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Diversify Tagged Articles



Three Ways to Take Control and Grow Your Small Business in Any Economy
People not buying what you’re selling? If you’d rather take control and make things happen than fall victim to the slowed economy, there is quite a lot you can do-in any economy-to make your business more successful.

To expand or not to expand?
While many small businesses are struggling to keep head above water, others are considering expansion to take advantage of the opportunities that are still out there. If this is you, there are a few things to think about before going this route.
Eenie Meenie
Have you ever found yourself bored with life, of the “same ol" thing, or the repetition of a job that just does not make your engine rev? Did you know that there are many people plagued with the same challenge? The quest for how to make life more exciting. Surprisingly, the same answer works for those looking for a bit of a change in life, and for those looking to safeguard their lifestyle, in a word – diversity.

Other Diversify Related Articles

Building From Your Core
Why have only 7% of all businesses hit double digit growth during the past 10 years, while 93% have plateaued or are struggling? Why are 3 out of every 4 business growth strategies failing today? These startling statistics drive home the same message for both large and small businesses. The “old-style” growth strategy -- ie., launch ... sell as rapidly as possible ... diversify ... go international ... pursue the next hot opportunity ... repeat as necessary -- no longer works. What do the handful of today’s high growth businesses know that the others don’t? Read this article and learn their secret.
Wanted: jobs for Africa’s youth - Diversification
The Youth Employment Network, an alliance of countries initiated by UN Secretary-General Kofi Annan in collaboration with the heads of the ILO and World Bank, recommends that governments diversify their economies and promote sectors that use a lot of workers. Many African economies still rely on the production of one or two primary commodities. They could diversify into processing these commodities or producing light manufactures, as Mauritius has successfully done.
5.1 Determinants of diversification in Africa: Economic Report on Africa 2007
Diversification and policy variables constitute a two-way process in that diversification not only influences policy outcomes, but is itself influenced by policy variables. This proposition naturally leads to the search for those economic and non-economic policy actions that are likely to affect the level and rate of diversification in a country. What evidence is there that links economic and non-economic variables with national capacity to diversify?
5.1 Faster economic growth could assist in diversification efforts: Economic Report on Africa 2007
The results for Africa, shown in table A5.1, suggest further that as income per capita increases, there is a tendency for African economies to experience improvement in their diversification processes. This is a very significant result and it is in line with other empirical evidence, (see Imbs and Wacziarg 2003), which shows that poor countries tend to diversify at first as their incomes rise, before they later begin to become more specialized. African countries also fit into this theory of the U-shaped stages of diversification.
African Reforms are essential to Boost Private-sector Development and Improve Governance
The capacity of smoothing shocks highly depends on the ability of African policy makers to diversify their economies. Boosting the private sector and improving economic and political governance are crucial.
Managing away from core incompetencies
While the need to expand into other products, services and markets can lead organizations to explore new areas, the process can,also, set the stage for straying away from the core competencies that established a level of greatness. It becomes far too easy to rationalize taking on unrelated products and processes in order to diversify, but there is a greater concern when the blend of new and different create a more dangerous set of incompetencies.
2 Steps to Trading the US Employment Report on Friday
Learn to trade the “recession proof” market – the Currency (Forex) Market! It’s one more way you can diversify your portfolio and also get into trades that are heading higher NOW and not months or years from now. There are two steps to take before you "go live" into this market.

Why you have to love Tech Stocks!
As someone who spent a lot of time as a Financial Planner after the Tech Bubble in the late 90’s, it is not easy to say you have to love Tech stocks. Why? Because, the Tech market of the late 90’s became the poster child of what not to do when investing. It became a cliché for anyone who taught people how to diversify and be a balanced investor.

Four Types of Highly Effective Business Plans
Business plans are not just for start-ups raising capital. Writing a business plan-- or more accurately, the process of strategic planning, using the business plan as a framework-- has many applications for both early stage companies just starting out, as well as for mature firms who are seeking to grow, improve, or diversify their businesses. In this article, we talk about four powerful types of business plans: the Feasibility Plan, Operating Plan, Expansion Plan, and Joint Venture Plan, and we delve into the key characteristics and uses of each.
Cardiovascular Cross training: Is It Important?
You change into your workout attire all the while contemplating another boring cardio workout. The same boring workout you have been doing for some time now. STOP...! It doesn’t have to be this way. You can do something different. Ever heard of cross training? Cross training is a fun and exciting way to not only spruce up your work outs, but to learn new and challenging skills, reduce risk of injury, maintain a consistent work out routine, achieve better results, and diversify your circle of sports buddies.
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