The 3-Step Plan for Modern Business Operations

A woman working on a computer as part of a modern business operation

What makes an organization a modern business operation? What do you need to do to keep your company on top of the changing industry? Not only are modern businesses and their structures always in flux, but so are the industries in which they operate. In the fast-moving world of technology, product teams need to be empowered with contextual information and decision-making abilities to discover beneficial solutions. Keep reading to learn how a modern business should operate, from a strategic plan to learning from failure.

The 4 Strategies of Startup Management: Boost Your Business

An owner specializing in startup management proudly stands in front of her small business

What are the most important aspects of startup management? What type of management team does your startup need? While big businesses need to learn how to innovate, the entrepreneurial startup needs to learn how to manage itself. According to Peter F. Drucker, startups need to focus on four specific things: their market, financial planning, setting up a management team, and what role their founder should play in the business. Keep reading for helpful advice that every entrepreneur of a startup needs to hear.

How Sy Montgomery Gained a Passion for Animals

A Scottish terrior and an Australian emu staring at each other

What sparked Sy Montgomery’s passion for animals? What type of dog did she have growing up? Sy Montgomery explains that she was drawn to animals and nature since she was a child growing up as a general’s daughter on different US Army bases in the 1960s. Several key relationships with animals fostered her interest in the natural world, leading her to find her calling as a nature writer.  Below, we’ll look more closely at two connections she made: with her childhood dog and with wild emus on her first research expedition.

The Must-Have Qualities of a Modern Business Strategy

A businessman drawing up a modern business strategy on a whiteboard

Why is a strategy important for modern businesses? What are the qualities of a good business strategy? Just as a good coach begins with a game plan, the first step to setting a modern product team in motion is turning the company’s overall vision into an actionable strategy. Your strategy should focus on a handful of specific goals as you gather information from all levels of your company. Let’s look at the importance of a modern business strategy and how it will serve as the foundation of your company.

The Impact of Change on Business: From Markets to People

Arrows over a small business showing the impact of change on business

What’s the impact of change on businesses? How does public perception change an organization? Innovation can stem from changes outside your organization’s sphere of control. Given this, Peter F. Drucker writes that entrepreneurs ought to keep a keen eye on market shifts, demographic changes, and the evolution of public perception. Check out why keeping an eye on changes in the market, people, and perception is important for entrepreneurs.

How Pets Can Improve Your Social Life—One Pig’s Story

A group of people petting a pig, showing how animals can improve your social life

How did one pig build a community for Sy Montgomery? Do you know how pets can improve your social life? Not only can pets build a bond between animals and humans, but they can help form connections between humans and humans. Just look at Sy Montgomery’s pet pig, Christopher, who opened her up to new friends. Discover how a 750-pound pig gave Sy Montgomery long-lasting friendships.

How to Set Team Objectives: A Goal to Work Toward

A manager demonstrating how to set team objectives at a meeting with employees

Why is a business vision important? Do you know how to set team objectives? Business goals and visions are essential for steering your company, but they’re not effective at letting individuals and teams know what to do. Defining realistic yet challenging objectives is crucial when implementing a successful product strategy. Below, we’ll look at how to use business tools known as Objectives and Key Results (OKRs).

Innovation and Entrepreneurship Quotes From Peter F. Drucker

A man reading a book with innovation and entrepreneurship quotes in an office with a full bookshelf

What are the most insightful Innovation and Entrepreneurship quotes? How does Peter F. Drucker define an entrepreneur? In Innovation and Entrepreneurship, Peter F. Drucker debunks the popular stereotype that innovators and entrepreneurs are risk-taking geniuses who invent based on random insights. Instead, Drucker says innovation is a deliberate and methodical study to locate opportunities to improve every aspect of business and life. Below, we’ll look at a few Innovation and Entrepreneurship quotes that stand out as the best of the best.

Why Border Collies Are the Best Dogs: 2 Adorable Examples

Two border collies running through a field, showing why border collies are the best dogs

Why are border collies the best dogs? Why is it so hard to get a new pet after another passes away? In their many years at the farmhouse, Sy Montgomery and her husband Howard rescued several border collies. She looks back on the lessons about love that Montgomery learned from two of them: Tess and Sally.  Here’s how two of Montgomery’s border collies ended up changing her life.

What Is Product Leadership? (+ How to Be a Better Leader)

A technology team showing what product leadership is by working at a desk on laptops with graphs and charts behind them.

What is product leadership? Why should companies incorporate technology into their everyday operations? Marty Cagan and Chris Jones argue that all modern companies are in the technology business, no matter what kind of product they sell. No matter the company’s overall focus—whether it provides lawn care, smartphones, or investment advice—technology underpins all business operations.  If you want to learn more about product leadership and how to execute it, keep reading.