This Week in Business Strategies
July 8,2019—To better assist shop owners with their production management, marketing tactics, and leadership styles, Ratchet+Wrench has compiled a short list of essential business-building material from some of its favorite sources.
The Problems with 5-Star Rating Systems, and How to Fix Them — Harvard Business Review
Online marketplaces for goods and services are increasingly valuable and powerful. Yet many of them remain surprisingly unsophisticated when it comes to their reputation systems, which typically take the form of five-star ratings.
Ever wondered how high performers maintain momentum throughout the year? Here’s how these business leaders and Advisors in The Oracles keep themselves and their teams motivated, including having an open door policy, measuring short- and long-term goals, and setting realistic targets.
How to Build a Strong Online Reputation — Business Matters
The days of finding your clients through a bricks and mortar shop front seem to be slipping away. The duel development of the internet and our ability to easily browse it anytime has revolutionised the ability for retailers to promote their services to clients anywhere they can deliver to who are actively searching for or have an interest in your products.
The “power of positive thinking” is a popular concept, and sometimes it can feel a little cliché. But the physical and mental benefits of positive thinking have been demonstrated by multiple scientific studies. A positive mindset can give you more confidence, improve your mood, and even reduce the likelihood of developing conditions such as hypertension, depression and other stress-related disorders.