• Breaking News

    Saturday, June 29, 2019

    Business Boeing's 737 Max Software Outsourced to $9-an-Hour Engineers

    Business Boeing's 737 Max Software Outsourced to $9-an-Hour Engineers


    Boeing's 737 Max Software Outsourced to $9-an-Hour Engineers

    Posted: 28 Jun 2019 07:11 PM PDT

    Subway Got Too Big. Franchisees Paid a Price.

    Posted: 28 Jun 2019 05:05 PM PDT

    Boeing falsified records for 787 jet sold to Air Canada. It developed a fuel leak

    Posted: 28 Jun 2019 07:40 AM PDT

    Elon Musk Ratchets Up Space War with Bezos, Targets $300M for SpaceX

    Posted: 28 Jun 2019 02:42 AM PDT

    Half of Japan's 10 highest-paid bosses work for SoftBank

    Posted: 28 Jun 2019 02:02 PM PDT

    Millionaire to Billionaire.

    Posted: 28 Jun 2019 03:07 PM PDT

    Anyone here with experience regarding hiring Non-EU employees in the EU?

    Posted: 29 Jun 2019 01:01 AM PDT

    So here's the details:

    I own a Tattoo Studio in Germany. A while back, I met a fantastic Tattoo Artist from the Philippines while on vacation in the US, and I'd love to have that guy work for me full time in Germany. Now I know that most non-eu peeps just hop over on a tourist visa and work for a few weeks, but I don't like that route at all.

    How on earth do I get him over here legally? Is there a realistic chance?

    I'd love to here some input!

    submitted by /u/eyeinthesky360
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    US investors hunt for the Beyond Meat of China

    Posted: 28 Jun 2019 09:32 AM PDT

    Memorandum and Articles of Association

    Posted: 28 Jun 2019 11:37 PM PDT

    Need some help with application questions regarding business news

    Posted: 28 Jun 2019 11:19 PM PDT

    I got an invitation to a conference that means a lot to me, and the application for it has some questions about business that I would love some advice on. I have an idea of what I'll answer, but I want to hear some of what you guys have to say, as I am completely new to business in this sense. Here are the questions:

    1. Identify a business issue that was recently covered in the news and explain

    why you think it was (or was not) newsworthy.

    1. Please describe your perspective on how recent domestic or global

    economic or business news events have been covered by one or more broadcast or cable news outlets.

    1. Identify a business issue that seldom attracts the attention of the news

    media. How would you cover this issue as a journalist?

    submitted by /u/slottypippen
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    What if you want to start a small sticker business but can't afford to open up a business bank account?

    Posted: 28 Jun 2019 10:59 PM PDT

    Hi guys!

    I'm planning to open my sticker business soon (designing and selling stickers) and I'm using Bigcartel to make my website. However, I know that Bigcartel requires you to have a business PayPal bank account. And I scoured through Reddit and of course, a lot of people recommend opening a business bank account for tax purposes. But unfortunately, I can't afford to open up a business bank account so what should I do?

    Can I still run my small business through my personal bank account as of now? Of course, in the future, if I do make a decent revenue then I would open up a business bank account. But as of right now, that's not possible.

    As you can tell, I'm really new to the business world and how it works so any tips and advices on starting a business would be greatly appreciated!

    Thank you!

    submitted by /u/mr_wiggles_the_cat
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    Howdy, I need advice on a secure mass email verification/sending service that wont sell my client's metadata

    Posted: 28 Jun 2019 01:04 PM PDT

    Hey guys, I've been tasked with finding a service that will check through all the company email contacts, verify them as still existing, allow us to send out mass emails, AND NOT LEAK ANY OF THIS INFORMATION. I've been googling for about 2 hours now and everything is so sketchy seeming. They sell 'coins' and 'credits' which makes me think they're willing to sell data, me being paranoid and also wanting to protect business partners from something like that happening has lead me to ask you guys for input

    submitted by /u/Kablump
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    Deutsche Bank considering up to 20,000 job cuts, WSJ reports

    Posted: 28 Jun 2019 09:12 AM PDT

    All Roads Lead to China: Trillion-Dollar Belt and Road Initiative

    Posted: 28 Jun 2019 04:37 PM PDT

    One of the biggest stories in Asian business is China's "Belt and Road" Initiative, President Xi Jinping's signature foreign policy venture that aims to redraw global trade routes. It is estimated to cost more than $1 trillion USD, making it arguably the largest overseas investment programs ever undertaken by a single country. This could likely change the global eco-economic and geopolitical balance of power. Read More [...]

    submitted by /u/Mt_Everest_977
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    From wind tunnels to megadeals, the Boeing sales boss facing new MAX storm

    Posted: 28 Jun 2019 07:25 AM PDT

    [Discussion] Stanford Business Article/Research On "Flat" Business Structures Possibly Creating More Functional Teams

    Posted: 28 Jun 2019 09:06 AM PDT

    https://www.gsb.stanford.edu/insights/rethinking-hierarchy-workplace

    "When you look at real organizations, having a clear hierarchy within your firm actually makes people turn on each other when they face an outside threat," says Lindred Greer, a professor of organizational behavior at Stanford Graduate School of Business. Effective teamwork against threats requires not hierarchy, but egalitarianism; not centralized power, but a culture in which all voices count.

    Along with Lisanne van Bunderen of the University of Amsterdam and Daan Van Knippenberg of Drexel University, the research team teased out this finding through two complementary studies. In the first study, an experiment, teams of three students developed and pitched a consultancy project to a prospective client. Some of these teams were non-hierarchical, while members of other teams arbitrarily received titles: senior consultant, consultant, junior consultant. Likewise, some teams faced no rivals, while others were told they were competing with a rival firm for clients. The researchers found that the subset of hierarchical teams facing competition with rival firms struggled with infighting while the egalitarian teams cooperated on their work.

    In their second study, they investigated a Dutch health insurance company. They provided surveys to 158 existing teams within the firm. The surveys measured the degree to which teams felt egalitarian or hierarchical and how much they perceived conflict with other teams in the company. Company managers then rated team performance. Their results corroborated the experimental findings: Hierarchical teams that felt like they were competing against other teams generally underperformed, while egalitarian teams did not. (The results are forthcoming in an article for the Academy of Management Journal.)

    The Benefit of a Common Fate

    "The egalitarian teams were more focused on the group because they felt like 'we're in the same boat, we have a common fate,'" says van Bunderen. "They were able to work together, while the hierarchical team members felt a need to fend for themselves, likely at the expense of others."

    While this research targeted a specific theoretical gap in academic literature, the findings raise important questions for practitioners: Should hierarchy be avoided? If so, how can an organization arrange itself? How can leaders lead?

    Greer emphasized the need to consider context when answering these questions. An organization that doesn't face external threat — the U.S. Department of Agriculture, for instance — should function perfectly well with a bureaucratic and hierarchical structure. In a highly competitive market, though, egalitarian tendencies may support employee cooperation and, consequently, performance.

    Within single organizations, too, different departments may benefit from different structures. Sales teams generally face steady competition from companies with similar services or products. Given this, promoting an egalitarian culture in sales may reduce employee friction. Engineers, meanwhile, are more insulated from the threat posed by engineers at other companies; standard hierarchies may work well in engineering departments.

    Imagine There's No Hierarchy

    In some cases, hierarchy is an unavoidable part of the work. Greer is currently studying the interaction between surgeons and nurses, and surgeons lead by necessity. "If you took the surgeon out of the operating room, you would have some issues," she says. But surgeons' dominance in the operating room can also be problematic, creating dysfunctional power dynamics. To help solve this problem, Greer believes that the expression of hierarchy can be moderated. That is, surgeons can learn to behave in a way that's less hierarchical.

    The egalitarian teams were more focused on the group because they felt like 'we're in the same boat, we have a common fate.Lindred Greer

    Navy SEALS exemplify this idea. Strict hierarchy dominates out in the field: When a leader says go left, they go left. But when the team returns for debrief, "they literally leave their stripes at the door," says Greer. The hierarchy disappears; nobody is a leader, nobody a follower. "They fluidly shift out of these hierarchical structures," she says. "It would be great if business leaders could do this too: Shift from top-down command to a position in which everyone has a say." Importantly, she reiterated, this kind of change is not only about keeping employees happy, but also about enhancing performance and benefiting the bottom line.

    Taken together, these issues raise a fundamental question for Greer: What would it mean to wholly replace hierarchy? The small movement around Holacracy, she noted, which is designed to flatten organizations and distribute decision-making authority, has not yet demonstrated great success. "I've always said that if there were a Nobel Prize for management, it would go to the person who finds an organizational structure that's not based on vertical differentiation, on hierarchy, on leadership," she says. "Other than Holacracy there have to be ways to organize that don't imply inequality and inequity — ways to organize that are more mutually respectful and reinforcing."

    submitted by /u/workplace_democracy
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    How to write a business plan if........

    Posted: 28 Jun 2019 05:41 PM PDT

    Currently i want to start my idea of a 24 hour key access calisthenics (bars) and barbell gym.

    I guess the first step is to write a business plan. When I search in youtube how to write one, it says things like "write the location, how much you need to make".

    So how do i actually write that business plan that requires those information if I still dont know those things?

    submitted by /u/Bloxerbadge
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    Inherited a clothing company with an industry niche, a dedicated following and steady revenue. How to take it to the next level?

    Posted: 28 Jun 2019 09:59 AM PDT

    Following the death of a close friend, his family have asked me to continue running his clothing brand. I have about 6 years of experience running my own media production business that provides videography, photography and graphic and web design but merchandising is a whole different ball game so I'm seeking advice from anybody that has a background in clothing and bringing products to market through brand-building and e-commerce.

    The company is an outdoor and adventure clothing company with a focus on winter sports, hiking and other outdoor activities and features original designs sourced through an artist outreach program. The bulk of sales are T shirts, hoodies and hats but the company has also had success marketing snow jackets for skiers and snowboarders. We also have some degree of brand recognition in the local area and (during ski season) sell products directly out of the car in ski area parking lots.

    Being in the winter sports community myself I feel I have a feel for the style trends and products that outdoor enthusiasts are looking for and have begun the process of collecting quotes from sellers on AliBaba to produce a new line of snow jackets tailored toward specific types of skiers and snowboarders - namely a light jacket to suit park riders and a heavier jacket with technical features appropriate for long days of backcountry touring.

    Where I need help is ideas to keep the company's momentum going - prior to my friend's death sales were reasonably consistent but overall volume was still low, averaging maybe a dozen sales a month. For this to be a worthwhile venture I'd like to get that number closer to about 50. At this stage a sizeable percentage of sales come from friends and family of the company's team of sponsored snowboarders.

    I'd like to expand the brand's online presence and start generating sales in new areas via the company website. Most of the company's buzz comes from word of mouth followed by social media. How effective are Facebook and Instagram ad campaigns? It's one thing for a post to be seen by 10,000 people but my impression is that social ads generate minimal conversions at best. What are some strategies for getting the most out of online marketing?

    What are some ways that clothing brands are able to stand out? The products the company offers at the moment are both high quality and reasonably priced and the designs are attractive and unique but I feel like the hardest part of the brand-building process is still ahead. Looking for suggestions for how to take the brand to the next level and help realise my dearly departed friends' vision.

    Any input is appreciated, especially if you have experience building a merchandise brand or have previously taken over and further built company. Thank you!

    Edit: another question I have is whether it's worth trying to bring our products in to physical stores and how to best go about reaching out to retailers

    submitted by /u/Christobell_
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    New article reveals Buffet's secrets

    Posted: 28 Jun 2019 05:26 PM PDT

    Lego family builds empire with Alton Towers owner

    Posted: 28 Jun 2019 07:35 AM PDT

    JinkoSolar adding more manufacturing capacity as demand outstripping supply

    Posted: 28 Jun 2019 04:28 AM PDT

    Optimized White label Online Platform for iGaming businesses with simple integration and a wide range of options

    Posted: 28 Jun 2019 04:13 AM PDT

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