It is a popular belief that men and women are start off their careers on an equal footing and have equal chances to succeed. Why then there are not many women occupying high rank positions in government or top management? And those women who managed to advance in their careers see it as a lucky concourse of circumstances or unexpected chance. They tend to explain their success as: “It so happened”. Aren’t women less ambitious than men? Sociologists’ findings suggest otherwise. Women always search for more clever, savvy, successful and creative partner in life that speaks for women’s exceptional demands.
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Global economic relations and business environment oblige business people to learn and follow the rules of good manners or etiquette accepted in societies of different countries. The breach of these rules may bring on the rupture of business connections and result in the loss of market shares. The rules of business etiquette changes with time. Nowadays some of them, like attitude towards women, have lost its relevance.
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There are a great many reasons that may lead you to start your own business such as early retirement, resignation, work overload, low financial standing. The reward for all problems and difficulties connected with business setting up is obvious – you will be the master of your time and income as well as have the possibility to obtain long-awaited independence.
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Before it had been considered that true leaders (especially business ones) never made mistakes. But things have been changed. Leaders are also humans and it is human to err and make mistakes. All big companies have a collection of mistakes to boast of. Here is the vivid example of it. In 1986 General Electric under Jack Welch’s leadership had acquired 80% of Kidder Peabody Company for US$ 600mln. This mistake cost them US$ 1,2 bln.
Jack Welch commented: “I rewarded people for their mistakes if they failed in an attempt to make changes. The main thing here is not to be inactive and afraid of making mistakes. I keep saying to people that if your boss managed to buy Kidder Peabody and goofed up all business than you may do the same. This saying appeared on the front-page of The Wall Street Journal nineteen times. So, if a boss is able to do it and overcome the consequences than you have a free hand. Any way, you are not likely to do anything worse than I have done.”
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Benchmarking is a new buzzword in management. Some people are quite wary of this term fearing that industrial espionage may use this word as a cover. In fact, there is a fundamental difference between these two methods. Benchmarking is a management tool for measuring company’s performance which is supposed to be a general knowledge.
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Most of us dream of quit working as an employee and set up own business. But it is not that easy to achieve success in own business. There are a set of tips for making your business successful!
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