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Does wining and dining clients help?

Corporations often wine and dine potential customers as well as existing clients to build and strengthen business relationships and give an impression of a more personal touch. But typically, there are limits to what they can achieve with expensive gifts and corporate dinners at swanky restaurants or formal events.

"You see it at Christmas time especially, when people are sending gifts willy-nilly," says Jason Safar, a partner in PricewaterhouseCoopers' Tax Services practice. "Some people don't even know what they received from whom. Nothing personal about it."

As for the wining and dining, depending on the individual, what might be appreciated as an opportunity to enjoy some fine food and a night out by one person might be viewed by another as yet another business obligation that takes them away from their family or a relaxing evening with friends. more

IBM Wins Systems Integrator Best Practices Award for Business

Using the TMF's eTOM as a foundation, coupled with our business process redesign expertise, we were able to re-engineer and improve several key business processes that enable end-to-end DSL service rollout and delivery for T-Com Croatia's customers."

Commenting on the award, Ivana Soljan, CEO of T-Com Croatia, said, "We are pleased to have our project highlighted by the TM Forum. IBM gave us a level of process insight we could not have gained elsewhere. We are very excited to put that insight to work for the benefit of our customers and to make us a stronger competitor."

The project highlighted IBM's unique ability to push beyond the boundaries of traditional business process transformation by extending the eTOM standard into deeper levels of process detail, as well as into broader business architecture areas such as organizational change and information flow. more

LLOYD FONDS STRENGTHENING SALES PERSONNEL AND STRUCTURES - COO

Following the restructuring of Lloyd Fonds' sales operations, Dr. Marcus Simon, a member of the Management Board, will be leaving the Company at his own request effective August 31, 2008.Improved customer orientation Following the share acquired in listed financial services group Feedback AG in January, a further step has been taken to implement the Company's strategy. Dr. Mattia Janari, formerly managing director of HCI Hanseatische Capitalberatungsgesellschaft mbH, who has many years of experience, has been signed as the new sales company's managing director. He will be supported by Silke Harms and Sebastian Ziegler, two long-standing executives at Lloyd Fonds AG, who will also be joining management. In the interests of heightening efficacy and enhancing product communications, marketing activities have also been integrated in sales as part of restructuring. more

Food industry players 'crave' access to loans

Local food industry players at yesterday's Jamaica Observer Food Awards Foodie Seminar say banks still make it too difficult to get a small business off the ground.

Held at the Hilton Kingston Hotel under the theme "Taking it Beyond The Big Food Idea", local restauratuers, chefs and caterers discussed various ideas and issues concerning the food industry.

Gariel Ferguson, co-owner and operator of popular Kingston restaurant Rib Kage Bar and Grill and owner of the new gourmet kitchen accessories and specialty store Kitch 'N' Thyme, told the audience that one of the main issues was acquiring financing from the banks.

"We went with our gut and opened Kitch 'N' Thyme because we believed in it and we knew that this was a business that was missing in Jamaica, but trying to convince the bank, well that was another story," Ferguson said. more

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