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Showing blog posts posted in March 2007

Richard Fenwick

Germinating ideas

By Richard Fenwick on 30th Mar 2007

We've just finished a three day event in which we teamed up with NYBEP to work with young people at eight local schools in order to help them try to grow their very own a sweet pea in a tube of gel!

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Editor

satisficing

By Editor on 30th Mar 2007

An approach to problem-solving. This is based on making acceptable decisions (rather than identifying optimum solutions through comprehensive evaluation of all the options) due to constraints. The word 'satisfice' was coined by Herbert Simon. Simon pointed out that human beings lack the cognitive resources to maximize: we usually do not know the relevant probabilities of outcomes, we can rarely evaluate all outcomes with sufficient precision, and our

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Hatching new ideas

By Jane Green on 27th Mar 2007

I have all sorts of things going on at the moment! I'm currently developing two business ideas which I hope will lead to the start of a new enterprise.

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Andrew Marran

People with a passion

By Andrew Marran on 23rd Mar 2007

As an advisor for Business Link I meet a lot of entrepreneurs in the very early stages of starting their own business, especially ‘high-growth' start ups. We're talking businesses which hope to make £1 million within the first three years of starting up - quite an exciting and daunting prospect! It's amazing that some new businesses manage to turn over £2 million in just 2 years, as was with one case this year. My job is to talk to the people with such

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Editor

away-day

By Editor on 21st Mar 2007

A meeting, often of a whole department, project or sales team, which takes place off-site and away from the participants' regular office surroundings, usually for a whole day or sometimes a weekend. The focus is often on team building. The intention is to allow the meeting to focus on the particular task in hand without the participants being distracted by the demands which, if the meeting were held in the workplace, would normally be made on their attention (such as

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