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Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them. Business, that's easily defined - it's other people's money.
UK economy ‘treads water for six months’
Britain is mired in a ‘mediocre and disappointing’ recovery with the economy barely regaining output lost to the pre-Christmas arctic snap, a survey has found.
In a gloomy report published overnight, the British Chambers of Commerce warned that the government’s austerity drive has acted as a ‘worrying’ drag on the UK’s economic revival. Despite a mini-boom in exports, confidence among manufacturers has slumped to levels last seen during the depths of the recession in 2009 because of ’sluggish’ domestic demand, it found.
Lacklustre growth is causing firms to delay plans to hire new staff and invest in the future, with new employment in the services sector running at a three-year low, according to the BCC. Soaring raw material costs are also squeezing firms, with four out of five companies surveyed by the BCC admitting that they’re facing growing pressure to pass on commodity inflation to customers.
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Seventh Annual American Business Awards Announces 2009 Call for Entries!
Just when American workers and companies could use a pick-me-up, the Stevie® Awards issued a call for entries today for its Seventh Annual American Business Awards, the awards that honor achievements in the American workplace, from the executive suite to the mailroom. The 2009 awards will honor work since the beginning of 2008.
All organizations operating in the U.S.A. are eligible to participate in The American Business Awards — public and private, for-profit and non-profit, large and small. Entry details are available at www.stevieawards.com/aba. The entry deadline is March 31. Late entries will be accepted through April 30 with a late fee, and the awards will be announced in New York on June 22.
Entries are accepted in dozens of categories from Executive of the Year, Company of the Year, and Best New Product or Service to Best Web Site and Best Annual Report. New categories in 2009 include Business Innovation of the Year and Fastest-Growing Company of the Year. For a full list of all categories, please visit: http://www.stevieawards.com/pubs/awards/70_816_3655.cfm
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Microsoft Adds Muscle To SharePoint Server.
Microsoft later this year will stop developing the standalone version PerformancePoint Server and has moved the software’s scorecard, dashboard and analysis features into SharePoint Server. It’s a move that can be seen either as a sign of the belt-tightening times, or as fodder for the argument that business intelligence is more of a feature than a product.
PerformancePoint has been added to the SharePoint Enterprise client access license and is now available to subscribers of SharePoint Software Assurance. Microsoft will release a third and final service pack for PerformancePoint around midyear, after which the vendor will stop development work on the standalone offering.
In a Q&A on Microsoft’s Web site, Kurt DelBene, senior vice president of Microsoft’s Office Business Platform Group, said Microsoft made the change in order to make business intelligence more accessible within organizations. Microsoft is removing the barriers for customers who want to deploy a complete Business Intelligence solution, leveraging their existing investments in SharePoint Server, SQL Server, and Excel.
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Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. One more thing is in the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Remember, a business that makes nothing but money is a poor business.