Manufacturing has a lot to thank Mr. Henry Ford. The founder of iconic Ford Motors, a company that still stands today, envisioned a “horseless carriage” for every American family. While we admire his vision, it was his relentless pursuit and ability to innovate that put him to the top. The words “mass production” and “automation” …
Understanding Henry Ford and Manufacturing at Its Finest Read More »
Starting a business requires a combination of resources, skills, and guts. Above all, though, it typically calls for the founder to be hands-on. To some entrepreneurs, the businesses they launch are almost like their children. They guide them from concept onwards to successful, sustainable operations. Those ventures aren’t just a job or revenue stream but …
Transitioning Towards Less Involved Entrepreneurship Read More »
Since last year, many businesses and conglomerates have been focusing on their employees’ health and welfare. This wasn’t a surprise when the public health crisis caused by the COVID-19 pandemic had caused a lot of concern when it came to workplace hygiene and safety. If an employee got infected by a contagious disease, much of …
Preparing for Uncertain Times: Does Your Business Need a Clinic? Read More »
Business is constantly changing and evolving. It’s up to enterprises and companies across the world to pivot and adapt accordingly given the context, situation, and new demands of the consumers. As a result, we’ve seen the use of statistics and tools such as STEEP analysis and rigorous market research to conceptualize new business frameworks, roadmap …
Scanning The Sociocultural Context Of The Business Environment Read More »
At least 99.6 percent of the Philippines’ registered businesses belong to small and medium-sized enterprises (SMEs). They employ more than 70 percent of working Filipinos. However, despite their impressive presence, SMEs constitute only 35 percent of the country’s entire GDP. There are a variety of reasons why this is so. For instance, SMEs face challenges with their …
Along with its tragic impact on human life, the pandemic has caused considerable disruption to businesses. It exposed the underlying vulnerability of relying on ‘Just In Time’ (JIT) manufacturing models that had proved so advantageous in the past. Many businesses have resumed normal operations in the months since. However, the threat of the coronavirus lingers, …
Start Manufacturing Your Products with a ‘Just in Case’ Model of Contingencies Read More »
Landlords benefit from having a passive income while they go on with their lives. As long as the space is well-maintained, they shouldn’t have any problem with their properties. They can travel the world while receiving the rent through their bank accounts. They can hire a rental property manager to manage their rentals. They can …
Top Reminders When Creating an Iron-clad Leasing Agreement Read More »
