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Secrets of success
for translation agencies

22.11.2018

From time immemorial, people have kept secrets in order to gain or maintain advantage over others. The secret of manufacturing silk in ancient China, the construction of the atom bomb, and the recipe for Coca Cola are just some examples. Translation agencies also have their secrets: the very first users of Trados when it had only just appeared on the market hid the very fact that they were using it, so as not to give away their competitive advantage. Have things now changed?

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Whether to develop your own TMS

08.11.2018

Successful translation agencies tend to develop their own software, especially their own TMS, or translation management system. Why do they do it? And is it worth following their example?

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Translation company management:
hamster wheels and priorities

01.11.2018

Every business has its own challenges, and they are as unique as every organization itself. However, these demands can often be divided into external and internal ones.
External challenges include everything happening outside of your office: new technologies, competitors, market fluctuations, political instability, differing levels of taxation, a hurricane that leaves you without electricity, and hundreds of other possible scenarios.

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Parallel and Sequential Management

05.10.2018

It happens in all companies at one time or another: a manager comes along who is always short of time. He and the people working under him are chronically stressed, working under time pressures and breaking deadlines. His colleagues sympathize with him: “Their projects are so hard!” and the manager cuts off all other requests with the phrase “I don’t have time!”

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Translation Management System (TMS) Types

15.08.2018

Modern translation agencies use numerous process automation tools: software for translation memories management, quality assurance, project coordination, payment control, communication with clients and vendors. Each of these programs allows you to manage a particular process i.e. it performs a separate function within the overall translation management process.
Most of these programs fall under the category of “translation management systems” (TMS). However, none of them can cover all of a given company’s processes. The term TMS has become so generalized that it can be used to refer to completely different systems. We will try to identify these different categories of TMS system.

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Harmful advice for the directors of successful companies

04.06.2018

When companies are enjoying stable periods of success, that’s not the time for directors to forget about further growth, content to rest on their laurels instead. It is equally important, however, not to derail the company in an attempt to improve on those aspects that are working just fine as they are. The desire to keep up with the latest trends in management and to use innovations in order to get out of a routine can sometimes lead to results that are the complete opposite of what was expected.

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What’s preventing you from implementing a translation management system?

12.04.2018

In today’s highly competitive market, it is important to minimize expenditures—in both money and time—on management, business continuity and internal communications. In addition, it is important to be able to instantly access any information related to the company’s vital functions.

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Why are translation agencies necessary and are they necessary at all?

13.03.2018

Clients and translators often have the desire to work together directly, bypassing translation agencies as an intermediary. A number of industry prognosticators have predicted that translation agencies are going to go extinct because it is going to become really easy for clients and translators to find one another. Despite the predictions, however, agencies continue to be established and grow and sometimes even find investors who are prepared to purchase them for a price that exceeds 10 years of their profits. Why is this the case?

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Assessing the quality of translations and teaching translators based on their mistakes

15.01.2018

If you ask the owner of any translation agency what is preventing their company from growing, the answer will often be their lack of qualified translators and editors. Despite the thousands of CVs submitted on various portals, it is extremely difficult to find a suitable specialist, especially if the client has a limited translation budget.

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Test translations: an age-old subject of dispute

11.12.2017

Test translations are performed not only by translators hoping to find work with an agency, but also by agencies hoping to get orders from a new client. Nonetheless, translators are usually the ones questioning or disputing their usefulness and expedience.

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