Maybe the educational system should take a page or two from the business-management books.
Krishna Rajeev, a 26-year-old business-management graduate, bought two water jugs and some bread and cookies that he planned to share with Zeus, his 3-year-old Husky dog.
Then, establish a budget and a personal net-worth statement to demonstrate the business-like management of your life and to motivate taking control of your life.
FORBES: How to Teach Your Kids to Become Financially Independent
Subscribers to White's research reports--a separate business from his management operation--each month receive in the mail a fat book with hundreds of pages of nothing but numbers, including price and valuation data on more than 2, 500 stocks, along with his analysts' recommendations.
Kenny Yap was away at Ohio State University in the U.S. then, but returned in a few years with a formal knowledge of business and management--and a desire to make good on the sacrifice of so many fish.
My recommendations for how to find these opportunities are based on four observations, the first two about the cloud, one about the way that CIOs and CTOs must improve their management practices, and one about the misunderstood discipline of value-driven Business Process Management.
FORBES: How CIOs and CTOs should Improve their Businesses with the Private Cloud
Then there are countless business-school case studies, management theories and magazine cover-stories making company bosses into popular icons.
The second is Daiwa Bank, which is being asked by the regulators to spin off its profitable pension-fund management business, perhaps so that the weak commercial-banking rump can be used as a bridge bank, to tide over customers of defunct regional banks.
Open-source firms are flourishing in databases (Ingres, for instance), business intelligence (JasperSoft), customer-relationship management and other business applications (SugarCRM, Alfresco).
ECONOMIST: Open-source software in the recession: Born free | The
Morgan Stanley has been trying to expand its nontrading businesses, particularly its wealth-management business.
Inexperienced staff need more specialist support, perhaps from one of the companies in the burgeoning threat-management business.
This way of developing new products by trial and error makes the fund-management business unique among big industries.
The reason is that, in the fund-management business, revenues and costs easily get out of line when markets head down.
After graduation he began working with his brother writing code for enterprise software and built a business in supply-chain management software.
FORBES: Will Louis Tetu's Coveo Usher in a New Era of Search-based Innovation and Wealth Creation?
The dirty truth of the investment-management business is that luck plays a large role in determining results, possibly as much as skill.
The biggest question, though, has less to do with strategy and more to do with the peculiar dynamics of the investment-management business.
The first is administrative, by which new entrants to the health-management business would apply techniques that have boosted productivity in service industries.
ECONOMIST: California leads, but the rest of America is not far behind
If the fund-management business has an idea for a product, the new fund is out on the market before anyone has tested it.
Tuesday's announcement was also unnerving to investors because the cut wasn't driven by Inverness' health-management business, which has been a challenge for the company.
Even without the huge falls in asset prices, reckons David Hunt, a consultant at McKinsey, the fundamental economics of the asset-management business have deteriorated.
It will be more difficult for Chinese investment banks, which have a relatively short history, to compete in the asset-management business outside China, he said.
Private investment bank Julius Baer added 2.2% after confirming it is in talks with Bank of America about acquiring the Merrill Lynch international wealth-management business.
Lando, an executive vice president at BTG, a British company that, along with the large consulting companies and law firms, is a longtime player in the patent-management business.
Bank of America will, indirectly, be in the property-management business.
On September 29th Jamie Dimon reshuffled his generals, ousting Bill Winters, co-head of the group's giant investment bank, and replacing him with Jes Staley, formerly head of the asset-management business.
Comparisons with publicly traded real estate investment trusts are difficult because Hines uses its property-management business as a loss leader and makes virtually all its profits from appreciation in property values.
Comparisons with publicly traded real estate investment trusts are difficult because Hines uses its property-management business as a loss leader and takes virtually all its profits from appreciation in property values.
Citigroup and Legg Mason are said to be discussing a swap of the latter's broking operation for most of the former's asset-management business, because having the two compromises brokers' duty to their clients.
In the past few months, Fidelity Brokerage Services LLC, the retail brokerage business for the fund-management giant that has more than 14 million client accounts, said more money has been flowing into stocks and mutual funds.
The firm's move deeper into the asset-management business comes as more Japanese financial institutions seek to tap the huge amounts of household money sitting in low-interest savings accounts, but often lack the expertise in offering them attractive products.
应用推荐