|
10 COMPELLING REASONS NOT TO DOWNSIZE
Almost daily, newspapers, business magazines, radio and television carry reports of companies, large and small, that are downsizing. Their attention is chiefly focused on the impact to the employees, as they are the ones most acutely experiencing...
A Mass Customization Revolution
A Mass Customization Revolution
The Industrial Revolution
The great social and economic changes due to the introduction of machine and power tools and large-scale industrial production began in 1760. Through the first 70 years of this...
Book Summary: The E-Myth Revisited
Ever wonder why most small businesses-- no matter how huge effort they put in their endeavor--still fail? Micheal Gerber reveals the answers in this book. Accordingly, the future of small businesses revolve in only three philosophies: the...
Innovation Management – Capturing Ideas
All too often idea generation is a conscious process. Leaders will herd people into a room with a flip chart, conduct a “brainstorming” session and state a problem (without deeper analysis) and ask for ideas. However, this shows a fundamental...
Innovation Management – Status Games
One of the dynamics leaders should be looking out for is the propensity of certain personality types to be more interested in maintaining a high status within the group as opposed to working to arrive at good decisions.
Creativity can...
|
|
|
|
|
|
|
|
Multiple Sources of Income
It is a common say today that there is now job security whatsoever - that is true fact worldwide - US, Europe (see what is happening in Germany), Australia or any other developed country.
What basically happens is that globalization causes our jobs to be relocated to countries which have cheaper labor. For example, many programmer jobs are being moved to India, Russia, Estonia etc... where labor might cost only ten percent of its cost in a developed country.
So - its time to forget the golden watch and the dream of easy sweet retirement at 65. And as far as that is concerned things are getting even more complicated since we tend to live longer years but have less children - who is going to pay for our pensions?
Governments are already in the process of changing the laws and we could reasonably expect the official retirement age to be raised to 67 and perhaps 70 in the next few years. Also the social benefits system of some countries is in dire straits with too many claims by the impoverished and a too small contribution of the middle working class.
Robert Kayosaki in his book Rich Dad Poor Dad has pointed out that we live in an age where we must ensure that we have Multiple Sources of Income. He correctly
identified four ways of earning money:
- Employment (i.e. a normal tradional 'job')
- Self Employment (working for yourself)
- Business (having a 'system' that makes money)
- Investment (earning money of accumulated capital)
Kayosaki argues that an individual seeking financial freedom should try to position himself in both nos. (3) and (4), which is exactly what the rich do - they either own a business (its management can be outsourced at a cost to a professional manager) , or invest surplus capital in other people's business - and both these do not require an individual to work (i.e. trade time for money).
The point is basically to be free from being wholly dependent of an employer.
A wise man does not work for money, but lets money work for him.
Liron Rose (MBA) has been in the Internet Marketing scene since 1999. He served as the Business Development Manager of Suntrader Interactive, a full service interactive agency based in Canada, and as the Online Marketing Manager for Zootec Innovations, a start-up company in the gaming arena. http://www.rainbowmaster.com
|
|
|
|
|
DTI - Welcome to the DTI's Innovation Home Page |
The DTI is working to stimulate a significant increase in innovation throughout ... It covers Living Innovation, web streaming of a series of high profile ... |
www.dti.gov.uk |
  |
Innovation - Wikipedia, the free encyclopedia |
An innovation in this light occurs whether or not the act of innovating ... A convenient definition of innovation from an organizational perspective is ... |
en.wikipedia.org |
  |
National Innovation Website |
The Department of Industry, Tourism and Resources has developed this website to raise awareness of the importance and benefits of innovation and ... |
www.innovation.gov.au |
  |
Innovation, creativity and brainstorming resources from ... |
A comprehensive site designed to provide busy entrepreneurs with a focused collection of the best resources on innovation, creativity, and brainstorming. |
www.innovationtools.com |
  |
Innovation Weblog - Trends, resources, viewpoints from Chuck Frey ... |
The Innovation Weblog - Valuable trends, resources and viewpoints in innovation, creativity and brainstorming from Chuck Frey at InnovationTools. |
www.innovationtools.com |
  |
CORDIS: Innovation Portal: Home |
This Innovation Portal is supported by DG ENTR of the European Commission, ... European Commission adopts new Communication on Innovation: on 13 September ... |
cordis.europa.eu |
  |
CORDIS: Promotion of Innovation: Home |
This programme stands at the cross-roads of the Community's policies on Research, Innovation and SMEs. |
cordis.europa.eu |
  |
Innovation Network... leveraging innovation, creativity and ... |
The Innovation Network is an association of companies and employees committed to innovation. The site features some interesting articles as well as some fun ... |
www.thinksmart.com |
  |
Business Innovation : Car Reviews, Online Gaming, and Product Branding |
If your in need of great Online Gaming material, we carry up to the minute news and reviews for all of your favorite games and gaming systems. |
www.businessweek.com |
  |
Innovation - Life, Inspired | PBS |
Learn about fascinating innovations, explore interactive features, submit questions to our experts, investigate resources and lesson plans, and more. |
www.pbs.org |
  |
Innovation.org - Welcome |
Impact of Innovation Saving & Improving Lives Controlling Healthcare Costs Strengthening ... Future of Innovation New Medicines in Development Next Wave of ... |
www.innovation.org |
  |
Innovation: See what people are saying right now on Technorati |
See all blog posts tagged with innovation on Technorati. |
www.technorati.com |
  |
Innovation Relay Centres - The World Largest Network for ... |
Innovation Relay Centres giving advice on Innovation, Technology Transfer and Exploitation. Major European source for innovative technologies or new ... |
irc.cordis.lu |
  |
The Tech Museum of Innovation | Welcome |
The Tech Museum of Innovation - Welcome! The Tech Museum inspires and educates the innovators of the future. |
www.thetech.org |
  |
Pages tagged with "innovation" on del.icio.us |
CoDev 2007 - Co-Development for Business Growth: Open Innovation and Alternatives ... PDMA & IIR's 5th Annual Front End of Innovation ... |
del.icio.us |
  |
innovation |
Publication highlighting the research activities of NUS. The site provides snippets of selected articles online, and provides a subscription form online. |
www.innovationmagazine.com |
  |
Canadian Innovation Centre |
Services includes invention evaluation, technology due diligence, market research, and education programs. |
www.innovationcentre.ca |
  |
London INNOVATION :: Home |
Maximise your business potential through innovation. Learn the secrets of successful business innovation in London. |
www.london-innovation.org.uk |
  |
Eric Von Hippel's Homepage |
Downloadable Books. Democratizing Innovation (2005) ... The Sources of Innovation (1988). Free download of the complete book. Permission granted by Oxford ... |
web.mit.edu |
  |
Intel Innovation in Education |
www.intel.com/education/ - 3k - Cached - Similar pages |
|
  |