Risk Identification: How Business Owners Can Build Operational Resilience

YFS Magazine

Grow Operations business operations recommended risk management risk management softwareThe practice of risk management is an essential part of running a long-term successful business.

3 Tips For Starting A Career As A Tour Operator

YoungUpstarts

If you’re dreaming about starting a new career as a tour operator, here are some tips to help you get going. The post 3 Tips For Starting A Career As A Tour Operator appeared first on Young Upstarts. Others career advice tour operator tourism industry

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Six Ways Marketing Operations Can Influence A Bigger Impact

YoungUpstarts

Too often marketing operations is viewed as a button-pushing department. Dr. Debbie Qaqish shares six ways leaders can influence a bigger impact and give a better perception of marketing operations.

Talking about Scaled Operations

David Cohen

The post Talking about Scaled Operations appeared first on Hi, I'm David G. Here’s an interview I did with my friend Mark Peter Davis of Interplay Ventures. Mark was around when we first brought Techstars to NYC in 2011, and played a key role in helping us get off the ground there.

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.

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 Become an Operations Manager

The Startup Magazine

An operations manager is one of the most important roles in any business regardless of what field it is in. US News states that the average salary of an operations manager is over $100,000 with an unemployment rate of just 1.8%.

How to Reduce Business Operating Costs

Women Entrepreneurs Can

To effectively minimize your operational expenses and not impact your customer service, you’ll need to develop a budget based on your typical monthly income (taking seasonal changes into consideration), the demands of your company model, and your consumers’ expectations.

Are Logistics Risks Just Operational Risks?

Women Entrepreneurs Can

But some say that if logistics is a daily part of your business processes, then you should consider them an operational risk. For those that don’t know, operations are your everyday activities that support processes. Logistical Risks vs Operational Risks. Operational Risks.

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. Here is who will be joining the NextView Operator Guilds (for full bios, click the link in their name): Product Guild. The post Announcing NextView Operator Guilds appeared first on NextView Ventures.

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. Cloud Computing, SaaS Enterprise Software (IBM, Microsoft, Oracle, SAP

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. “Brad, I expected your choice of metaphor would be ‘operating system’ more than ‘religion’, as the term ‘religion’ carries a lot of baggage and generally involves some supernatural truth claims. Entrepreneurship board change operating system

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. Even though you need to work hard to keep your business operations going, you should be willing to step away and take some time off from the job. Your business can be more successful and stay operating longer if you’re willing to make the right chances. Others business advice business operations

How Does an Office Move Affect Operations?

Women Entrepreneurs Can

First, understand why you need to move, whether it is to downsize the office or move into a more affordable space or a larger office as your operations expand. The post How Does an Office Move Affect Operations?

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. Operations managers are responsible for the overall productivity, efficiency and revenue of chains of companies, and they need to always be on the move and improving if they are to retain their competitive edge. Move your core operations to the cloud.

Career or Side Hustle Opportunity: Online Sportsbook Operator

The Startup Magazine

Some sportsbook operators add casino platforms and a racebook platform. Online platforms have legitimatized becoming a sportsbook operator. A sportsbook operator wants someone who will find the answer if they don’t know it. Starting your own business is challenging.

4 Ways small companies can affordably simplify accounting operations

Our Own Start-up

For better or worse, though, accounting operations are a crucial aspect of running a successful business. To help make it a little easier on yourself, it's important to simplify these operations as much as you can.

Wedding Business Operations: What to Outsource

Women Entrepreneurs Can

Taking note of the employment opportunities, it is rather convenient for a wedding business to outsource its operations. But, should a wedding business outsource all of its operational tasks? The post Wedding Business Operations: What to Outsource appeared first on WECAN

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.

A Startup Guide To Streamlining Your Operation

The Startup Magazine

Streamlining operations helps reduce stress while also allowing you to build a business that will have everything that it needs to succeed. There are all kinds of tools, tech, and software which can streamline tasks in the business operations. This post should help to reduce stress and streamline tasks in the operations early on so that you can get up and running and have the foundation required to go on and succeed.

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.

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.

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. I know it’s much sexier to race around talking about buying up companies than it is tweaking your business operations to accelerate revenue, reduce churn and grow faster.

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.

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. With the increasing need to transport goods on a larger scale than ever before, transport and logistics companies require a management system that’s capable of handling such complex business operations. A growing number of business owners and fleet managers are transitioning to GPS-based vehicle tracking systems to help overcome their operational challenges.

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.

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.

Understanding The Three Factors of Franchise Success: Circumstances, Operations, And Humanity

YoungUpstarts

I realized I could separate all important factors into three different categories: Circumstances, Operations and Humanity. They’re the landscape where we operate. Operations are the systems, policies and procedures for running a business. Operations are all the things that keep you busy. If you own a franchise, operations are what you pay your franchisor to teach you. Whatever the cause, how can you prepare for that—operationally, financially, and beyond?

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.

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.

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. According to an article published by Forbes, metrics that play a critical role in any startup management includes revenue run rate, average revenue per user, customer acquisition rate, churn rate, and operation efficiency.

3 Technology Trends Streamlining Operations for Healthcare Startups

Up and Running

We will be looking at a few ways technology is helping healthcare startups streamline their operations and improve overall care quality. The healthcare space is adapting at a rapid pace and the startup ecosystem is one of the major reasons why this is happening so quickly. .

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 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

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. I always push companies to hire “an operationally focused CFO” during this phase because in order to systematize you need somebody who brings economic rigor to decision making.

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 a mistake has been made in the payroll, the employees in a company will be angered, and the government in question might suspend your operations, leading to huge losses. When you have decided to operate in the international scale, it means that you have increased your employees in multiple countries and continents.

Empower Operational Employees to Innovate

Gregg Fraley

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. It’s almost as if creativity from operational employees is actively discouraged. And management of operations is all about control.

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.

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. After all, just because you know how to generate revenue, doesn’t mean you know how to generate a profit. Expenses add up and can easily get out of control.

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. Another important application of AI for IT operations is security. Customer service, sales, and security are three of the growing range of areas where AI is helping start-up companies improve their operational performance.

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.

Introducing the Lightspeed SaaS Operating Model

Lightspeed Venture Partners

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

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.