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Archive for the ‘Business Technology’ Category

Raising Money For Your Business

Posted by technologyworth on June 6, 2010

Even in good economic conditions conventional bank funding can be difficult to get unless you have strong credit, a business record for them to rely on, provide personal guarantees and collateral. Current market and economic conditions are making things even more difficult for many business owners and entrepreneurs.

Without credit or collateral to get debt based funding for your business, the only avenue you may have is to try to raise capital by selling equity. If you have not done it yet, the best starting point to accomplish this for your business is for you is to get what you want to do down on paper. Developing your business plan helps you to make your dream a reality but only if you work at it to do the things necessary to reach your goal. A good business plan is something that funding sources and/or prospective investors are going to want to see so developing an investor-ready plan should be a priority for you.

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what about Technology?

Posted by technologyworth on June 6, 2010

What about Technology?The link between corporate performance and effective information technology (IT) management is clearly emerging. Companies that are leaders in their markets and industries (“Market Leaders”) are better at using IT to enable business strategy. Market Leaders deploy IT more strategically, and in doing so maximize the impact IT has on corporate performance.
In this economic downturn, Market Leaders are spending the same amount on IT as other companies, but are spending more strategically. In the past, they invested more than other companies to automate and transform business processes. In challenging times, Market Leaders

There is Gadget Technology

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How to manage business complexity?

Posted by technologyworth on June 6, 2010

How do you define complexity theory for business people?

There is no simple definition of complexity theory. Traditionally, business people think about their worlds in a very mechanistic, linear way that is [characterized] by simple cause and effect and is predictable. Most of the world isn’t like that. Complexity theory looks at these systems in ways that are organic, nonlinear and holistic.

What are the principles of complexity theory?

A few simple rules guide the interaction between the components of a system. First, in a business context, managers should attend to relationships at all levels within their organizations. The second rule is that small changes can have large effects. And third, interesting and unpredictable properties can be expected to emerge from a system. As a result, it is hard, if not impossible, to implement a strategic plan for anything but the short term. A hoped-for direction can be set but not the ultimate goal.

Business Technology

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What Process to go?

Posted by technologyworth on June 6, 2010

Business TechnologyA growing number of consultants and academics are looking at complexity theory, once the domain of the biological and physical sciences, to help managers improve the way they lead organizations.

What is complexity theory?

One way to understand it is to look skyward to the avian maneuverings of birds. A lone bird follows simple rules of behavior, such as when and what to eat. However, a group of birds flying together exhibit complex, unpredictable, creative behaviors that emerge naturally from the interactions of individual birds. For example, a flock in v-formation is able to fly farther and faster than an individual bird. The flock that is formed when autonomous agents–birds–interact is known as a complex adaptive system. To fly in a flock, a bird need follow

See Interesting Communication technology

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Do People Matter?

Posted by technologyworth on June 6, 2010

Business TechnologyAs if life on the job isn’t complicated enough, Roger Lewin and Birute Regine propose that complexity theory can give companies a cutting edge in business. Lewin , a noted writer of biological books,and Regine, a developmental psychologist, explained how an understanding of complexity theory can help managers create adaptable, caring and highly effective organizations. “The traditional mechanistic approach to business is reaching its limits,” Lewin said. “In this age of sharing information, the Internet and globalization, businesses can’t be controlled like a machine.”

Read More about Apple Technology

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