Procrastination or Executive Function Fail?

Executive dysfunction could be the reason for procrastination in some people. In fact, a lot of procrastinators do feel that executive dysfunction explains their behaviour closely. Read this blog to get a difference between them. Also, read https://www.understood.org/en/learning-attention-issues/child-learning-disabilities/executive-functioning-issues/understanding-executive-functioning-issues https://www.understood.org/en/learning-attention-issues/child-learning-disabilities/executive-functioning-issues/4-ways-executive-functioning-issues-can-affect-your-childs-social-life http://capt-tom.blogspot.in/2013/01/anxiety-and-executive-function.html https://www.understood.org/en/learning-attention-issues/child-learning-disabilities/executive-functioning-issues/everyday-challenges-for-young-adults-with-executive-functioning-issues

Are You Losing Money By Calculating Margins Wrong?

I spent time on Friday helping a client update spreadsheets and Excel reports that used an incorrect formula to calculate the margin on bids for construction jobs. While this particular client was looking for a margin of 25%, he was actually getting one closer to 20%. On a $100,000.00 bid, that can be the difference …

Continue reading Are You Losing Money By Calculating Margins Wrong?

What makes an effective executive? – by Peter Drucker

An effective executive does not need to be a leader in the sense that the term is now most commonly used. Harry Truman did not have one ounce of charisma, for example, yet he was among the most effective chief executives in U.S. history. Similarly, some of the best business and nonprofit CEOs I’ve worked …

Continue reading What makes an effective executive? – by Peter Drucker

Leaders Don’t Manage Time, They Manage Choices

This is an article I liked and found valuable on Psychology Today. The link to the original article is here. Over the last few weeks, we’ve looked at the four behaviors that differentiate a functional manager from a true leader.  As you know, I refer to these behaviors as the “Phenomenal Four,” which include: Cultivating …

Continue reading Leaders Don’t Manage Time, They Manage Choices

Success in a new assignment

When you join a new job, you don't know what you don't know. Success in a new job is not about doing what you know or waiting for you to be told what to do. It is mostly about getting to know what you need to know. This is mostly about working with people. And …

Continue reading Success in a new assignment

Sell-in, Sell-out and Sell-through

For a retailer such as Amazon or Wal-Mart: Sell-in: how many units of a product is a manufacturer selling into the retailer Sell-out: how many units of a product is selling out to the customer (from the retailer) Sell-through is the same as sell out. They just invented it to confuse you. For a manufacturer: …

Continue reading Sell-in, Sell-out and Sell-through

Steps to Take When You’re Starting to Feel Burned Out – HBR

It’s the opposite end of the spectrum from engagement. The engaged employee is energized, involved, and high-performing; the burned-out employee is exhausted, cynical, and overwhelmed. Research shows that burnout has three dimensions: emotional exhaustion, depersonalization, and reduced personal accomplishment. When you’re emotionally exhausted, you feel used up—not just emotionally, but often physically and cognitively as …

Continue reading Steps to Take When You’re Starting to Feel Burned Out – HBR

About Interstate Shipping in India

Unable to ship your products on time to your customers? Are your shipments returning to you after getting stuck atInter-State Checkpoints? Having difficulty in understanding the rules and finding the interstate shipping forms? If these are the kind of questions that are troubling you with interstate shipping, then we have something incredibly awesome to share with …

Continue reading About Interstate Shipping in India

You’re imperfect and you will struggle, but you are worthy of love and belonging

https://www.youtube.com/watch?v=iCvmsMzlF7o

How VAT works?

VAT -- Value-Added Tax -- is the biggest tax reform in the last 50 years of independent India and will change forever the way traders do their business. But do you understand VAT? Don't you need advice on the new VAT laws and how they affect your business? No need to worry, help is at …

Continue reading How VAT works?

Empathy vs. Perspective

Empathy helps you understand what a prospective donor is feeling.  Perspective helps you understand why they are feeling it. Empathy keeps relationships on track. Empathy helps you remember that your supporter lives on the west coast while you are on Eastern time. Thanks to your empathy you’ll avoid calling her when you first get to the …

Continue reading Empathy vs. Perspective

Usage of debit note and credit note

Purchasing and Selling of goods are very common in day to day life, and in the same way, returns of goods are also a very usual thing nowadays. Debit Note and Credit Note are used while the return of goods is made between two businesses. Debit Note is issued by the purchaser, at the time of …

Continue reading Usage of debit note and credit note

How to negotiate nicely without being a pushover? – HBR

We all want it both ways: to get what we want from a tough negotiation and to walk away with our relationship intact. The good news is that kind of outcome is possible. But how exactly do you drive a hard bargain while also employing soft skills? How do you advocate for what you want …

Continue reading How to negotiate nicely without being a pushover? – HBR

How to disagree with someone more powerful than you

Power is the ability to influence the behavior of others with or without resistance by using variety of tactics to push or prompt action. There are six sources of power - legitimate power, referent power, expert power, reward power, coercive power, informational power and power tactics (behavioural, rational and structural tactics). Your boss proposes a …

Continue reading How to disagree with someone more powerful than you

5 Whys Analysis

The following is a snippet from Wikipedia. 5 Whys is an iterative interrogative technique used to explore the cause-and-effect relationships underlying a particular problem.[1] The primary goal of the technique is to determine the root cause of a defect or problem by repeating the question "Why?" Each question forms the basis of the next question. …

Continue reading 5 Whys Analysis

Gross Profit vs. Operating Profit vs. Net Profit

At the core, profit is earnings minus expenses. However, we want to bifurcate and come up with various variations of profit to understand the business better. Therefore, at the first level, we have gross profit. Gross Profit is nothing but 'Sales - COGS' This shows how much profit are we earning without considering our expenses and …

Continue reading Gross Profit vs. Operating Profit vs. Net Profit

CST vs. VAT vs. Service Tax

Indirect Taxes Service Tax is a form of indirect tax imposed only on services provided. From the point of view of a layman, providing services means assistance in any work, taking up of any work on behalf of others, any professional assignment or rendering intangible benefits to others. VAT (Value Added Tax) is a form …

Continue reading CST vs. VAT vs. Service Tax

Decoding or understanding your restaurant bill

Not everyone is aware about Service Tax and VAT taxation details. So let's demystify these charges and understand the components that inflate your restaurant bills. Service charge Service charge is collected by the restaurant for rendering its service to you. It is not a tax and is not levied by the government but purely charged …

Continue reading Decoding or understanding your restaurant bill

Calculating Distributor or Dealer ROI

This is a post that is written on gyaanokplease.blogspot.com and the link to the original article is here. I just cannot emphasize enough about how well this article has been written and hence I've included even some of the comments. Thanks to gyaanokplease for this post. So probably the first thing that your distributor/dealer/stockist is …

Continue reading Calculating Distributor or Dealer ROI

Amazon’s Business Growth Flywheel

This is a re-blogged post that is written by Corey Eastman and the original link to the article is here. What’s the DNA of a growth strategy? When Jeff Bezos first started Amazon he drew what’s now known as Amazon’s Growth Flywheel on a napkin. Similar to how nature has patterns that repeat or reproduce, …

Continue reading Amazon’s Business Growth Flywheel