Friday, January 24

Month: January 2020

Business, Leadership

Online Business vs. Offline Business

The growing number of businesses that make major investments in establishing and marketing their online presence makes it worth, taking a moment to differentiate between online and offline business. Both have unique strengths and weaknesses, as described below:   Business Model Cost of setting up & doing business Online business, in general, is cheaper than an offline business. In essence, an internet business is just a website– creating and maintaining a fundamental website is very cost-effective, with the registration of domain name often only costing a couple of pints of bigger and more basic hosting available for a fiver or so a month. () Other than that, online business has a low-cost structure. The lean cost structure offers more flexibility, particularly where y...
Which is Better for Retailers? Mobile Apps vs. Mobile Website
Business, Innovation/ Technology

Which is Better for Retailers? Mobile Apps vs. Mobile Website

Many people spend two times more on their phones than on their desktop computers and 87% of that time is spent on apps, yet we regularly run into retailers who think a mobile website presence will suffice. However, there’s always pros and cons for the use of both mobile apps and mobile website.   Internet Access Both retail mobile website and mobile apps rely on the internet connection, but somehow with lower internet connection user still can browse their mobile apps while mobile website needs a stronger connection to browse. This is because they include function, such as virtual shopping and program loyalty related features, which require virtual databases access. However, features like creating a shopping list without a data connection can definitely be used. Mobile apps data ...
Let’s Build A Fearless Culture
Business, Leadership

Let’s Build A Fearless Culture

A Fearless Culture is the result of a cumulative focus of leaders across the organisation, led and modelled by those at the top. Drawing on questioning methods and a coaching approach, leaders who ask, build Fearless Cultures.   Ask more questions and tell less "Insight" involved when you ask questions which lead people to a new understanding. Insight is that light bulb moment when the brain re-assembles unrelated ideas together and connects them in new ways. Insights are valuable; they engage the reward system of the brain and trigger a dopamine release: a neurotransmitter known as a 'happy chemical'. The simple act of seeking and finding our own answers is rewarding to the brain. Insight also activates the hippocampus: the brain area that is accountable for long-term memori...