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How to Be Pound Wise Penny Stupid


Many people today are very wise, wise in pounds and foolish in penny. Check to see if you do any of the following 7 things.  If the answer is none, call us at 6225-1784 for a chat.  If the answer is yes to the 7 questions, congratulations and please forward this article to your friends. 

1.   Build Relationships with Suppliers by Not Squeezing Them.  Penny wise pound foolish Purchasers like to squeeze suppliers.  They often end up with very few choices as few suppliers would like to work with them.  As a result, they buy cheaply but didn't get the best choices in the market. In fact their purchasing cost went up!

2.   Train the Managers and Directors First Before Training the Staff. When things go wrong, the first thing managers do is to send their staff for training. For they feel that if the staff are better trained, there will be fewer problems.  Truth is the managers and directors should be the first people to be trained, because everything start and end with management. If you are game, come for this course How to Be a Great Boss on 26 Feb 2015 Thursday 2 to 5.30 pm.  You can also get us to come to your premise and do this training in-house at no extra cost. Text to Andy at 8201-4347 now.  

3.   Go for Quarterly Cash Claims for PIC instead of Yearly Tax Deduction.  Details on how to take advantage of PIC without breaking the law are at here.

4.   Conduct Internal Training and Claim up to $10,000 every year under PIC 'Internal Training'.   

5.   Over Train Your Sales Team. Because selling is based on emotions and if your salespeople are highly motivated, they can outsell the competition.  Acquire Sales Power on 27 Feb Tuesday.

6.  Sourcing More Important Than Purchasing.  The best source is always the vendor that you're not buying from them now.    

7.   Use Deception.  Adopt the Sun Tzu Art of War Strategies and 36 Stratagems to Win Without Fighting.   Change your company's culture like what Eric Schmidt did at Google, article at here.
In celebration of SG50, you can now send 3 staff for our training but pay for only 2 staff. That means get another 33% off the fees. Call Idah at 6225-1784 now.  For list of our courses, visit www.asiatrainers.com/SeminarsList.php

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