by.idun.sophia

by.idun.sophia

EP111 Five attributes of successful partnerships

Successful partnerships, whether personal, professional, or business-related, thrive on certain key attributes that create trust, alignment, and synergy. Here are 5 attributes of successful partnerships: 1. Trust and Honesty Trust is the foundation of any successful partnership. Both parties must…

EP108 Three Famous Corporate Bankruptcies

Several well-known companies have filed for bankruptcy over the years, often due to poor management, economic downturns, or significant shifts in their industries. Here are three famous corporate bankruptcies: 1. Lehman Brothers (2008) 2. Enron (2001) 3. General Motors (2009)…

EP107 How to make your product shine

Making your product different from the competition is essential for standing out in a competitive market. Here are key strategies to make your product unique and appealing: 1. Unique Features and Functionality 2. Superior Quality 3. Branding and Emotional Appeal…

EP106 What exactly is Corporate Strategy?

Defining Corporate Strategy Corporate strategy is the overarching plan that defines an organization’s long-term objectives, sets its direction, and guides decision-making across all its business units and functions. It focuses on determining where the organization wants to compete (markets, industries,…

EP105 How to decide which costs to cut

To decide which costs to cut in order to meet a budget, you can follow a systematic approach that balances necessity and impact. Here’s a step-by-step guide to help you prioritize and decide on cost cuts: 1. Review All Expenses…