Analytical and Decision Making TechniquesUser Rating: / 1 PoorBest Outline of BusinessWritten by Rajesh Rastogi Thursday, 14 April 2011 00:06 Here are techniques for business analysis and decision making that should help you as you implement your e learning, Run through these techniques whenever you are making major decisions until they become second nature to you. Trade off. Every business decision is a trade off. (If there's no trade off, there's really no decision to be made.) List the pros and cons of the alternatives you are weighing. Try to be aware of what you're trading off when making a decision. Risk. Every decision is made with less than perfect information, and every decision entails taking a risk. The way to make sound decisions is to judge when you have enough information to move ahead and when the level of risk is acceptable. A decision maker who takes no risk receives no reward. A decision maker who disregards risk is a fool, a pauper, or both. Financial decisions trade off risk and reward. Make sure your upside reward outweighs your downside risk. Empathy. To understand your customers, walk a mile in their shoes. Here's how: Make up several representative customers (personas). Give them names, positions, preferences, gripes, habits, intelligence, and personalities. When you're planning marketing campaigns and learning activities, stop every now and again to slip into these personas' shoes. How does your proposal make them feel? Inputs and Outputs. The Pareto Principle, also known as the 80/20 rule, describes the common situation where 20 percent of the effort achieves 80 percent of the results. Its not uncommon for 20 percent of the sales force to make 80 percent of the sales, or for 20 percent of the customers to generate 80 percent of the profits. It's likely that 20 percent of your effort produces 80 percent of your results. The point is that input and output are not balanced. Marketers break the market into pieces, or segments, to identify and focus their attention on the significant few who produce most of the results. For designers of learning experiences, less is often more. Find the elusive 20 percent of the learner's time that yields 80 percent of what is learned and put your energies there. The Bottom Line. Revenue minus costs equals profit. Over time, profit and shareholder value are the same thing. The total value of the shares is equivalent to the stream of expected future profits, discounted for the cost of capital. You must be able to relate your decisions and choices to the profitability of your organization. Otherwise, you will not be able to make sound decisions as conditions change. A Core Focus. Shareholder value (also known as the market cap) is a function of sustained competitive advantage, and organizations achieve it by leveraging their core competencies. Focus on core; outsource everything else. Everything else is context (overhead), and context is a needless distraction. Without careful management, context always gets in the way of core because it absorbs time, talent, and management attention (Moore, 2000). Its best to leave your clown suit in the closet when you're selling an e learning concept to executives. Be concise. Hit the concepts described above as they apply to your project. When you've said your piece, ask for questions and sit down. A storehouse of knowledge about e learning management systems he has been working in close coordination with firm providing elearning solutions. Next >Last Updated on Thursday, 14 April 2011 16:39Who's OnlineWe have 241 guests and 2 members online Adamanelsraybanvexmqb Forgot login? RegisterLatest ArticlesMoncler Sito UfficialeSet Of Compact Disk Braking Mechanism CalipersImportant Facts You Need To Know About Tail LightMoncler DonnaBuy Plasti Dip Spray Online To Give A New Look To Your Vehicle. Men Nike Free Run 2 Anthracite Grey White Black Yellow ,Men Nike Free Run 2 Green White Turquoise Men Nike Free Run 3.0 V4 Gym Red Reflective Silver Pro Platinum Men Nike Free Run 2 Anthracite Black White Purple Quilted Women Nike Free Run 3 Hot Punch Pink Grey Men Nike Free Run 3.0 Chrome Yellow Reflect Silver Platinum White Men Nike Free Run 3.0 V4 Tiffany Blue Quilted Men Nike Free Run 3.0 V4 Gym Red Reflective Silver Pro Platinum Men Nike Free Run 4.0 Dark Grey Reflect Silver Total Orange Women Nike Free Run 3 Wolf Grey Green What are keywords? The best way to answer this question is with an example. Let's say that I am looking for a recipe for blueberry pie. I am going to go the place that most people go to look for just about everything, Google. So what am I going to type in to look for? Pie recipe? If I do that, Goole is going to give me over 6,000,000 results, and who knows when I will find a recipe for blueberry pie. What about if I type in "blueberry pie recipe". I go from over 6,000,000 results to 345,000. That is still a big number, but they results more geared toward what I am looking for. The words that I search for, such as "blueberry pie recipe", are the keywords that I am looking for. Now, you are not searching Google for something, but researching what other people are searching for. Now, I'm not telling you that "blueberry pie recipe", gives you 375,000 results. Now I'm telling you that there are 33,100 searches for "blueberry pie recipe" every month. I can also tell you that the strength of competition is very high for that keyword. This Is Powerful!Using keyword research to build your business. If your business has a website, your goal is to get as many people as you can to that site. How can researching keywords help you do that? The key is to make sure that people looking for what you have to offer are able to find your site. Put yourself in your potential customers shoes. If you were them, what would you type in hoping to find your product. This is where you start. Now, you research variations of the word/term, and similar terms that someone might search for while looking for your product or service. An example should help explain this. Let's say I am selling energy drinks. I would research the term, "energy drinks". That is a good place to start. I would research "energy supplements". Who else might be looking for energy? "Athletic training". I am going to research whatever keywords that I can think of, and the ones that are getting the most searches, and have the lowest strength of competition. Next >Last Updated on Tuesday, 26 October 2010 20:56Who's OnlineWe have 293 guests and 1 member online Adamanels Site StatisticMembers : 51015 Content : 87441 Web Links : 1423 Content View Hits : 15248965 Remember me Forgot login? 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Sell Cheap And Top Quality Men Nike Free Run 2 Anthracite Grey White Black Yellow,Men Nike Free Run 2 Green White Turquoise A heavy downpour has left thousands of Melbourne Cup racegoers drenched and caused chaos at Flemington. The rain came down hard shortly after race four this afternoon, sending punters running for cover under the main stand and causing a major crush. Thousands were left at a standstill around the racecourse's bars and fast food outlets with the city skyline invisible beneath the heavy cloud and rain. Inside the Birdcage, racegoers revelled in their opulent surroundings, oblivious to the weather not to mention equine action outside. Singer Enrique Iglesias caused a photographic feeding frenzy when he arrived at the Spanish themed Emirates marquee. After being rushed inside the marquee by a group of minders, the Spanish singer posed for photographs before being embraced by music guru Molly Meldrum. The casually dressed Iglesias, who shunned Cup Day attire in favour of jeans and a casual white shirt, then disappeared with his minders into the upstairs dining and bar area of the marquee. Lauren Phillips, roving reporter for Channel Nine and girlfriend of former Geelong star Gary Ablett, was one of those trying to get a comment from Iglesias. Phillips was holding an ACA badged micropohone but like most other reporters, failed to get a word out of the megastar. So popular was the Myer marquee, even Sigrid Thornton was told to wait at the bottom of the steps. Also waiting outside was Channel Ten comic Josh Thomas. He told The Age he was more famous than many people he could see inside, and couldn't understand why he was being made to wait. But it got more uncomfortable when Mel and Kochie emerged. ''I sent some tweets about getting it on with Mel so I hope she doesn't see me'' Thomas told The Age. Punters cop a drenching Earlier in the day, any hope organisers had of maintaining the grass lawn adjoining the track vanished. Just as the jockeys mounted their rides for race three, the rain began to fall. And with the starters on the track, the crowd raced for cover the fast food stalls, the shadows of the grandstand, under a bookie's umbrella, anywhere was better than out on the lawn. For Lauren, 18, Jessica, 19, and Anna, 19, who flew from Sydney for Cup Day, this was the Melbourne they feared. Sunny and dry one minute, raining hard the next. Hell for hair, they said. Huddled together on a brick wall, their spiked heels and tiny satin skirts were no match for the rain. "Maybe it will improve?" said Lauren hopefully, peeking out from under her umbrella as a bloke in an untucked shirt and loosened tie walked past, four beers in hand. The rain had made his shirt transparent. Todd Dickason, 38, arrived from Wellington, New Zealand, late last week for Derby Day. Dressed in sunflower print suits, wearing straw hats and sunglasses, Mr Dickason and his friends were on a boys' trip. Why the suits? "People talk to us this way," he said. "Otherwise we'd just be a group of middle aged blokes getting drunk and having a perv. We're still that, but at least people will have a chat with us. "We used to do four race days but we're too old now. We're only doing the two this year." Elsewhere in the crowd, Dimmy's ambassador Robert DiPierdomenico studied his form. Collingwood premiership player Scott Pendlebury fought his way through the crowds under the Hill Stand. Channel Seven personality Fifi Box stood in the shadow of Makybe Diva to press fashion forward racegoers for a few words on their outfits. everyone peering over shoulders for a glimpse of some passing headwear, the queue at the nearby Yellowglen marquee for a "free photograph with (Carlton player) Brock McLean was very short and mostly male. Even with the rain pelting down. History in the making As the call to the post sounded for the first race at Flemington this morning, Melbourne Cup punters were filing into the racecourse in their thousands, undeterred by the wet and windy horrors of Derby Day. Perhaps it's the history that will be made at Flemington if So You Think, Bart Cummings's freakish three year old, adds the Melbourne Cup to his two Cox Plates. Or it could be the sports lovers' sense of the momentous today will mark the 150th running of one of the world's great horse races. Men Nike Free Run 2 Anthracite Grey White Black Yellow PRETORIA, South Africa Oscar Pistorius vomited in the dock and retched repeatedly and loudly at his murder trial Monday as he heard graphic details of the injuries sustained by the girlfriend he shot, including a head wound that was probably instantly fatal according to the pathologist who performed her autopsy. Reeva Steenkamp was shot with bullets designed to expand on impact and cause maximum damage, Prof. Gert Saayman testified after he identified the type of bullet from fragments in Steenkamp's skull. Saayman's testimony was not broadcast or reported live on Twitter by journalists because of its explicit content under an order from Judge Thokozile Masipa. However, journalists were allowed to report the testimony without directly quoting the witness's words. The double amputee runner, hunched over on a bench, vomited when he heard the description of Steenkamp's wounds, prompting Masipa to briefly halt the testimony to ask chief defence lawyer Barry Roux to attend to his client. The judge also asked whether Pistorius was able to understand the proceedings. Roux said Pistorius' reaction was not going to change. A bucket was placed at his feet. After court adjourned for the day, Pistorius sat for a few minutes with his hands over his ears and his body heaving and bent forward as his brother held a hand on his back. Saayman stood for much of his testimony, referring to photographs that were not shown to the gallery as he described bullet wounds on Steenkamp's body, one to the right side of the head, one to the right arm and one to the right hip area. He also described exit wounds caused by the bullets and other abrasions and discoloration of the skin, consistent with the impact of a bullet fired through a wooden object such as a door. Saayman said that each of the three main gunshot wounds Steenkamp suffered could have been fatal in isolation. Steenkamp's right arm was also broken and she had multiple skull fractures, both because of the effect of bullets, Saayman said. There was another wound on one of Steenkamp's hands, Saayman said. Steenkamp, a model and personality on a television reality show, was wearing a pair of sports shorts with a Nike logo, a former sponsor of Pistorius, and a black undershirt when she was shot, he said. Saayman also gave his expert opinion on how long before she died Steenkamp last ate by the food contents in her stomach. He estimated that it wouldn't have been more than two hours before she died. Pistorius, the first amputee to run in the Olympics, is charged with premeditated murder for 29 year old Steenkamp's shooting death before dawn on Feb. 14, 2013. Pistorius, 27, says the killing was accidental because he thought his girlfriend was a dangerous intruder when he shot her through the door of a toilet cubicle in his home. Earlier, prosecutor Gerrie Nel, supported by chief defence lawyer Barry Roux, said Saayman's testimony would have an "explicitly graphic nature" and should not be shown around the world. Masipa then announced a ban on live audio and video broadcasting, and extended the order to live reporting on social media. "Twitter is not allowed. Blogging is not allowed," Masipa said. Proceedings can be partly televised and the audio can be broadcast in its entirety under a judge's pre trial order that sought to balance the right to a fair trial with the intense public interest in the Pistorius case and the principle of open justice. Under the order, witnesses can choose not to be shown on television. Earlier Monday, Masipa extended that order, saying "private witnesses are more vulnerable than public figures" and that still photographs of witnesses who requested privacy cannot be published or disseminated for the duration of the trial, even if they were obtained from sources outside the courtroom. Earlier Monday, a security guard who said he spoke with Pistorius soon after the shooting of Steenkamp was challenged by the defence about his recollection of the sequences of the events that night. The sequence is important for the defence because, if it can prove that Pistorius called security first, it could support the contention that he was seeking help as quickly as possible. The guard, Pieter Baba, had testified Friday that he called Pistorius and was told "everything is fine" on the telephone. Baba said Pistorius then called him back moments later, didn't speak, was crying and the second call then ended. Baba's statement that he called Pistorius first could back the prosecution's case that the killing was premeditated, and that Pistorius was trying, at least initially, to conceal what he had done.
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