Best Business Books to Read in 2018

Posted on January 17, 2018 by bermanevansretail

As we further head into the new year, what are the best business books to read in 2018 ? With this in mind, we present links to many “best” business book lists. So, click a link below. And start reading a business book that interests you. 🙂 🙂 🙂 🙂

For comparison, take a look at Great Books to Read in 2017.

 

Best Business Books to Read in 2018

To access one or more of the “best’ links, click below. [Note: They appear in alphabetical order.]

 

Best Business Books of All Time

In addition to the lists recommending recent business books, there are lists citing the best business books of all time. Here are three such lists:

12 Best Business Books of All Time. From USA Today. This list is divided by category. Self-Improvement. Leadership and Management. Strategy. Marketing. Entrepreneurship. And General Business. Its number one for Marketing? Click the image for the full list of 12.

Best Business Books to Read in 2018

15 Best Business Books of All Time. From Business Insider. Its number one? Click the image for the full list of 15.

Best Business Books to Read in 2018

42 Best Business Books of All Time. From Book Authority. Based on Recommendations by Jeff Bezos, Warren Buffett, Eric Schmidt, Steve Jobs and 57 other experts. Its number one? Click the image for the full list of 42.

Best Business Books to Read in 2018

Posted in Career Useful Information, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 8: Putting It All Together | Tagged , , , , , , , | Leave a comment

Free Online Salary Surveys

Posted on January 16, 2018 by bermanevansretail

As we have noted before realistic salary data are available. With our post  Looking for Retailing Salary Information?, we can review data for jobs in retailing. Now, we look at free online salary surveys from PayScale.

Free Online Salary Surveys

So, how about getting salary information tailored to us? If you answer yes, read on for free online salary surveys.

At PayScale’s salary survey Web site, there are three survey options:

  • Survey option 1, Current Job. “Let’s start building your report with the basics. Such as your job title, location, and experience. As of now, PayScale has collected salary and career data from 54+ million people, covering 16,000 unique job titles.”
  • Survey option 2, Job Offer. “Congratulations! You’ve been offered a job. Now, we’ll help you compare the offer to what you’re actually worth in the job market.”
  • Survey option 3, Just Exploring. This option emulates the “Current Job” survey.

Click the image to visit the salary survey site. Then, choose your survey option. And answer the questions. Then, see the results. You can take all of the surveys multiple times. How? Just modify your inputs.

Free Online Salary Surveys from PayScale
 

PayScale Salary Data for Employers

In addition to providing salary information, PayScale works with employers:

“Compensation, communication, and company culture are linked. With our cloud compensation management software, employers have their finger on the pulse of their talent markets. And that transforms the once dark art of compensation into a data-driven science.”

“Are you are a people manager at a small business or a compensation professional at a Fortune 500 firm, employee compensation strategy is part of your firm’s bottom line and success. Give us a few details and we’ll serve up solutions and content relevant to your comp situation.”

Here is an employer example involving minimum wages.

 
Finally, PayScale offers an Insight Lab for employers, as the chart shows.

Free Online Salary Surveys for Employers
 

Posted in Career Useful Information, Careers in Retailing, Part 5: Managing a Retail Business | Tagged , , , , | Leave a comment

Recognize Declining Retailers: Three Stages

Posted on January 15, 2018 by bermanevansretail

As we read regularly, many retailers are having tough times. Today, we study how to recognize declining retailers: three stages of decline.

Previously, we discussed other types of failure. For example, see Reasons Why Many Startups Fail and Why Don’t Some Store-Based Retailers Get It?

According to Retail Dive, these retailers filed for bankruptcy projection in 2017. Many of the firms continue in a weakened state. But others have gone out of business:

Aerosoles
Alfred Angelo
BCBG Max Azria
Charming Charlie
Eastern Outfitters
Gander Mountain
Gordmans stores
Gymboree
Hhgregg
Papaya Clothing
Payless
Perfumania
RadioShack
Rue21
Styles For Less
The Limited
Toys R Us
True Religion
Vanity
Vitamin World
Wet Seal

Now, click the image for a description of each firm’s status.

Recognize Declining Retailers: Three Stages

And view CNN’s video on U.S. malls and shrinking retailers.

     

    Recognize Declining Retailers: Three Stages

    Though not always considered as such, data analytics must start with knowledge of what to monitor. In the case of declining retailers, it is essential to be aware of their stage of decline.

    With the preceding in mind, let’s look at the framework devised by Outcalt & Johnson: Retail Strategists. That firm operates Retail Turnaround Experts. And it founded the Retail Owners Institute.

    According to Outcalt and Johnson, eight “vital signs” indicate a retailer’s stage of decline. As shown in their chart, these vital signs can be placed into three stages:

    In stage one, retailers have entered decline. This is the best time to modify strategies and tactics. Why? Because it is easier to turn performance around. By the time retailers move to stage three, it may be too late to fix things. Why? Because the vital signs are so off, it may not be possible to successfully modify them.

    Recognize Declining Retailers: Three Stages
     

    Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 8: Putting It All Together | Tagged , , , , | 2 Comments