http://blog.majorfocusgroup.com Hard facts on the soft issues in business. Wed, 10 Mar 2010 01:56:57 +0000 http://backend.userland.com/rss092 en We’re all familiar with the medal tally that comes out of any Olympics, summer or winter and there’s much conjecture about the relevance of the medal tally. From the recent Winter games that were completed in Vancouver, the overall medal tally (i.e summation of gold, silver & bronze medals) was ... http://blog.majorfocusgroup.com/economics/winter-olympics-vancouver-what-is-the-best-measure-of-success/ In a recent blog post I  outlined the 5 aspects that make our intuition unreliable and inconsistent. We need to consider the alternative to purely relying on human intuition in business.  There are numerous factors in play in business from the various market forces to the various customer, direct customer ... http://blog.majorfocusgroup.com/business/the-evidence-intuition/ Businesses are used to collecting the financial information and with their accountants compiling financial reports.  But the one main number that is driving the business is not found in the financials. The one main number that will predict where the future of the business is going is not in the ... http://blog.majorfocusgroup.com/business/the-one-main-number-is-not-found-in-the-financials/ In the recent blog post I asked a question that was provoked by a podcast by Joseph Michelli about "How do you know?"  In other words, what data are you relying on in your business to make decisions? The question now is "How will you know?"  I'm here looking at the ... http://blog.majorfocusgroup.com/business/how-will-you-know/ Recently Joseph Michelli gave an excellent podcast and also the transcription was up on his blog, asking the question "How do you know?" In his podcast Joseph talked about in his experience of dealing with some business clients, that they'll state a particular situation is the case and Joseph will then ... http://blog.majorfocusgroup.com/business-ideas-tips/how-do-you-know/ 5 Aspects That Make Our Intuition Unreliable And Inconsistent Human Intuition or gut feeling is perceived to be reliable, accurate and that we should rely on this more to make our decisions predictions and run our businesses.  I believe that in leading and managing in business it must be a ... http://blog.majorfocusgroup.com/business-ideas-tips/5-aspects-that-make-our-intuition-unreliable-and-inconsistent/ Recently I travelled to Tasmania on business and stayed at the Mid City Motel. I was there for 2 nights and the motel room itself is quite well appointed. The lady on reception was a little bit vague when I checked in.  I got up to the floor and ... http://blog.majorfocusgroup.com/business/do-your-frontline-staff-look-at-things-from-the-customer%e2%80%99s-perspective/ Many advertising agencies and the old media sales representatives will talk about the importance of brand advertising. They will produce a spiel that goes along that ‘it is necessary for a business to establish it’s brand in the market place.  They will state that brand advertising is more important than ... http://blog.majorfocusgroup.com/business-ideas-tips/how-does-a-brand-become-trusted/ Here in Australia the Federal Government has recently started a new website called My School This website provides profile information about all of the schools in Australia (government and private). The information detailed is various educational results from National testing that all students undertake in Years 3, 5, 7, & 9. ... http://blog.majorfocusgroup.com/business-ideas-tips/my-school-website-measuring-output-vs-input/ In business today we can get tied up in our products and services that we offer. We can talk to prospective customers and current customers about the various range of products, models or services that we can provide. But people don’t buy products or services, they buy solutions. I know ... http://blog.majorfocusgroup.com/small-medium-businesses/what-problem-do-you-solve/