Meetings

Meetings can be very expensive activities for an organization. EffectiveMeetings.com offers the following essential meeting tips to make the most of your meetings: set objectives for the meeting; provide an agenda beforehand; assign meeting preparation to attendees; assign action items; evaluate the meeting outcome to improve the process.
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Wage drift

Wage drift refers to the difference between basic pay and total earnings. Wage drift is caused by factors such as overtime pay, bonuses, profit-sharing, and performance pay. Wage drift is prevalent during periods of high growth. Wage drift also occurs in places with higher cost of living and for more experienced workers.
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The KISS principal

The KISS principal is an age-old business acronym that stands for "Keep It Simple and Stupid" or the more politically correct version of "Keep It Simple and Straightforward". The basic premise of this rule suggests to avoid unnecessary complexity when developing solutions. The less assumptions, the better.
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Unprofitable customers

The Harvard Business Review estimates that a typical company has about 15% of its customers that fall in the category of unprofitable. Identify unprofitable customers. Determine if they are unprofitable due to high costs or low revenue. Take the appropriate action: raise the price, lower costs, change policies or divest of the customer.
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Malcolm Baldrige National Quality Award

The Malcolm Baldrige National Quality Award is awarded annually by the National Institute of Standards and Technology. The award was named for Malcolm Baldrige, who served as U.S. Secretary of Commerce from 1981 to 1987. The purpose of the award is to promote quality awareness, recognize quality achievements, and publicize successful quality strategies.
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Seven Habits

Stephen R. Covey's 1990 book "Seven Habits of Highly Effective People: Powerful Lessons in Personal Change" continues to be a business best-seller with more than ten million copies sold. Covey describes the seven habits in context of productivity, time management and positive thinking. Other Covey titles include: "The 8th Habit", "Firsts Things First", and "Principle Centered Leadership".
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Glengarry Glen Ross

The 1992 movie "Glengarry Glen Ross" stars Al Pacino, Jack Lemmon, Alec Baldwin, and Kevin Spacey. The screen play is adapted from David Mamet's Pulitzer Prize and Tony-winning play of the same name. It tells the dark story of a group of desperate real estate sales agents in the context of a twisted sales motivation contest and few leads to work with. Scheming and plotting ensue among the agents.
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