will respond after you return. This way, you won’t be getting multiple emails with the same requests and having people ask where you are. It will give you peace of mind and you won’t feel rushed to get back to them until after your trip.

5. Focus on those you’re traveling with – Give importance to yourself, your spouse, your family, your friends, or whomever else you’re traveling with. Yes, work is important. But we also have to dedicate time and energy on the other wonderful aspects of our lives. There’s no better way to do that than to spend a vacation with loved ones.

6. Remind yourself why you’re on vacation – Vacations are the time to take a break from work, which is truly imperative to our continued work productivity and overall well-being. Taking time to recuperate and regenerate will leave you feeling refreshed and at the top of your game when you return. It’s also very important for the mind and body to decompress and give yourself breaks from your daily stress. Constant tension can take a toll on you over time so make sure to sit back and relax when you have the opportunity to.

7. Literally disconnect – Don’t pack your laptop. Put your phone on airplane mode. Shut off email and notifications on your phone/tablet. These ideas may be provoke anxiety, but there are no better ways to actually disconnect from work than to literally disconnect from it all. You have the rest of the year to work. Why not use the vacation time how it’s supposed to be used and stay away from work?

8. Set boundaries – If you know you will need to check emails, texts, messages, etc. while you are on vacation, give yourself limits and stick to them. A good idea would be to allow a few minutes before bedtime to check in on the day and resolve any pressing issues. It’s understandable that not knowing what’s going on with work for a week or more may cause the stress that you’re trying to avoid while on vacation. In this case, make it a little easier on yourself, but don’t let it start to take over your days. Set a certain amount of time at a certain time of day to check, and that’s it.

Think you could implement any of these ideas for your next vacation? Even if you’re not planning a trip for a while, it may be good to consider them now so you have some tactics to utilize when a trip does come up. Again, it is important to remember that it is beneficial to your overall health to take a true vacation away from work and the stress it can produce. Making sure to take care of yourself is key. By utilizing some, if not all, of the above strategies, you can be well on your way to having the vacation you need and deserve.

3 Things You Need To Know About Free Web Hosting Service Providers

It’s common to be excited when you see a company offering free web hosting. Before you go ahead and sign up for the service, you need to know a number of things about most of the free web hosting providers.

Most are startups

Research has shown that many of the providers willing to give you free service are startups and they do it in order to attract potential customers.

Since they are startups, they devise ways of cutting costs. One of the best ways of cutting costs is by avoiding buying some equipment or buying cheap equipment. For example, it’s common to find such companies with cheap and unreliable servers.

Although, you will be signing up for a free product, you have a right of enjoying good service; therefore, before you sign up, you should always research and find out what other people have to say about the provider.

Most lack the level of service agreement

A level of service agreement (LSA) is a document that gives details on how the provider will offer you the service that you deserve. It’s common to find most of the providers without the agreement. Before you sign up always ask for the document.

If the provider doesn’t have the agreement, you should move on and look for other options. If you are given the agreement, you should thoroughly scrutinize it in order to pick out flaws in it. If you find the document full of flaws, you should move on and look for other options.

Most offer a menu of services

Most of the companies offering the free services tend to offer other services in addition to the web hosting service. Since such companies have a number of services to offer, they usually don’t offer top notch service.

Before you sign up for the free service, you should research the service provider and find out what he does other than providing the web hosting service.

If the provider offers other services such as telecommunication services, you should look for other options. This is because the web hosting service is very sensitive and can’t be put on a menu of services.

Bottom line

It’s often said that you get what you pay for; therefore, you should not expect top notch service from a free service. To be on the safe side it’s wise to pay for the hosting and you will be guaranteed of the best service on the land.

Mentoring That Leaves an Indelible Imprint on Your Soul

Learning from books feeds our brains. Experience builds skills and expertise. Effective coaching shapes and drives the way we work and see the world. And then there is that wonderful, elusive sort of mentoring that leaves an indelible imprint on the soul. Here are the stories of two people who have provided me with the sort of coaching that leaves an indelible imprint on the soul, and a powerful impact on my life.

Maggie
Maggie was a tiny fireball, a real force of nature. She started a national movement after she retired from the Presbyterian Church, which she called forced termination from employment due to age. A number of us lived in shared housing with her in Philadelphia, and often worked with her on different projects. A savvy optimist with no rose-colored glasses, she would often say: “When you’re working on something important, you never let roadblocks deter you from your goal. If there’s a rock in the road, move it, go around it, or over it. And, if nothing else works, then tunnel under it.” And she did. In her old age, she was elected to the National Giraffe Heroes Project for sticking neck out, a commendation which was always a badge of honor for her.

Maggie led by example, demonstrating a model of passion, persistence and power. Whenever she would meet people after speaking engagements or workshops, she would ask them about what they were doing, show them why their work was important, and encourage them. People would walk away from those conversations excited and empowered, because Maggie had validated them, and told them their work had impact and value. She was very supportive to people working to make a positive difference in the world – and a well-researched, dramatic critic of those she found to be creating harm. When she died, a major national newspaper wrote that Maggie had no children. The newspaper was corrected by her friend and foundation executive who said “Maggie had thousands of children she nurtured over the years, spread across the country and the world.”

Michael
Michael is a retired publishing executive who has built many large publishing businesses over the years. An extremely successful businessman, he is surprisingly humble and self-deprecating about his many achievements. Even when he has been quite busy, Michael has always found the time to focus on his friends and colleagues with undivided attention. In talking with him, you feel like he has all the time in the world for you. He listens in such a way that, when he responds to you, it is with a very deep level of understanding.

Gentle with his suggestions and advice, Michael would share about strategies he had used that were successful without saying “you should do it this way.” He lets you figure out the connection between the strategies he used to successfully surmount challenges, and your own situation. When he suggests something, it is with grace and tact. Michael often says, “well, I’m sure you’ve already thought of this, and I was thinking… ” He would go on to describe an idea or solution that you hadn’t considered at all.

Michael has also been tireless in his giving to those in need, serving on many boards, and becoming involved in supporting and funding a wide range of community economic development projects. Some of our most well-known social enterprise and economic development nonprofits have grown under his tutelage. Almost always, he leverages both his volunteering and his philanthropy by involving others, and he’s engaged an untold number over the years. By doing so, he has shown many people new and exciting ways to make a difference in the world while building his base of support for those causes most dear to his heart.

Why This is Coaching That Leaves an Indelible Imprint on the Soul
Over the years, these two coaches became dear friends, and part of my “family of choice,” as Maggie so aptly termed it. Michael and I still talk on a regular basis, now more as peers who share about our lives, our work, our spiritual practice and those causes that are our passions. And though she is long gone, Maggie’s legacy can still be seen everywhere, and I often consider what she might say about an issue I find challenging. Modelling skills and strategies helpful to my professional development, they served as powerful coaches and examples. They have demonstrated purposeful and value-driven lives. Lives that make a difference in the world. And they have left an indelible imprint on my soul.