Extrinsic motivation derives from anticipation of external reaction, including praise, recognition, money (positive motivators), or punishment (negative motivator). Hence, a negative consequence is that, while aiming to reduce uncertainty, business deals can introduce rigidity due to their time-boundedness and the inherent limitations of contracts in capturing the complex and emergent outcomes of resource combinations in networks. If you continue to do business the same way, you won't improve or get better. Improving and increasing the perceived value of your service or product will enhance you position in the marketplace.
Identify the project vision
want a product
or service that people will be prepared to buy without having to think too much about whether they can really afford it or not, and that they don't have to consult anyone else about. Effective leaders
spend only 25
percent of their time doing work and the other 75 percent leading people, working with customers, seeking better business opportunities, and looking for innovative solutions. These positions
commanded salaries all
the way from $2,000 to $5,000 a year. Prior work
experience in a
related field is something many investors look for.
No ideas to differentiate your Customer Service Department?
people a priority,
keep a chart for every employee and make sure you meet with them two to four times a year. But remember,
this isn t
a resume. The bulk
of any extra
business went straight to the bottom line, showing up as profit improvement.
Create a marketing strategy that defines what you are selling
retailers and via
your own website, for example. They want
to do things
their way, and feel boxed in following company rules and rituals. You can
draw a crowd
wherever there are people. Personal connections
are the best
way to generate new business opportunities.
A Simple Guide to Quality
has to be
in action in order to know the right thing to do. For every
unsatisfied customer who
complains, many others quietly leave and never come back. Frequency is
the most important
factor in building customer relationships. This is
difficult to deliver
without good systems in place, unless you are everywhere, making sure everything is done correctly.
Inventory control system
the other end
of the scale, are likely to offer no advice whatsoever as long as you make payments of principal and interest on time and are not in violation of any other terms of your loan. A lender
insured by the
government against loan default, for example, may make very risky, high interest loans to uncreditworthy customers because the lender will do no worse than break even, and at best will realize a very high rate of return. Venture capitalists
even invest in
companies that are in trouble. It's your
job as the
leader to set up a fun, competitive, and simple system to reward success.