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Is it Time to Revisit, Invest In IT?

August 9, 2016 By Jessica Johns Pool

reinvest-in-IT-airline-technology-failures

It’s been a dark year for U.S. airline travelers, with Delta Air Lines, Southwest Airlines, American Airlines and United Continental all experiencing significant business disruptions due to computer system failures.

In each case, a technology failure led to thousands of flight delays and trip cancellations, costing these companies millions in extra costs, drops in share prices and brand damage.

Could your business be poised for a similar disaster? [Read more…]

Filed Under: Operations Tagged With: IT, technology

Business Owner Tech Tips for Productivity

January 6, 2016 By Jessica Johns Pool

productivity-tech-tips

Technology can offer the middle-market company some distinct competitive advantages. Particularly if growth has stalled or profits are down, technology can help business owners see how systems are really working, or not. After all, processes and procedures that worked when you were a $10 million company probably need to change as you grow into a $50 million or $250 million outfit.

By drilling down to the facts, executives can lead process improvement, eliminate waste or capture efficiency. Thoughtful re-engineering through technology can help your teams do more with less or work smarter. So how do you do that? [Read more…]

Filed Under: Operations Tagged With: productivity, technology

Password Policies – Cyber Protection You Can Implement Today

August 3, 2011 By Derick Schaefer

In recent months, the media has been bombarding us with stories related to hackers and cyber security. With large corporations like Sony having been the victims of hacker attacks, and MasterCard having been shut down by denial of service attacks, it can leave the small- to medium-size business owner feeling a little overwhelmed.

Still, one basic security measure many overlook is a simple focus on their individual and company password policies.

[Read more…]

Filed Under: Operations Tagged With: business, cyber attacks, employees, National Public Radio, technology

PBO Link Roundup for August 2nd, 2011

August 2, 2011 By Jerod Morris

We kick off today’s PBO link roundup with — shockingly — positive news from the mainstream media! The Wall Street Journal outlines why now is a great time to seek funding for your business due to a special tax break that closes at year’s end.

Also included in the roundup: important tips for business owners’ whose employees work outside; the inside story of Martha Stewart’s deleterious return to her company; why social media isn’t doing what we all thought it would; and, how the Chinese continue to hijack not just the products of others, but even entire stores.

[Read more…]

Filed Under: Link Roundup Tagged With: business, revenue, small, technology

5 Ways to Cut Technology Costs

April 28, 2011 By Derick Schaefer

As businesses deal with the ups and downs of a struggling economy they are constantly faced with the challenge of cutting costs.

Traditionally, information technology has created a significant set of line items in the operating budgets of small and medium sized businesses.  These technologies range from printing and copying machines to business-critical applications.

In this article, I am going to examine 5 areas of technology where rich functionality has met commodity pricing, thus offering companies unique opportunities to save and improve simultaneously. [Read more…]

Filed Under: Uncategorized Tagged With: cutting costs, technology

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The Private Business Owner is an online publication sponsored by Generational Equity. PBO aims to provide useful tips and information that will improve both the lives and businesses of entrepreneurs, as well as provide valuable insight into the company exit process through bi-weekly M&A Digests.
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