I can’t believe the number of people that have lost everything by investing with Madoff. While I feel empathy for those who lost money, who puts all their money in one place and doesn’t know what the investment is backed by. The first rule any amateur or professional investor learns is to diversify. Never put your money in one stock, bond, company, industry, sector, etc. This includes your house. If people are so lazy they can’t even handle the simple oversight of their wealth and investments, than maybe they don’t deserve it. We should all learn several investment lessons from the Madoff debacle…diversify, don’t invest in anything you don’t understand, and if it always goes up and sounds too good to be true, it is.
Selling B2B (Business-to-Business) is complex, and the emergence of committee-based decision-making makes it even more challenging and increases sales cycle times. Unlike traditional B2B sales processes, where individual executives or small teams often make decisions, the committee-based approach involves a group of stakeholders, each bringing their unique perspectives and requirements to the table. This approach […]
The TOWS Matrix is an important tool for formulating business strategy, providing a framework for analyzing external opportunities and threats concerning internal strengths and weaknesses. This article is aimed at graduate business strategy students and professionals who want to deepen their understanding of strategic planning tools. Understanding the TOWS Matrix The TOWS Matrix, developed by […]
Diversity, equity, and inclusion (DEI) have been a hot topic in business and boardrooms for the last ten years, but it has not always been embraced openly. Most recently, DEI has received significant pushback from some and has become politically charged. This is an unfortunate trend because diversity and inclusion are not just moral imperatives […]