Clueless on that next big idea for your business? Try asking the crowd. That’s Right! The huge phenomenon that has saved Netflix the expense of putting up a team of their own in designing their software is making waves of success by simply tapping into their customers’ brainpower through: Crowdsourcing. The question now is, ” Are you ready to go down the grass roots level and get honest-to-goodness answers? ”
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If your business cannot keep up with change, maybe it’s high time to set your eyes East and take wisdom from the Japanese way of life called: KAIZEN. Back in the 80s, many companies from the West are intrigued at how Japanese businesses operate like well-oiled rigs. They soon discover that the driving force behind this success is a practical philosophy that many of us forget.
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In this discount-loving culture where everyone’s looking for bargain, one can only ask: Is Cheaper Really Better? It seems that the outsourcing trend is heavy on low-price competition. It takes two to tango and one cannot simply work on cheaper productivity to make it in the global marketplace. When quality is the new lingo that consumers speak today, can your business really rely on the cheapest solution out there?
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