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What Companies Can Learn from the Southwest Airlines Crisis

Success

Southwest’s weaknesses were its antiquated software that couldn’t handle the extreme weather event, and its point-to-point operations model. The Black Swan theory and tradeoffs between efficiency and resiliency The Southwest situation can be classified as a Black Swan event. Most other airlines employ a hub-and-spoke model.

Learning 227
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Face the Spreadsheets: Lisa Gilmore on Learning to Love the Financial Side of Her Creative Business

Success

When all the things that usually kept her busy—meetings, networking events, spin classes—were shut down, Lisa struggled to even know what to do. For example, there are separate accounts for taxes, operating expenses and cost of goods. She still enjoys digging into work on a Sunday. It’s how she got where she is today.

Learning 280
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The Return To Office Trade-Off

Allwork

Employees and employers are weighing the costs of commuting against the benefits of in-person work, with many finding that the expenses and time associated with commuting need to be balanced by other compensations. Beyond the one-to-one comparison to the financial cost of commuting, food brings people together.

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Do I Need to Buy Life Insurance?

Success

Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. People purchase life insurance to help their families replace lost income and cover final expenses after death. Whole life insurance tends to cost more than other policies.

Policies 209
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How to Reduce Financial Risk in Home Business Ventures

Tips From T. Marie

Penny-Pinch Like a Pro Let’s talk about one of the biggest worries on every budding entrepreneur’s mind: startup costs. Utilize the resources you already own and watch those costs dwindle. Opt for cost-effective marketing strategies like social media, content creation, and networking. Got a laptop? A smartphone?

Sprint 195
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Selling to Big Companies: 8 Sales Tips to Land Your White Whale

Success

They protect their time at all costs. Nor do they want to learn about your offering unless they know, from the outset, that you bring value. For example, decision-makers want to hear you can: Speed up time to revenue on new product launches Increase sales to new market segments Reduce supply chain costs. Focus on trigger events.

Suppliers 279
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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

Get educated now on the new rules of employee expense reimbursements! Employee Expense Reimbursements: Compliance Workshop. The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. Should you run expense reimbursements through payroll or accounts payable? View this online.

Expenses 100