Strategic vs. Operational Management

Board Effect

Strategic management and operational management are different and equally important aspects of the business. Leaders that make the mistake of putting too much attention into strategic planning or operations put the whole organization at risk because one process works harder than the other one.

How To Trim Startup Operating Expenses Fast

YoungUpstarts

The United States is the 3rd most startup-friendly nation in the world, behind Germany and Japan, according to US News, but startup entrepreneurs in America still need to keep operating costs under tight control in order to build their companies and make them profitable.

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Announcing NextView Operator Guilds

View from Seed

We’re calling them NextView Operator Guilds. . The concept our Guilds is simple: We want to bring together small groups of Product and Go-to-Market experts to lend their time to support our portfolio company founders and key operators.

The Board Operating System

Feld Thoughts

In the comments to my post yesterday titled The Religion of Silicon Valley , Rosey commented that the choice of metaphor could be “ operating system ” instead of religion. Can you, for example, take the SV’s operating system and drag and drop it into Boulder or Kansas City?

4 Ways To Improve Your Business Operations

YoungUpstarts

If you run a small business or large company, there are several ways that you can improve your operations. Here are some of the best ways to improve your business operations. Your business can be more successful and stay operating longer if you’re willing to make the right chances.

Oracle Cloud: The Quest for Operational Excellence

deal architect

Mark Hurd, CEO of Oracle pointed out during this week’s Cloud Summit that consumer tech spending has caught up to enterprise tech spending, and is accelerating. Enterprise tech spending, in contrast, is under all kinds of pressure. He did not.

Insight Into Operating A Successful Services Firm

YoungUpstarts

In this article we take a look at the soft-skills required to create and manage a services firm that operates on a national and even global level. Operating a consulting firm has highlighted just how important industry insight really is. by Cameron Batt, founder of Crum Consult.

How IoT-Enabled Tracking Systems Improve Business Operations

YoungUpstarts

Businesses that don’t evolve to adapt to new operational challenges will be left behind in today’s fast-paced world. A growing number of business owners and fleet managers are transitioning to GPS-based vehicle tracking systems to help overcome their operational challenges.

Run A Tight Startup Operation: 5 Business Security Solutions To Consider

YoungUpstarts

Today, we are exploring various security options that can help you run a tight startup operation without worrying about external forces affecting your work. Some of their devices may be already infected or running on outdated operating systems.

Top Goals For Operations Managers In 2014

YoungUpstarts

Whether you’re an operations manager with an MBA in operations degree or merely looking forward to being one in the future, there are some goals that all operations managers will need to have in 2014. Move your core operations to the cloud.

Building A Business Operating System

Feld Thoughts

Ben Huh, the founder/CEO who I adore and love working with, send out a powerful email about how he’s approaching Cheezburger’s next stage of growth, and how he’s thinking about building the business operating system. I’m kicking off the process of building the business Operating System for Cheezburger. Well-functioning systems and operational processes. The post Building A Business Operating System appeared first on Feld Thoughts.

The Smartest Way To Improve Business Operations

YFS Magazine

Grow Operations business operations internal audit process management productivity risk management small business advisersRunning a business isn’t an easy task. There are always difficulties to deal with that could negatively affect productivity.

3 Ways Startups Are Using AI To Improve Daily Operations

YoungUpstarts

Here are three ways startups are already using AI to improve their daily operations. AI is expected to transform the customer service experience by allowing companies to optimize call center operations and deliver service customized to customer preferences.

Empower Operational Employees to Innovate

Gregg Fraley, Author of Jack's Notebook

The Benefits of Innovation Training for Operational Employees. Why is it that organizations don’t invest in training operational employees? It’s great those folks get the training, and, a missed opportunity to provide training to the operational work force.

Further Thoughts on Startup Operations

Both Sides of the Table

“I need somebody to run operations.&# I never said you shouldn’t have a VP of Operations. I think people understand this title to mean more somebody who handles operational issues rather than somebody who is more like a “chief of staff&# as a COO often is.

Managing The Operations Of Your Startup

YoungUpstarts

Your success or failure will not rely upon the historical data and industry statistics, but from how well you manage daily operations. Here are five tips for assuming better command over your startup operations: Consolidate and Negotiate. by Cameron Johnson.

Global Payroll Companies Save Corporations Money On Operations

YoungUpstarts

When a company has started its operations in multiple countries of the world, there are several challenges it has to face. When you have decided to operate in the international scale, it means that you have increased your employees in multiple countries and continents.

3 Digital Marketing Tips For Small Businesses Operating On A Small Budget

YoungUpstarts

The post 3 Digital Marketing Tips For Small Businesses Operating On A Small Budget appeared first on Young Upstarts. Digital marketing has exploded in the last few years with the help of social media and influencer marketing. For the 30.2

Startup Boards – Operation Pre-Order

Feld Thoughts

As a result, I’m activating Operation Pre-order today. The post Startup Boards – Operation Pre-Order appeared first on Feld Thoughts. My newest book, Startup Boards: Getting the Most Out of Your Board of Directors , will ship at the end of the month. Between now and Sunday, if you pre-order a copy of Startup Boards on Amazon , you will be entered into a random drawing. If you need immediate gratification, the Kindle version of Startup Boards is already shipping.

Operating Manual (vs. recipe for success)

Eric Friedman

Thinking about these resources as an operating manual is similar to the manual for a car or a bike. Business Leadership Operating ManualI realized recently that while many are searching for the startup playbook to execute on or the recipe for success, the harsh reality is they don’t exist. While you can glean great steps to repeat that have worked, and avoid pitfalls that plagued others – there is no perfect model for building a successful company.

What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace.

E-commerce operations exempted from prohibition over Covid-19 outbreak

Our Own Start-up

Ministry of Consumer Affairs has exempted e-commerce companies, wholesale retailers and their delivery partners from prohibiting their functions amidst Coronavirus outbreak.

Silicon Valley – Religion, Operating System, or Something Else?

Feld Thoughts

Then I wrote a post titled The Board Operating System. A few folks tied together the concepts of Religion and Operating System as an operative metaphor for Silicon Valley. Operating System. The post Silicon Valley – Religion, Operating System, or Something Else? Entrepreneurship culture frame of mind operating system religion silicon valleyEarlier this week I wrote a post titled The Religion of Silicon Valley.

3 Business Apps To Improve Operations And Workflow

YFS Magazine

What if you could free up more time, get more done, and create more–in less time? Would that make life and business easier? Of course, it would. Back Office Grow back office managing workflow productivity project management time management

How An iPad POS Can Streamline Your Business Operations

YoungUpstarts

Previous incarnations were clumsy, difficult to operate, not very effective and limited in both functionality and features. Technology is everywhere. In virtually every industry, tech advances have changed the way we do business.

3 ways startups can slash operating costs

The Next Web

One of the more expensive aspects of running a business revolves around handling money. Yes, a budget is important. But, even more important, is how much it costs for an enterprise to move their money around.

Startup Communities – Operation Pre-order

Feld Thoughts

As a result, I’m activating Operation Pre-order today. My newest book, Startup Communities: Building an Entrepreneurial Ecosystem in Your City , will ship around the end of the month. Between now and Sunday, if you pre-order a copy of Startup Communities, you will be entered into a random drawing. I’m going to pick two random winners – one for hardcopy book orders from Amazon and one for hardcopy book orders from BarnesandNoble.com.

How You Can Streamline Your Business Operations

Women Entrepreneurs Can

So it’s worthwhile learning how to streamline your operations. One of the best things about running a business in this day and age, rather than at other points in the past, is that there are so many tools that can be utilized to improve the company’s operations.

How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

One area I’ve had much discussion with the companies in which I’ve invested in is bringing on board an operationally focused CFO. Having an amazing and operationally focused CFO has freed up the rest of the team to achieve even more while giving the board much more confidence in our strategic direction. We hired Steve Pease to run finance and then eventually all operations and it has transformed how we operate.

Should you outsource your financial operations?

Version One Ventures

The post Should you outsource your financial operations? This week everyone has been talking about Zirtual – the on-demand virtual assistant company that collapsed on Sunday night, suddenly laying off more than 400 employees (the company now is going to be acquired by Startups.co). Zirtual CEO Maren Kate Donovan blamed the collapse partly on an outsourced CFO firm and numbers that failed to account for two additional pay periods.

If CAC is the New Rent, How should You Operate Differently?

View from Seed

The post If CAC is the New Rent, How should You Operate Differently? Five to ten years ago, it was thought that digitally-native brands and e-commerce retailers had a distinct cost advantage because they didn’t have to pay for legacy physical infrastructure (e.g.

Introducing the Lightspeed SaaS Operating Model

Lightspeed Venture Partners

The post Introducing the Lightspeed SaaS Operating Model appeared first on Lightspeed Venture Partners

6 Ways For Startups To Reduce Operating Costs

YoungUpstarts

Here are a few ways for startups to reduce operating costs so they can function more efficiently, and make every dollar count: 1. The cost to physically operate a business can turn into a major financial burden for startups. by Morgan Sims.

Next Coast Ventures Hires a New Chief Operating Officer

SiliconHills

Next Coast Ventures, an Austin-based venture capital firm, announced this week that it has hired Jonathan Kaplan as its chief operating officer. “I’ve The post Next Coast Ventures Hires a New Chief Operating Officer appeared first on SiliconHills.

How to Improve Your Business Operations

Women Entrepreneurs Can

The post How to Improve Your Business Operations appeared first on WECAN. It’s not easy to run a business. You have to contend with annoying customers, staff who don’t know what they’re doing, you only have limited time to get things done, and so on.

A Guide to Crafting Your LLC Operating Agreement

Up and Running

An operating agreement is the document that sets the rules for your LLC. In this article, we’ll talk about how to create your own LLC operating agreement, what you should include, and where you’ll need to keep it when you’ve made one. Should I have an operating agreement for my LLC?

LLC 160

4 Operational Features Every Online Business Should Work To Improve Upon

YoungUpstarts

Regardless of the industry a company operates in, there are certain practices and processes that need to be optimised in order to facilitate ideal business outcomes. Others business advice business operations Internet business

16 Simple things you can remember to help operate a forklift safely

Our Own Start-up

We are going to review 16 simple things you can remember to help operate a forklift safely. Growth Strategies forklift forklift safety operate a forklift safely

4 Factors to Consider Before Moving Your Operations Abroad

The Startup Magazine

There are many reasons why moving your business operations – a part of it or the entire company – to another country. You can check whether the workforce is skilled and properly trained by doing surveys and checking existing operations of other companies directly.

Start Your Business: From Truck Driver to Owner-Operator

The Startup Magazine

There are few workers out there who don’t dream of a day when they could go into business for themselves, doing the same work they already love–but as an owner-operator. Business management is just one area of concern for owner-operator trucking companies.

3 Inefficient Operations To Clean Up In Preparation For A 2014 Boom

YoungUpstarts

Operations can very quickly get stretched or divided, and if a senior manager leaves, there’s no one left to fill the void. Thinking Aloud business operations business planning Tim Edwards by Tim Edwards , CEO of NSR. Many startups aren’t fully tested until they hit the growth stage.

3 Ways for Businesses to Improve Their Shipping Operations

Women Entrepreneurs Can

That’s why it’s so important that you find ways to improve your shipping operation and make it more efficient. Make these simple changes and your shipping operation will be far more efficient and reliable for your customers.

Matthew Brunstrum On Prioritizing Operations and Financials For a Successful Acquisition

The Startup Magazine

Matthew Brunstrum , a mergers and acquisitions advisor, explains why companies should prioritize their operations and financial considerations in order to make an acquisition succeed. The Importance of Operations. Operations are equally important to the success of an M&A deal.