Business School Rankings Are Not To Be Accepted At Face Value

Business school rankings are scores calculated using different formulas, based on various factors of varying importance. The most influential rankings are the ones published in the Financial Times, Business Week, US News and World Report, the Economist, the Wall Street Journal, and Forbes. Since they are all using different methods to calculate business school rankings, the rankings are different in each publication. Most, but not all, release their ranking methodology.

Since ranking on these lists is the matter of prestige for business schools, it has not been unheard of for a school to provide misleading data to the researchers. There are rumors floating around about rankings being rigged in order to include a certain school, or push it higher up the list.

It can be said that the business school rankings are biased by their nature, because the criteria they use for ranking a school is chosen at the publisher’s discretion. The criteria may include the following: how much the graduates earn on average, employment rates, peer assessment scores (by other business school deans), recruiter assessment scores (by recruiters hiring the graduates), the ratio of students to faculty, access to professors, student satisfaction, student participation, candidate acceptance rates, undergraduate GMAT and GRE scores, diversity, research output.

Since each publication employs its own standards, there are no two rankings that are the same (or even alike!). Besides, what is really being ranked here are business schools – and not the MBA programs themselves. Therefore, you should not rely on the rankings only to choose where you should get your MBA degree.

The Business Week ranking, launched in 1988, was the first major MBA ranking. It asks graduating seniors to complete a survey on different aspects of their studying at a certain school. The results are then merged with the results from the previous two years to form a ranking. Before the Business Week survey, the programs were ranked based on the opinions of business school deans and faculty.

The most important factor for Forbes is the return on investment for the student, so it looks at the cost of the MBA program and its graduates’ average salaries. The Financial Times takes into account several factors when calculating its rankings: career progress, diversity, research output etc. The most important factor is, however, graduates’ salary adjusted to the cost of living. While the Financial Times indeed takes into account the widest number of factors, keep in mind that the data uses estimates based off rather small sample sizes.

Small Business Weekly – How to Plan Your Business

Every business big or small has to plan how to operate the business to ensure that your business succeeds. When you have a plan, it is always easier to manage your business and see problems before they actually arise. A business plan gives you a contingency plan that can be a life saver in the long run. You can choose to do this weekly, twice weekly or even monthly. It is always a good idea to discipline yourself to have a small business plan on a weekly basis.

When you are organizing your business on a weekly basis, it is a viable idea to have a meeting with your employees. In this briefing, you can analyze the business based on the previous week and it will be easier for you to correct or improve on any shortcomings in the current one. In addition you can easily organize how your employees will work especially if one of them will be unavailable. This will ensure the smooth running of the business.

It is also essential that the small business owner organize the financial aspect of his or her business every week. This means gaining access to the bills to be paid, the priority, the amounts to be allocated to each etc. It will make easier for you to make payments without delays. You will appear to be a reliable small business owner when you have a consistent pattern especially in the eyes of your debtors.

When you organize your small business on a weekly basis you will be in a position to see the progress of your business. You will be able to analyze which part of the business is weak and needs improving. This will give you a chance to make changes before the month is over. Planning and strategizing your business in this manner will always give you a hands-on approach on your small business.

How to Plan Your Business Week for Maximum Impact

There are many items which need your time and attention, both in your network marketing business and in your everyday life. If you take time to plan your business week for maximum impact, you’ll be able to get more done in less time with a lot less stress.

Create a Schedule

The first thing you need to do is to create a schedule for each day of the work week. Since everyone needs some free time to rest and recharge their batteries, start by blocking off some time for this in your schedule for each day. You will want to make sure that you plan adequate times for sleep, eating well, interacting with your family and other activities that form part of your daily life.

Once you have these times blocked off, you need to look at the different kinds of tasks that you need to do to work in your business and on your business.

Working “In” Your Business

Working in your business involves all the tasks necessary to generate income. For network marketers, you can include tasks such as prospecting, dealing with questions and concerns from people in your network, contacting potential joint venture partners, and the like.

If it has to do with making money, it falls into the working “in” your business category. When you are making your schedule for the week, most of the time should be spent on committees which fall within this category.

When Do You Do Your Best Work?

Since working in your business is the reason you started your network marketing venture, you’ll want to make sure you’re performing these activities at the time of day where you can focus and concentrate most clearly. For some people getting down to business first thing in the morning is the best approach, and you should block off some time before noon several times during your work week to look after these tasks.

Working “On” Your Business

Unfortunately, your network marketing business doesn’t run itself. You will need to set aside some time in your weekly schedule for administrative tasks, such as reading and responding to e-mail, cleaning up your e-mail inbox, filing and other related tasks.

If your goal is to get the maximum impact from your weekly business schedule, make sure you are scheduling the activities which will generate income during times when you are most alert. Administrative and other tasks, such as reading, evaluating, and reviewing items, are best left for times when you are not in your most focused zone.

Contrary to what you may be thinking, you will be more effective and a higher degree of productivity for your network marketing efforts by making sure you have adequate free time in your schedule. Trying to perform at a peak level without taking breaks will only lead to fatigue and eventual burnout.

The History of Business Week Magazine

Business Week is a magazine that is currently published under the name Bloomberg Businessweek, after a recent merger, and is a publication that is familiar to many people, having been coming to homes and businesses weekly since 1929. Bloomberg Businessweek was first published in September of 1929, just a few weeks before the stock market crashed and now, has a circulation of nearly a million, and competes with the only other major business magazine available on the market – Forbes Magazine, a bi-weekly business publication.

When BusinessWeek first began, they covered marketing and finance, labor and management, but were the first of the time to begin reporting on political issues that affected American businessmen. The magazine also published a list of executives and the pay that they receive, a tradition that started in 1950. While Forbes and Bloomberg Businessweek compete for readership among businessmen and women and those interested in the financial world, BusinessWeek concentrates much more heavily on the economy than Forbes does, and in fact, published a thermometer on the cover from the 1930’s to 1961 that gauged how well the economy of the United States was doing.

BusinessWeek has had trouble itself in the recent economy due to a lack of advertising with print magazine sale revenues being cut in half. Previously $120 million to around $60 million in the last few years, and the move to the digital form hasn’t had the effect the editors had hoped either, with the current online revenues only approaching around $20 and a half million. In 2009, reports began to appear with the news that McGraw-Hill was interested in selling BusinessWeek. They hired Evercore Partners to handle the sale, and a common suggestion at the time was that they might sell the magazine for a dollar because of all the liabilities the publication had.

Bloomberg announced that it had acquired the magazine on October 13th, 2009, and while the figure was reported to be around $5 million dollars, but the actual sale price wasn’t disclosed. December 1st, 2009, the deal was closed and the name Bloomberg was added to the magazine’s cover.

How to Build an Online Business With LinkedIn Ads

LinkedIn is considered to be the most professional social networking site that even has access to the professional industry. Along with creating a LinkedIn profile for yourself, explore the LinkedIn ads for increasing the traffic on your website to promote the business. These ads are the best way to reduce the ad costs, thus increasing the profitability.

The edge LinkedIn is going to have is that they are launching their own ad network site soon, which would give a boom to all those companies and their advertising associated with LinkedIn ads. This site would be targeting the industry, company, gender, seniority, geography, and other connections. This will be much like Facebook ads in which you can direct your advertisements towards the specific demographics your target.

There is more you can do to your business with the help of LinkedIn ads:

1) Through LinkedIn ads, your online business could become the target of the most influential professionals and audiences of interest.

2) Before launching yourself, prepare an actionable and descriptive ad copy.

3) LinkedIn displays the ads in the most premium and highlighted locations which will prove very beneficial for your business as it would gain the attraction of millions of active users around.

4) Other social networks have not been able to work that well as LinkedIn ads. It offers the cost per impression of $30 which increases to $76.50. In case of text ads, the cost per impression ranges between $12 to $20.

5) Now, along with LinkedIn ads individual site, it will sign up with its existing partners like CNBC, New York Times and Business week which would give more exposure to your business.

LinkedIn ads are sure the best way to advertise and market your business, as it has the ability to capture the major target market and professionals which would be beneficial for your business by the end. And now that the LinkedIn network would have its separate site for advertisement, it would be like a jackpot for the online business holders. So just click, link and there you go in!

If you are out to attract prospective customers and develop your online presence and exposure, you owe it to yourself and the financial future of your business to learn everything you can about Internet marketing.

5 Tips To Help You Keep Your Conveyor Chains Operational

Conveyor chains are used to drive different types of conveyor units and use different types of power transmission. If you want to get the most out of your equipment, make sure you maintain them. This is even more important if they are installed in the mining and construction industry. Given below are a few tips that can help you ensure your conveyor chains will continue to work properly.

1. Follow the Maintenance Schedule

First of all, you may want to inspect and service them to ensure proper alignment, lubrication and tension. If inspected on a regular basis, they can last up to 15,000 hours. It’s better if you schedule filter and oil changes every 3 months. On the other hand, the cleaning of bigger parts, such as shafts, machine lubrication and replacement of damaged or worn sprockets and sideplats should be done on an annual basis.

Following the maintenance schedule is paramount, especially if you have installed the conveyor chains in the construction and mining industry.

2. Lubricate Wisely

For smooth operation, conveyor drives and chains should be free of moisture and dust. Most of these systems require petroleum-based oil. It’s not a good idea to opt for heavy greases and heavy oils. The reason is that they are overly stiff and can’t lubricate the system properly. Given below are some common ways of lubricating the conveyor chains. Some of them are listed below:

Stream lubrication
Disk lubrication
Drip lubrication
Manual lubrication

Based on the power and chain speed, the right method can be used. For reducing wear and tear and enjoying all the benefits, it’s important that you lubricate the system properly.

3. Get Heat-Treated Parts

Heat treatment can be used to improve the mechanical components. Therefore, manufacturers control the treatment methods for best results. In other words, to reduce wear and tear, it’s important to perform proper heat treatment.

Case hardness and depth are the two primary parts of component heat transfer. This plays a great role as far as resistance and durability is concerned. If the depth is too much, the parts may break while working due to brittleness.

4. Make sure there is Proper Alignment and Tension

Make sure you check the slack span and chain tension, and perform the required maintenance. If you need to reduce the tension, you can eliminate two pitches and then connect the chain again. However, you may need to replace the entire chain if the wear and tear goes beyond the functional limits.

Also, you may not want to connect new chains to the worn one as it can damage the drive. Misaligned sprockets can also cause the link plates of the roller chain to get a lot of wear and tear.

5. Check the Primary Parts

Typically, conveyor chains have two main parts that go through wear and tear: sprockets and chain. Chain stretching happens due to this very reason and results in the complete replacement of the sprockets and chain.

Therefore, you should inspect conveyor chains for any broken parts, deformation and cracks.

In short, these are the tips you can follow to maintain your roller chains.

5 Benefits Listing Your Business in Internet Directories

You can enjoy a lot of benefits if you have your business listed in an internet directory, such as Top5Biz.com. In fact, the more directories you use the greater number of benefits you can enjoy. Given below are some of the prominent benefits of using these directories. Read on to find out more.

Exposure

We know that proper exposure is required for all types of businesses. The more exposure your business gets, the higher number of visitors will know about your products or services. On the other hand, if your prospective customers can’t find your site, they won’t be able to buy your products or services.

By listing your business website in these directories, you can get the exposure you need. As a matter of fact, a large number of people search these directories in order to find what they are looking for. Their goal is to look for a specific product or service.

Better Ranking

We know that better ranking is important for any website. If your website is indexed in many web directories, it will send a signal to search engine crawlers that your website is authentic. And this will help you get your website ranked on major search engines. As a result, you will be able to enjoy better rankings in major search engines.

These directors get your website ranked better and get the word out about your business. And this is a huge benefit.

Inexpensive Advertising

If you run a business, you know the importance of advertisement. The primary purpose of advertisement is to help clients find your business and know more about it. You may not have a big budget for your advertisement campaigns. This is where you can spend a little money and achieve the purpose by getting your website indexed in internet directories.

Unlike the conventional advertising, business directories are much affordable. Therefore, they can help you save tons of money on advertisement.

Professional Opinion

If you want your business to look professional in the eyes of your visitors, we suggest that you try internet directories. This will help you improve your business status. In other words, this technique will help you make buyers have a professional opinion about your business.

Once your site is listed in these directories, it will look as professional as the top business enterprises out there. Aside from this, your website will be considered an authority in the niche. As a result, you will be able to get more and more customers and clients.

Search Engine Optimization

Internet directories offer another great benefit, which is called search engine optimization. Basically, these directories allow you to get a lot of inbound links. When a visitor finds your site in the directory, they will click he link and get directed to your website. So, this is an effective way of getting a lot of traffic.