Fri.Jun 07, 2024

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Seasonal Businesses Can Stay Profitable in the Off-Season. Here’s How.

Harvard Business Review

A seasonal business primarily derives its income during specific peak periods, which can span from weeks to a few months. Industries facing this cyclicality are diverse, from snow removal services and ice cream shops to Halloween stores and Christmas tree farms. Then there are those driven by government or deadline-based needs, such as accounting services during tax season.

LEAN 125
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Playing Both Sides of the Equation

Innovation Excellence

GUEST POST from Mike Shipulski If you want new behavior, you must embrace conflict. If you can’t tolerate the conflict, you’ll do what you did last time. If your point of view angers half and empowers everyone else, you made a difference. If your point of view meets with 100% agreement, you wasted everyone’s time.

Meeting 98
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How to Make Job Interviews More Accessible

Harvard Business Review

Designing an inclusive interview process for disabled people and people with different learning styles both widens the talent pool and creates a more equitable workplace.

How To 113
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9 Continuous Improvement Methodologies to Enhance Your Improvement Program

Kainexus

Organizations that embrace the continuous improvement approach to business have many great tools and techniques from which to choose. Some organizations use them as part of a structured methodology like Lean, Six Sigma, or Toyota Kata. Others leverage them on their own. Every organization has unique needs and will need to adjust each method for their own environment, but the most popular techniques are flexible enough to be used by organizations of every size and in every industry.

LEAN 63
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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Research: Smaller, More Precise Discounts Could Increase Your Sales

Harvard Business Review

Retailers might think that bigger discounts attract more customers. But new research suggests that’s not always true. Sometimes, a smaller discount that looks more precise — say 6.8% as compared to 7% — can make people think the deal won’t last long, and they’ll buy more. In a series of nine experimental studies involving around 2,000 individuals considering online or retail purchases of a variety of products, the authors found precise discount depths — the difference between the original and sa

Study 101
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The Optimal Innovation Strategy - Your Guide | ITONICS

ITONICS

An innovation strategy outlines the key areas a firm invests in because it believes these areas will help it fulfill its ambition. Finding the right level and areas of investment can be challenging due to the various options and uncertainties surrounding everything new. This article explains how a firm’s ambition, biography, and industry clock speed define the formulation of an optimal innovation strategy.