Category Archives: Business

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What is Interim Management

By | Management | No Comments

Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization. In this situation, a permanent role may be unnecessary or impossible to find on short notice. Additionally, there may be nobody internally who is suitable for, or available to take up, the position in question.

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The Rise of Interim Management in China

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When businesses are going through a period of transition it’s important to have trustworthy, experienced executives on board to help make the process run smoothly. That’s where interim managers can be a valuable addition to the team.

Although businesses in the West have been using interim management for decades, the concept of hiring an interim manager in China is relatively new. With China’s economy being in a state of change and with various challenges facing the Chinese manufacturing sector, experienced interim managers in China may be exactly what many businesses need to get through a crisis.

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How One Startup Developed a Sales Model That Works in Emerging Markets

How One Startup Developed a Sales Model That Works in Emerging Markets

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As the heat continues to blister during this summer in New York, I think back to the first time I ever bought an air conditioner: fresh out of college. It was a daunting investment, but well worth the quality-of-life improvement. I stumbled through a few consumer report roundups online, asked the advice of friends and coworkers, and eventually found myself at a local hardware store, where the owner enlightened me to the complex world of BTUs, replaceable filters, and square footage calculations. Within 30 minutes I had a giant box on a dolly and 300 more points on my recently opened credit card. Read More

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Google’s self-driving car got in the first accident that was truly its fault, but it was going only 2 miles an hour

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One of Google’s self-driving cars hit a bus in Mountain View earlier this month, marking the first accident in which one of the company’s robotic vehicles appears to be have been at fault.

While Google’s self-driving cars have been in various fender benders over the years, the accidents have until now always been the fault of other drivers or of the human drivers who occasionally take control of the Google cars, according to the company’s previous self-driving car reports. Read More

How to Negotiate with a Liar

How to Negotiate with a Liar

By | Negotiations | No Comments

Robust social psychology research indicates that people lie—and lie often. One prominent study found that people tell, on average, one or two lies every day. Negotiators are no exception. Judging from studies done in 1999 and 2005, roughly half of those making deals will lie when they have a motive and the opportunity to do so. Typically they see it as a way to gain the upper hand (although it can actually cause backlash and prevent the kind of creative problem solving that leads to win-win deals). Deception is thus one of the intangibles that negotiators have to prepare for and take steps to prevent. Read More

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