Open For Business
The Open Business Guide is a Creative Commons project supported by George Soros' Open Society Institute that aims to collect a wide range of case studies and business strategies. The organizers hope to "share, mix and facilitate the spread of innovative business ideas" in a wiki-like setting.
One example already populating the business strategy section is the idea of making the original cheaper than a copy. As this resource is used by more innovative leaders around the world, I'm sure it'll become quite the useful tool.
Attracting Key Staff
I'm glad to welcome one more blog to my "covered blogs" list: The Entrepreneurial Mind (yes, there are more than one blog with this title). Author of the blog is Jeff Cornwall who is Director of the Center for Entrepreneurship at Belmont University.
Here comes it's first good post covered by BizBlogs:
The Entrepreneurial Mind: Attracting Key Staff:
Growing companies find the need to add key managers, but often find it hard to offer competitive salaries. Does that mean they cannot compete? Not necessarily.
One of the ways that smaller companies can compete for staff is to make them convenient and flexible places to work by offering perks that employees want. StartupJournal has a good overview of the types of conveniences that many growing companies offer, including on-site laundries, haircuts or car services. Many of these the employer simply has to make them available, as the employees pay for the actual services provided, so the cost is minimal.
The Life Sciences in New York State: More on India
I just started to cover one more blog: The Life Sciences in New York State.
And here comes the first noteworthy post from there.
The Life Sciences in New York State: More on India: Having an MBA, this one really hit close to home. Quoting from Prestowitz, page 100:
Morgan Stanley long ago moved its back office operations to India to take advantage of the time difference and Indian salaries. Recently, however, it has moved about fifty of its analysts to India as well. Analysts are MBAs who do research and analysis of corporate financial statements, business plans, and execution in order to make investment recommendations on various stocks and bonds....guys who do it earn $80,000 a year and up in New York...Their American managers told me they (Morgan Stanley India) also work harder and make fewer errors while earning only $20,000 a year. [Emphasis added by me]
OnlineTrading knows how to sum it up: Google, video and podcasting (and eBay)
While reading Seth's Blog: Google, video and podcasting I ended up reading one of it's trackbacks: Trading Online: Is Google the next eBay? Interesting toughts about similarities between google and eBay hype at the stock-market. Quoting Online Trading: "Look at the eBay (EBAY) chart below, I think it's similar to Google story. eBay managed to rally more than 2 years from $13 to $59, but then crashed on earnings report and gapped down 16%, currently it's trading at $33, nearly 50% below all time high."