It has been 20 years since the Black Monday in 1987 when stocks crashed almost 23 percent in one session. Market watchers ask: “could it happen again?”
Views are equally distributed on whether it could happen again. Thank to technology, the world’s capital markets are 100 times more automated today than back in 1987. And that is what makes some senior folks think that a rapid fall is more easily possible today than in the past. Alan Greenspan says:”bubbles are only visible in hindsight”. Watch the video to learn more.
Preston Thompson, Assistant Vice President of the Federal Reserve Bank of Boston discusses some of the key considerations in Developing Risk Scenarios. Thanks to RiskTelevision.com for sharing this video.
If you are involved in any form of sales, client engagement, pre-sales, or business management, this is a must watch video. It’s one of the best videos on the Internet on how to prepare a good sales proposal. Thanks very much to Bill Dotson for sharing his experience along with numerous real-life examples. This is a very practical video that you can use right after watching it.
Often, there is so much rework at the last stages of proposal development just because some team members involved in the proposal were not aware of the full picture and customer business needs. If you are the manager, you have probably been giving your tips to the team every time you have a proposal.
In fact most companies, and that includes some very large companies, don’t have a clear business proposal checklist. It’s very much left for the sales manager to train his team — again and again. If you have been there, you will know exactly how it is like.
So make a note of this page and use it the next time you are submitting any business proposal. And more importantly — share it with all your team members who are involved in making your business proposal.
Collaborative team effort – is a must to achieve something big — but as anyone who has worked in a team to prepare a proposal or a business plan or any document will know — it’s a big challenge to ensure that people are working on the right versions and tracking who’s changing what. So often, one person in a team is made responsible just for this work – the anchor! But if you want to do it better — Google Docs offers a good system.
The adoption is still very small because most of us in business feel uneasy about putting our “next quarter projections on the Internet”. But if you asked the opinion of a neutral 3rd party software specialist, you will realize Google has built a fair amount of security around the docs. And like is most cases, those of us with the biggest need and smallest budget will get onto this before others who have more disposable capital and effort. But give it a try- we found it good!
Here’s a great presentation by Dr Patrick Dixon for MTN Mobile & Telecom. Dr Dixon is a business thinker and futurist. His Web TV site has more than 10 million unique users. He is Chairman of Global Change Ltd, author of twelve books (455,000 printed in 22 languages) including Futurewise and Building a Better Business, has spoken to audiences in 50 nations, and has been ranked as one of the 20 most influential business thinkers alive today.
In this video, he speaks about: How to make things happen. Connect with passion. Managing uncertainty with rapid change. Leadership styles. Why people get out of bed in the morning. How to motivate teams at work to do great things. Business management. Secret of leadership and ultimate leadership speech. Business ethics and values in corporations. Secrets of business success and increased productivity. Cutting costs. Increasing output. Adding shareholder value. Sustainable business success. Work life balance and lessons from non profits / volunteering. Why building a better world is such a powerful motivation.