How to Expand Business Globally ?

Hope everyone is fine & doing well with your busy Schedules and i am sure that many of you are busy in planning new year parties. Isn't it !

Okey..

Today, let me give a brief about an important business tool to expand any business, globally. Most of the people might have heard about WEBINAR s. Yes, Today's topic is on Webinar which is an effective tool to knock the doors of International markets. 

Webinar is similar to Seminar. Basic difference is, In webinar we will give presentations on web but not in seminar. Choosing a topic and presenting in web is not so easy as preparing a topic and giving seminar with power point presentations. We have to practice and work on it and if it is necessary  we have to make some rehearsals before you go in to a  LIVE seminar which we called it as WEBINAR.

Yes, Giving presentations on web and attracting audience from different parts of the world is all one part of thing to make aware of your business internationally. To build up Audience across the world is quiet easy if you are giving a power full and interesting topic. But, let us all awake and realize that our primary motto is to understand international markets and different entry strategies to expand our business. It is necessary to understand respective government regulations & tax laws instead of to get caught up later.

Understanding the sources and Potential of man power availability is much more important than just simply presenting in web. Identifying the like minded people from your audience and getting more information for the scope your business plays a major part of business solution :-)

"A Picture is worth than a thousand words"

I never tried of presenting in live i.e Webinar, but i wish one day i should get a chance to present. I have seen companies getting clients due to webinars and later on planning their expansion strategies in international markets. Now a days webinar become one of the latest marketing tool for many of the CEO's to knock hidden potential markets. so, to all my dear readers please do keep an Eye on this.

For to get more updates on this latest marketing tool, please subscribe to my blog lalikrishna.blogspot.com

As you know that i always love your feedback, so make some noise in comment section.

Thank you

-L a L i-

Strategic Management - Solution to the Pirate puzzle.

In mathematics, game theory models strategic situations, or games, in which an individual's success in making choices depends on the choices of others. The pirate puzzle is an application

Present Corporate Culture is Forcing to change Professional Contacts in to Personal relationships.

         Actually the title itself describes every thing, Yes the present senerio of working environment in corporates forceablly changing people to turn their professional contacts into personal relationships. It's not the mistake of the people who changed thier professional contacts in to relationships. It is all about

Shake It Off and Take a Step UP (Great Story)

Hai Readers,

I hope every one is fine and doing great !! and I would like to say thanks to god for giving this wonderful life and making me happy with what i am having. In last couple of weeks faced some tough times and come across few odd days, which makes me to write this post today. Instead of sharing my tough times with you all, let me tell you a story which helps me to overcome it.

Recently I read a story in one of the blog. which really inspires, Motivates and always keeps me strong when facing hurdles and road blocks in the way of my journey. Today i would like to share with you all the same story and expecting you all got inspire and motivates you as well. 

Coming straight away to the story :

Thanks to the Initiators and Founders of Blogger

Hai,

Well today I would like to say thank you for the initiators and founders of blogger, because i never think that i will come this far of writing blogs on different aspects. Thank you to all who make me aware of blogging and motivates to become a professional blogger.

STRATEGIC MANAGEMENT - Includes Risk and Challenging

The Word looks simple, but in implementing will get to know the heat. Most of the startups and sometimes well rooted companies too will flop due to this, we know that this has to change in future then why do most of us prepares a strategy which is not flexible?

How to attract Potential Investors ?

Hello, 

Hope everyone is fine and doing well, After a long time last week spend some time at home as well as with friends, In the meeting of my friends, One of my friend said like this "you might need a huge investment to implement your business plan" I smiled and replied, Of-course we do need to find potential investors. 

This is how the article begins here:

Demand for Web Designing and Development

Greetings…!

Well, today will see how world is running through E commerce business and advancements seen in Internet technologies.  Before going in to details let us agree with the facts available from belief sources. 

Its My Love Story... But...

Hello all, Hope Everyone is fine doing Great..! 

Well today I am going to tell a beautiful story, Story? Yeah, every one of us came from teenage life where most of us could not express their own feelings and emotions to their loved one or to their most unique crush. Isn’t it!  Are you guys agreeing with me?  People who are experienced, those moments are really precious and thoughtful memories. Today I hope this story will remember your Old Crushes and your X girlfriends. I guess

My Business Idea

As any MBA passed out from B -school will think about starting a new business of his/her Own. Similarly thoughts came in my mind also, Having many ideas but sharing one of them which i feel it will change entire Service Industry (Hotel)

Generally Hotel Industry depends up on the service delivered to their customers and how effectively they delighted the customer.

OPERATIONS Management - A Beautiful Concept

Hai Everyone, Operations Management is very crucial part in order to free flow of organizations operations. In small Companies, Operations taken care by HR department but if we look at very large perspective then for Operations, An expert is required to satisfy all the operations requirements from all the departments in organization  and also to improve the organization effectiveness as a whole. 

Operations Management, the word itself tells us operating logically to bring maximum efficiency with less investment, this can be achieved by applying different scientific techniques developed by different operation researchers For Example: Finding out the Optimal solution for a Transportation problem consisting of three variables is Simplex method - Developed by George Dantzig, Like this there are many scientific techniques to solve different problems occur in Operation process. 

some of the Applications of Operation research models are, Assigning the task without repeating and to the single person, Identifying and improving the Queuing process, Programming in Dynamic environment, Finding out the project completion times, Formulating the strategies by observing the chances of our competitor strategy and many more.

Applying scientific techniques of one company operations to another company gives a big disaster, because the model of the product or service differs and also the type of business. Operations Management seams easy in reading the word but it is very difficult when it came to reality because here you will face the Practical situation. In Operations Management, Applying Scientific techniques for the same repeated problem gives same result but we should be very careful in Environmental changes which always deters the methodology following for the same type of problem. 

For Large Scale of projects, this Operations Management is a great tool in order to complete the projects in-time, as well as to design the industrial layouts or in constructions of building, it is necessary to know which activity should perform first in completing the next phase of process.

Operations Management is the only tool or concept to help organizations to stand in their competitive growth, as well as to increase the efficiency of Organization by increasing the maximum return of every investment. 

My Experience on Business Meetings

Hello, after a long time got some time to spend on my Blog, Today I want to share my views on Professional Networks and how efficiently it will help full for business professionals and how it is important for each individual having a network. 

In the last 30 days,

SERVICE INDUSTRY

Hai Folks,

Recently Joined a company which is in to Service industry, Here the services are Financial services, and the company name is Converging Miinds. Even though i'am a fresher they given me a huge responsibility of entire marketing Department, so learning many new things daily, and more over wanna share my experience of service industry as well as my marketing Life.

Figures of Poverty line.. shows still how INDIA is poor

I don't know how far these data(figures) are true, which is provide by government.. but we have to know what are the states declining or increasing in poverty line.

THESE ARE THE TOP REASONS WHY OUR INDIAN ECONOMIC GROWTH MAY SLOW DOWN

Today's dollar rate in INR is 55.37, Petrol rate in Bangalore is 81.75, our Economic conditions are going worse than ever, Increasing rate of unemployment , Corruption all over India , why India is depending more percentage on SERVICE industries ? what the hell our R & D department doing.. ! where are our investors.. !!! Depending on service industries may get boost in Indian economy but not for long time.. this is the situation where we are facing right now.

:: LIST OF BOOKS TO READ ::

Management Any Edition Of Harvard Business Review Case Studies Of Business World Magazine What They Don't Teach You At Harvard Business School-Mark H McCormack

Physics/Science Brief History Of Time - Stephen Hawking Any Work Of Isaac Assimov The Tao Physics - Fritjof Capra Philosophy Zen And The Art Of Motor Cycle Maintenance The Fountainhead-Ayn Rand Abstract Topic Futureshock Or Power Shift Or Third Wave -Alvin Toffler Literacy Works God Of Small Things-Arundhati Roy Midnight's Childeren - Salman Rushdie Business Made In Japan - Akio Morito Built To Last - Tom Peters And Water Man Religion Any Book Written By Swami Vivekanand Sports Idols By Sunil Gavaskar General Uncommon Wisdom-Fritjof Capra Law Any Of Johan Grisham's Works Medical Doctors By Erich Segal Anthropology/Sociology Manwatching The Naked Ape- Desmond Morris Note: The above list is just an indicative list and is not exhaustive.

Strength of the Management team- the key to attracting Investors

        

Strength of the Management Team- The key to attracting investors, explains what is the importance of strong management team in an organization and how this strong management team is going to attract the original investors, and also acting according to change in environment and their leadership role in order to establish an environment that motivates specific constituents to change in favor of them.

Potential investors in entrepreneurial enterprises place significance on the ability of the management team to enact change in receptive markets as to earn a multiple of their original investment. It is the ability of the management team to generate confidence that they can deliver results that makes the difference to investors. They must be able to demonstrate their ability to deploy people to execute processes that deliver products and/or services to large markets.

A successful management team may be able to repeat their successes as serial entrepreneurs by knowing how to entertain, inform, convince, persuade, and negotiate with people, and manage processes. The management team must be able to demonstrate that they can enact change, both by being able to cause it or respond to it depending upon opportunities and conditions (especially crises). Causing change affects competitors, but being able to respond to change caused by competitors is essential to sustainability also. The acceptance of new products and/or services in existing markets, or existing products and/or services in new markets is based upon employee, customer, and even supplier constituencies being willing to change their behaviors. Hence management must play the leadership role in order to establish an environment that motivates specific constituents to change. This means being able to communicate both aspirational and inspirational messages that cause others to change their behaviors to adopt a product and/or service, substitute. Such change occurs by understanding the difference between what people need and what they want, and creating emotional messages that cause them to act with urgency.

My view on this article is, strong management team is not only the one in attracting the investors, a strong management team is necessary in every part of the organization, in order to build successful future of the company. The way the author explained of how the management should react with the change is really impressive, in my words the strength of management team is not in responding according to the changes but it lies in  how their employees, supplier, customer changes according to the way organization changes, it lies in delivering their aspiration and inspirational messages that impact the behaviors of the people who are the part of their company, this thing  really show the potential of strong management team. In order to build or in order to collapse everything in the hands of management.

Negotiations: The Tool Everybody Should Use Every Day

Date: 21/01/2012       

This was the article where i have read in internet and reviewing as per my understanding. 

Negotiating is the tool where we have to use every day in our life, in this article author mainly concentrated on how the negotiating tool is help full in our career, how it makes us to stand in life and some of the key skills that top negotiator follows.

The main theme of this article is, The key skills or areas that a successful negotiator follows.

1.      Know What is Going On- we cannot be effective if we don't know goals or objectives of our own company. Without striving to attain that information we end up ‘the right hand not knowing what the left hand is doing'.

2.      Prepare – Prepare – Prepare – a good negotiator can only be effective when they are prepared.  The better prepared the more effective you will become. Learn about the other side!

3.      Learn-Probe-Learn - the best negotiators are like detectives, constantly probing for more information about the opponent's demands, concerns, and financial position to name a few.

4.      See The Big Picture- the most effective negotiators are flexible. The negotiation process is like the waves in the ocean constantly changing. As we learn more we must be prepared to adjust to changing merits, influences, requirements and even egos.

5.      Thick Skinned or Staying Coooooooool- learn to roll with the punches and not take what is said personal. You need to be able to separate the issues from your emotions. Don't take yourself too serious!

6.      Can Break Down The Barriers- there are many forms of barriers that may get in the way which in turn slows down the process. Skilled negotiators learn to recognize quickly the "fly in the ointment" and understand the nature of the problem, separate it and then resolve.

7.       Have a Trusting Reputation – the old saying,  ‘fool me once – shame on you, fool me twice – shame on me'. Everyone with whom we negotiate forms an impression of who we are as a negotiator and a person. If we create negative perception it will become much harder to be considered, believed or even listening too.

I really found this article is worth full to me because as I am pursuing MBA I should know how to negotiate and convincing with the people around me which is main concept of management that getting things done by others if we really want to get things done by others,  negotiating is the best and foremost tool to learn, after reading this article I got to know what are the key areas I need to focus in a successful negotiation and Without knowing or unknowing daily we are doing negotiation in our life,  how ? If we go to any unorganized shop or market surely we will go for negotiating on price. Sometimes we do negotiating with our parents that I want this or I want that. Deciding in friends that which movie to go. Convincing our friends to change the plan in vacation. In this way we are facing many situations of negotiating process knowingly or unknowingly but one thing if we know that negotiating is the base for life survival, then we will perform better than the situations faced unknowingly.

Top INDIAN Companies Ranked for Research and Development ( R & D )

Among Indian firms,  

These are the top 5 companies which are investing in R & D

(1) Tata Motors

(2) Prithvi Information Solutions 

(3) Polaris Software

(4) BHEL

(5) Mahindra & Mahindra (M & M)