An investigation for participants in the National Indemnity Employee Retirement Savings Plan concerning potential Breaches of Fiduciary Duty by the plan administrator was announced. Those who are existing or former participants in the National Indemnity Employee Retirement Savings Plan, who purchased and held the Sequoia Fund, through the National Indemnity Employee Retirement Savings Plan, you […]
RIL and Pioneer Natural Resources Company Plan to Divest the Eagle Ford JV
Reliance Industries Limited (RIL) along with its partner Pioneer Natural Resources Company plans to divest their joint venture in the Eagle Ford Shale and midstream business. This will not include any of Pioneer’s upstream drilling assets for which RIL is also a joint partner. This decision arrives at amidst speculations that the recent oil price […]
The Four Basic Methods in Organizational Buying and their Importance to a Company’s Strategy Plannin
Organizational buyers (really, buyers of all types, including final consumers) use four basic approaches to evaluating and buying products: (1) inspection, (2) sampling, (3) description, and (4) negotiated contracts. Understanding the differences in these buying methods is important in strategy planning. Let’s look at each approach: 1. Inspection buying means looking at every item. It’s […]
8 Ways Customer Experience Will Determine the Success of Your Company
There are countless metrics that inform your business decisions. Revenue, resource costs, and employee retention are all part of the equation. However, when it comes to your company’s success, your customers are in the driver’s seat. In 2021, customer experience (CX) is a key ingredient for business success. When customers have positive interactions at every […]
5 Tech Tools Your Company Needs to Know About
In the proverbial quest to build a better mousetrap, business tech tools reign supreme. There are always processes your company can tweak with tech to reap higher productivity or reduce costs. From collaboration and team chat to email marketing and security tools, choices abound in every category. Here are some of the most interesting technologies […]
The Art of the Backup Plan: How to Protect Your Business in 2021
2020 was –– to put it mildly –– a difficult year for just about everyone. While a once-in-a-generation pandemic was impossible to predict, it is worth noting that many businesses were able to survive this unprecedented challenge because they had numerous contingency plans in place. If business leaders should take any lessons from 2020, it’s […]
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