Archive for February, 2012

Charles Phillips is known in the tech community as one of the best managers in the field, did not come into the media spotlight until he took the role of co-president of Oracle, the largest of the business software applications companies. Oracle, though always a large company did not enjoy the prestige or the revenue it now has before Phillips came on board. In the eight years prior to the hiring of Phillips, Oracle had only made a few acquisitions—and none of these major.

But during the seven years that Charles Phillips worked, the company made several large multi-million deals that led to the 300 percent revenue increase Oracle now enjoys. Some of these product acquisitions included large companies like PeopleSoft, BEA, and i-flex, among others.  The merger of these products with the Oracle existing one led to the filling out of Oracle’s available products for their customers.

Some analysts say that it is these acquisitions that finally allowed Oracle to purchase Sun Microsystem just shortly after Phillips left. Upon hearing of Phillips release from his commitment to Oracle, Infor, the third largest applications software company in the world quickly recruited Charles Phillips as the new CEO for the company. Jim Schaper had been looking for a replacement for some time and upon hearing of Charles Phillips availability, immediately thought he would be the perfect replacement. Three other team members of the Oracle management team were also recruited at the time, and now this team of four makes an excellent management foursome that is bringing Infor to the top of its game.

In the year that Phillips has been on-board,Infor has already experienced a 10 percent revenue increase. Within a few months of his joining the new team, they had acquired Lawson Software and then immediately hired-on 100 new software engineers to better develop the Infor products.  When the new generation software rolled out during 2011, many of the continuing issues, especially those that refer to the input of redundant information. The expectations for Charles Phillips are high, but neither he nor Infor see a problem in accomplishing these. “Our goal is to make mid-sized acquisitions that complement the currently stable Infor product,” says Phillips.

Is now the right time to go public? Well, Infor does not make mention of it, but analysts do say that there is no time like the present, especially now that the company is in the competent hands of Charles Phillips.

 

 

Information before starting a business planAlthough a business born of an idea, an entrepreneurial attitude and a degree of investment, it is important to consider elements that give a long-term business planning and its tools or partnerships we have.

I refer to a post by Nellie Akalp very true for our dear SMEs, in which the author suggests 6 different tips every entrepreneur should consider:

1.No underestimate the business plan

For smaller and simpler to do a project, do a business plan is a productive exercise, both to put our ideas in black and white to share our vision with potential customers, employees and partners. The advantage of this habit is that it forces us to place business and financial information in one document.

2.No Atores you in the past

Many entrepreneurs have previously failed and become extremely cautious in new business. While learning to be applied, it is important to distance themselves from the ghosts of the past or paradigms that may affect the audacity that some businesses need.

3.No hire friends

While our culture encourages, examples abound of friends that are lost or excessive trust arising from a dual relationship.

4.No not move without a plan

It need not be a robust document, can be a simple sheet of paper, but the exercise of preparing a plan helps conceptualize the reason for an activity and its possible consequences.

5.No fall into the trap of discounts

New businesses usually start sometimes with low bargaining power with their clients, and a way to grow may occur from the granting. Read the rest of this entry »

Planning your web presenceOnce you have decided to start a new business, there are many important aspects to consider, ranging from business plans, strategic development and financing, through sales and marketing, resource management, production, delivery and so on.

At some point in the process of planning and business development, want to think seriously about establishing a professional online presence for your business. In the modern global economy of today, have an online presence is essential for any business, no matter how small or local business expected to be.

In this article, I outline a realistic strategy that can be used to set up, growth and establish an online presence for your company from the outset, fully meets the following criteria: – your web presence will be cheap – their presence in the web will be easier to manage their presence on the web will help you grow your business fast – your web presence will give measurable results – your web presence will be flexible enough to meet all your needs to your business is growing all the above criteria can easily be met if they are willing to consider a smarter, better, cheaper, easier and faster option to configure a Web site ordinary course of business. This alternative method is called a blog.

A blog is similar to a website, but offers employers – especially small business owners – many additional benefits and advantages not only provide normal websites. To understand these differences, see the video below or go here: Video Tutorials blog business now let’s look deeper understanding of how a business blog meets all the criteria as noted: an inexpensive web presence many people argue that you do not can get cheaper than “free.” When you have a web presence “free” for your business, however, there are many pitfalls to be avoided, such accommodation “free” or establish their web presence of a domain name belonging to another person. In this case, “free” might prove to be costly in the long run, especially when you need timely and adequate support for your web host, or if you decide to do some customizations or change the settings of your site. Read the rest of this entry »

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