Yahoo! says all options open amid Alibaba reports

Yahoo! chief Jerry Yang left all options on the table for achieving better value for shareholders, amid reports Chinese company Alibaba has set aside $20 billion to buy the US digital giant.

Asked at a technology conference in Hong Kong whether an Alibaba takeover might be the best option for Yahoo!, Yang on Thursday said the board had ruled nothing in or out.
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Cutting The Red Tape

The red tape that usually ushers the job of selling has cause many salespeople to be annoyed and disappointed.  They detest dealing with reports and paper works required by overcautious management particularly in the situation of today’s tense economy.  Add to this reality that while purchasers generally have full authority to negotiate prices and selling terms, a sales representative’s authority to negotiate is relatively limited.  The salesperson can sadly say little more than, “I’ll get back to you”, then obligatorily fill out a call report. The consequence of these inclinations is that salespeople have been forced into the roles of field scouts and paper pushers.  The result, high turnover of supposed to be able salespeople.

Innovation is necessary to reverse the alarming inclinations by expanding the salespeople’s realm of responsibility.  Examples are:

  • Giving the salespeople full jurisdiction over call frequency.  For some companies, part of their goals is the making of certain number of calls to existing and prospective clients.  The salespeople are given a free hand to plan and schedule the calls as long as the goals and objectives are delivered on schedule;
  • Providing the means in handling product complaints and solutions;
  • Allocating certain percentage range for negotiating prices.

When the salespeople’s efforts are supported by the highest level technical and clerical support groups, sales will surely become healthy because the sales representatives are motivated to perform better and ultimately sell more.

The best remedy that can help salespeople to do their job in selling:  More support and less hand-holding from management.

Favorable Personal Impact on Others

The style an individual affect other people will eventually bounce back to either gain good reputation or result to a loss.  According to a behavior consultant, “the ability to personally view objectively through the eyes of other people is a very effective self-evaluation techniques”.

The following guidelines are dependable technique on how an individual can have favorable impact on others:

  • Be ready to listen attentively to people’s point of view or opinions.
  • Be available and ready to cooperate for any requested support and assistance either by superiors, peers and subordinates.
  • Be friendly, sociable and fond to be with instead of being a somber-faced loner.
  • Be clean, neat and well-dressed at all times.  Be appropriately dressed according to occasions.
  • Always remain calm and composed in any situations, more so when being provoked, instead of being quick to anger and easily get irritated.
  • Have an open-mind, be sincere and be honest in expressing desire in acquiring more knowledge instead of showing an impression of being a “know it all” person.
  • Exhibit positive attitude towards work by being hardworking and fully dedicated to assigned tasks and responsibilities.
  • Remain upright in all endeavors to gain respect and absolute confidence from others.
  • Be dynamic intermediary of change for every innovation and new ideas that are beneficial to the company as a whole.
  • With utmost ability, make a significant contribution to company’s major goals that will be recognized even by the top management.

How to cope with Change

An effective manager can easily cope and adapt with change in the workplace.  He maintains a communication program on how to prepare the subordinates in accepting new ideas and on how to respond to any change affecting their jobs.

An effective manager nourishes an open minded attitude and objectively evaluates departmental objectives and corporate profit goals.  The following guidelines can help both the executive and subordinates cope with change in the workplace.

  1. Have an open mind and be sensitive to suggestions given by the subordinates.
  2. Determine how the operation will benefit when some change is proposed.
  3. Refrain from personal prejudices for or against the person presenting the proposed change to affect in making decision.
  4. Be sensitive to the human factors involved in evaluating the value of a suggestion.
  5. Be aggressive in tracking down problems and roadblocks in the operation to be able to develop new strategies or techniques to help improve the situation.
  6. Make it a business to analyze a proposal in terms of its benefits and disadvantages when a change is suggested either by the “boss” or anyone else.
  7. Consider the long-range as well as the short-range effects when a suggestion is being evaluated.
  8. Consult the people who will be affected by an idea thought of before making an attempt to get the innovation accepted.
  9. Keep abreast or updated of the latest development in the business field to determine what kind of changes will be expected.
  10. Find time to evaluate and give feedback when a proposal is presented by a subordinate.

Financing your Home Business

If you’re interested in going into home business or have already done so, chances are very good that one of the things on your mind has to do with financing your home business. The internet is the key in most cases in that respect because starting a business on the internet can be done for a few dozen dollars as opposed to the thousands you usually need to get something similar done offline. At the same time however, financing your home business is not easy to do.

One of the ways in which you can finance your home business would be to look around at government websites and see which of those websites have grants that you can apply for. In most developed countries people have three levels of government they deal with on a regular basis and each level of government usually has some kind of support for small business start-ups. The federal government always has a very big investment in this area, as can be seen by Canada’s Small Business Financing Program.

Other countries have similar programs for small business, because entrepreneurship and innovation tend to go hand-in-hand. Don’t be afraid to apply for and utilize these programs, because that is exactly what they are there for.

[tags]small_business_financing, business_start_ups, most_developed_countries, financing_program, government_websites, levels_of_government, home_business, federal_government, grants, innovation, canada[/tags]