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Communication Helps Build Trust Among Virtual Teams

Thu, 24 May 2012 17:58:00 GMT

Managers face fresh challenges as more employees work virtually from home. It's a lot easier for employees to trust each other when they sit side by side and interact all day. Still, trust doesn't need to vanish when they work remotely. Overcome obstacles. It's more important to work to build trust among virtual employees because it's natural for those employees to feel removed. In fact, it takes four times longer to build trust within virtual

Sadao Munemori's Medal Of Honor Fight To The Finish

Thu, 24 May 2012 17:58:00 GMT

Every day thousands of motorists on a Los Angeles freeway pass a sign that reads: "Sadao Munemori Memorial Interchange, WWII Medal of Honor Winner." Some drivers no doubt wonder: "Who the heck was Sadao Munemori, and why did he get the Medal of Honor?" Spud, as Munemori was called by fellow GIs, was with the Army's 100th Battalion/442nd Regimental Combat Team. He was awarded the nation's highest military decoration for his actions: taking command

Talk Like You Mean Business

Wed, 23 May 2012 17:17:00 GMT

To come across as a winner, analyze your speaking habits. They can pull you under or launch your career. Starters: Stay on point. Rambling adds static to a good connection. "Know your key message points and deliver them concisely," SixFigureStart career coach Caroline Ceniza-Levine told IBD. When in doubt, the former recruiter says, speak less. "Make your point efficiently and effectively." Button down. "You don't want to be stiff, but in

Adm. Chester Nimitz Lifted America To A WWII Crest

Wed, 23 May 2012 17:17:00 GMT

Chester Nimitz long believed he could succeed at most anything. At age 14, he did chores in his aunt's hotel in rural Texas. One day a group of guests was about to head out for several days of camping and fishing. When the hotel chef reneged on his offer of accompanying the men as their cook, Chester volunteered. The skeptical fishermen demanded to know what he could cook. Chester calmly replied: anything they could catch. "He was always

Albert Pope Ruled The Early Bike And Car

Tue, 22 May 2012 17:52:00 GMT

Albert Pope rode a shaky path in the 1870s while introducing Americans to bicycles. The early versions were tough to ride except on smooth streets. And outside big cities, 90% of roads were dirt. Pope simply kept pedaling. He mounted a national campaign for decades that paved the way for not only bikes, also but cars, revolutionizing U.S. transportation. Pope (1843-1909) grew up in Boston. His father was a land speculator whose ups and downs were

Thrill Customers In The Cloud To Raise Profit

Tue, 22 May 2012 17:52:00 GMT

Want to innovate tomorrow? Put your head in the cloud today. What is it? Cloud computing is the online storage of information within a network of data centers. A decade ago, businesses had to buy and maintain a block of their own in-house servers. The process was expensive and tough to plan. Now firms can get as much or as little computer storage as they need from Internet companies such as Amazon (AMZN) that have built banks of servers to rent

Getting Your Ducks In A Row For Angel Investor Money

Mon, 21 May 2012 17:10:00 GMT

For startups or companies looking to expand, the expression about capital being the lifeblood of business takes on a special meaning. When traditional sources of funding, like bank loans, aren't applicable, raising funds gets challenging. Tips from experts on the fundamentals of doing so with angel and other investors: Bootstrap it. Just get started. Dileep Rao, author of "Finance Any Business Intelligently," quotes investor John Shannon Jr.:

Horace Mann Lifted America Through Education

Mon, 21 May 2012 17:10:00 GMT

Horace Mann believed that the responsibilities of American citizenship were based on the twin pillars of morality and knowledge. He acted on those beliefs all his adult life, fighting battles to convince others to adopt those values. Mann (1796-1859) crusaded to convince legislators, clergy and taxpayers that America could reach the potential seen by the Founding Fathers only if it gave its youth the springboard of education. After his death, he

TripAdvisor Grows While Countering Problems

Fri, 18 May 2012 19:48:00 GMT

Why does a vacation-goer turn to TripAdvisor and not Web travel agencies like Travelocity, or Priceline? Answer: to get information on trips rather than just book them. TripAdvisor (TRIP), which went public in a December 2011 spinoff from Expedia (EXPE), offers consumers reviews of resorts, restaurants and the destinations they're visiting. Many travelers use the Internet to research vacations, decide which hotels to book, and where to eat. That's

To Trounce Big Rivals, Mellanox CEO Pounces On Ideas

Fri, 18 May 2012 19:40:00 GMT

Many companies urge employees to submit ideas to their supervisor. Then the manager might kick the idea up the ladder for senior executives to review. At Mellanox Technologies (MLNX), workers at all levels can email their suggestions directly to the chief executive. It speeds decision-making and enables the semiconductor firm to pounce on promising ideas. Just recently, for example, a chip engineer emailed Eyal Waldman to propose a new product.

Ezra Cornell's Drive Paved The Way For Western Union

Fri, 18 May 2012 17:59:00 GMT

Ezra Cornell struggled for years. In his 20s, he got by as a carpenter and mechanic before opening a general store that failed. In his 30s, he traveled across two states -- mostly on foot -- trying unsuccessfully to sell a plow patent. In 1844, he played a major part in constructing America's first telegraph line, only to see Samuel Morse -- inventor of the communications breakthrough -- force him out of the young company. Yet Cornell (1807-74) never

Dig Into Clients' Minds To Enrich Corporate Strategies

Fri, 18 May 2012 17:59:00 GMT

It's not just what you know. It's also what you can find out. How top firms dig a little deeper for useful information: Start with basics. What makes buyers plunk down hard-earned cash for your product? Seems like a no-brainer. But it's the million-dollar question, according to "Relevant Selling" author Jaynie Smith. "What surprises me is how few companies get this. Even Fortune 500 companies," she told IBD. "You have to be able to clearly

Benito Juarez Rode To Mexico's Rescue

Thu, 17 May 2012 17:42:00 GMT

In 1858 the Mexican army, backed by the country's elites, overthrew the republican government. The republicans, led by Benito Juarez, were riddled until they had just 350 men and two cannons. But Juarez didn't give up. He knew he was in the right -- and that right made might. Three years later Juarez proved correct, returning to Mexico City in triumph. "Juarez was a true revolutionary hero decades before the Mexican Revolution of the early 20th

Savvy Products And Solutions Trend With Fickle Buyers

Thu, 17 May 2012 17:42:00 GMT

What's trending? How fast consumers' tastes and habits change. Tips to capture and keep their interest: Offer personal appeal. That's what jewelry accessory firm Chamilia encourages shoppers to do with its colorful mix-and-match high-end beads and crystals. Women in the Chamilia niche create jewelry that's uniquely theirs. "That's powerful," said co-founder Michael Flaherty. "More and more, fashion accessories are moving toward empowering women