An interesting article appeared on the Harvard Business Review about how a company can keep up with the changes it faces.
The changes that businesses face offer it not only obstacles but also opportunities.
The strategic thinking about helps guide the vision of the company through all the changes and allows the decision-makers to keep a clear head with the daily disruptions.
From small start-ups to large hospitality empires like EMM Group, it's important to stick to the strategy while navigating the business decisions.
The truly great companies are able to stay ahead of these changes and accelerate ahead of competition.
Monday, March 25, 2013
Thursday, February 7, 2013
Mark Birnbaum Mentioned as New York City's Most Eligible Bachelor
Gotham recently released their annual 100 most eligible bachelors list. There were athletes, chefs, musicians, and business moguls.
Even David Blaine, the illusionist who famously performed stunts such being buried alive and spending days frozen in ice, was on the list.
And right next to David Blaine was, in big letters, Mark Birnbaum. That's something you won't see everyday.
Every profile was also assigned an icon. Mark Birnbaum was a Power Player and Social Peacock.
Makes sense when you're the co-founder of numerous nightclubs around the city.
Even David Blaine, the illusionist who famously performed stunts such being buried alive and spending days frozen in ice, was on the list.
And right next to David Blaine was, in big letters, Mark Birnbaum. That's something you won't see everyday.
Every profile was also assigned an icon. Mark Birnbaum was a Power Player and Social Peacock.
Makes sense when you're the co-founder of numerous nightclubs around the city.
Thursday, January 31, 2013
Patience Is More Than A Virtue In Business
Patience in Business
Patience is a virtue. This old saying can not be more true in the world of business etiquette. If you are not able to wait for opportunities, you can potentially drive your stress and endurance level to an unhealthy level. Can you miss a good opportunity? Of course you can, however your chances of grabbing the higher paying more innovative deals are rooted in patience of research and development.
If your business plan is concise and realistic, this will take some patience. However, you don’t want to over think your plan with too many details, then you will begin to second guess yourself. That's why a business plan is important. It helped Mark Birnbaum and Eugene Remm keep up with the dynamics of nightlife event planning.
Consistency in knowing exactly what your aim is crucial. Incorporate your niche’ and you will start to understand how patience is your best friend. It takes time to perfect your marketing pitch and sales delivery.
If you are a business owner, you have to consider everything that you partner or add your name to. Some business ventures are potentially looked upon negatively depending on how it was created and designed. Time may be of the essence, however your business longevity is the key to success. Business ventures are meant to be looked at closely, which takes time.
Although, you should be careful, never underestimate stepping out of your comfort zone. This allows you to push yourself to greater depths. Comfort in business is good when you have put in the time and work to afford relaxing, however even then it’s a personal stake to look further.
Competition will never go away in business or in life’s pursuits. While others are fighting and racing to succeed, simply consider how you watched them tumble over one another as you excel. Mark Birnbaum's business certainly weren't a success from Day One. Learning in business sometimes can mean watching others fail. We have our ground breakers, innovators and challengers, that make the world of successful business easier for each generation.
There are millions of entrepreneurs in the world because of our economy, however most of the business owners today have learned because of their predecessors. Patience gives you the upper edge because you listen, observe and develop your approach. Take your time and understand why you will succeed. Excellence begins with patience.
If you are a business owner, you have to consider everything that you partner or add your name to. Some business ventures are potentially looked upon negatively depending on how it was created and designed. Time may be of the essence, however your business longevity is the key to success. Business ventures are meant to be looked at closely, which takes time.
Although, you should be careful, never underestimate stepping out of your comfort zone. This allows you to push yourself to greater depths. Comfort in business is good when you have put in the time and work to afford relaxing, however even then it’s a personal stake to look further.
Competition will never go away in business or in life’s pursuits. While others are fighting and racing to succeed, simply consider how you watched them tumble over one another as you excel. Mark Birnbaum's business certainly weren't a success from Day One. Learning in business sometimes can mean watching others fail. We have our ground breakers, innovators and challengers, that make the world of successful business easier for each generation.
There are millions of entrepreneurs in the world because of our economy, however most of the business owners today have learned because of their predecessors. Patience gives you the upper edge because you listen, observe and develop your approach. Take your time and understand why you will succeed. Excellence begins with patience.
Monday, January 28, 2013
Mark Birnbaum Lean Thinking Tools for Success
Mark Birnbaum Success
The success that the EMM group found success in the nightlife business in New York through constant improvement. Mark Birnbaum is a believer of constantly improving and working on the process to attain success. Whether related to business or personal health, it's important to put efforts towards it.
Lean Thinking
Lean is often described as a set of tools to help businesses remove waste from their processes. If you compare a business to a person, it's the equivalent of taking care of your body and exercising.
It's important that everyone in the organization is motivated, inspired, and empowered for the business to have the continuous improvement that these tools will provide. If Mark Birnbaum or his team didn't share that passion, the progress that built up EMM would have little impact on the long-term growth.
Although relatively young, Mark Birnbaum and Eugene Remm understand that it is important for the leaders and managers to cultivate a culture of excellence. For their restaurants and clubs to be the premier venues they are, it starts at the very top going all the way to the details that create the excellence. Ultimately, this mindset on improving, eliminating waste, and focus on long-term has allowed the customers, the stakeholders, and the business to benefit.
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