Business

WIFM – What’s in it For Me?

“WIFM” stands for “What’s In It For Me?” It is a common acronym used to remind individuals to consider the perspective of their audience or customers. When creating a product, service, or communication, it’s crucial […]

Business

The Three Phases of a Business

The lifecycle of a business is a dynamic journey punctuated by distinct phases, and three fundamental business states are Growth Mode, Status Quo, and Trouble Mode.  Growth Mode represents a phase of rapid expansion and development […]

Business

Focusing on the Vital Few

“Focus on the vital few” is a principle often used in business and personal productivity that originates from the Pareto Principle, also known as the 80/20 rule. The principle states that 80% of outcomes come […]

Business

Focusing on the Vital Few

“Focusing on the vital few” is a concept that encourages individuals or organizations to prioritize and concentrate their efforts on the most important tasks or goals. It is also known as the Pareto principle or […]

Business

ChatGPT – what’s the buzz?

Chat GPT is a chatbot launched by OpenAI in Nov. 2022. It uses adaptive human-like text to answer questions, write stories, & engage in dialog. GPT stands for Generative Pre-trained transformer. There is no doubt […]