Peeyush's Blog World

Steps of Good Business Plan 1. VISION STATEMENT :   First look at the problem. The problem for which this plan is for? What problem are you solving? What is your broad vision?  2. KEY PEOPLE : who are the key people in founding team? who are they & their past experience & expertise? 3. MARKET SIZE : Size of the market you would like to address, LARGE/SMALL/MEDIUM etc.!!!!! Growth rate of  your MARKET, how fast it is growing or will grow in future?  how much market share can your product can or hope to acquire? 4. OFFER : what is the product or service that you are offering ? how does it solve the problem of your target? whats the USP of your product or services? Describe the technology in short. 5. COMPETITION : Whose your current competitors or will be your future competitors? how your different from them? What could be the entry barrier for you; later on for your competitors? 6.  BUSINESS MODEL :    What is your...

Myth : People will leave once they acquire new skills. Truth: Good people will leave anyway, in all probability.They will get a promotion or a chance at more responsibility. If you train and develop employees, they are more likely to stay within your company. It’s better to lose a great employee to another position in your own company than to another company. - Grooming people from within for that next position allows you to hire talented people from within—and their learning curve is shorter! Myth : There is no payback from long-term development. Truth: : On the contrary, you will bring money to the bottom line with development. Top performers list working for a company that develops its people ahead of many perks—including company cars! This results in savings in recruiting, orientation, and training. Turnover costs money, and development reduces turnover. - Skills and experiences developed will probably be needed in a future job; nothing is ever wasted. - You ...

Adapted From the Book "Training For Dummies" Communication surely plays an effective role during training sessions where one doesn't just wants to be heard but to involve the participants in this activity which can be successful only if the training sessions are a combination of lecture+humor+persuasive participation+reflecting of effective ideas to the audience. The audience might comprise of listeners, hearers, attitudinal souls and path breakers and to pave your message to this mixed audience is never an easy task. Thomas Edison once said that he had never worked a day in his life. It was all fun! Wouldn't it be great if you could always say that? Adding humor to your training is one way in which you can add fun to your participants' days. Start off on a funny foot Establish the atmosphere right from the start. Every session should start off on a high note to set the stage for the rest of the session. Be positive. You want to send the message that this will be...