By focusing on people and process vs. debating the fine points of strategy (in essence, go with the 80/20 of strategy formulation), you are much more likely to have a successful strategy execution.
Clearly, one of the keys to thriving in the current recession is to be ahead of the competition in terms of sales.
Budgeting is always relevant, but especially during a recession. Here are a few tips for success.
Leveraging the transferability of best practices involves the following key items.
The value of customer service might not be clear until it's necessary - after all, it seems like not a big deal to potentially sacrifice a bit of service in order to gain a good discount.
I've seen projects ranging from a 50% reduction in inventory levels to a launch of a new product line achieve the intended results largely through focus.
What could be more important in today's new normal business environment of lackluster sales, strained liquidity and elevated customer service expectations than business development. Here are a few tips.
In today's new normal business environment, characterized by sluggish growth, tight liquidity, elevated customer expectations and a general theme of "more for less", there's no doubt revenue has to be a top priority.
Think about how these trends could impact your business, department or role. How can you get ahead of the curve?
As we start the New Year, I thought it was worthwhile to discuss critical yet often overlooked blocking and tackling manoeuvres that ensure success.
