The main things that drive a company’s growth and development are its leaders’ guiding principles. Because of this, they are often called the “backbone” of a group. In a company’s set of guiding principles, things like fairness, sustainability, and treating people with respect are all things that might be talked about. But a concept can […]

If you want to help your business do well even though there is a lot of competition, studying economics can give you the tools you need. Learning about economics will also help you understand the needs of the market in your industry. Pankaj Prashant, an engineer who went to CORe to learn the basics of

Read more deeply to learn more about the topic of goals of business. Realizing that not all stakeholders add the same amount of value to a company and that trying to please everyone, no matter how influential they are, devalues other stakeholders. You, as the organisation, need to figure out which stakeholders are the most

Setting goals is a very important first step if you want to set your company up for long-term success and decide what its priorities will be. Spending some time writing down your business goals and the steps you plan to take to reach each one will greatly increase your chances of success. The goals of

Things like updating machines, buildings, and offices and taking legal precautions are examples of indirect actions. In a company as big, complicated, and varied as IBM, indirect actions are usually split between departments and supervised by more than one manager. I call all of these hidden costs “overhead,” and while a large company can certainly