Posts

Describe and Define Critical Processes

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Anything that needs to be done more than once can be captured and turned into a process. Entrepreneurs tend to ignore the value of processes. There are lots of reasons for this (and none of them are good) but that’s a story for another day.…

How to Keep Your Customers from Migrating Away

According to Frederick Reichheld of Bain & Company, acquiring a new customer is six to seven times more costly than retaining an existing one. So, how do you maintain current relationships and keep your clientele loyal to the business? Answer…

Do You Think Your Current Business Model Is Effective?

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Smart businesses understand the importance of developing and maintaining a business model for their company. A business model is a map to follow when it comes to generating revenue and making profits. It’s an essential aspect of running an…

Close the Gap Between Strategy and Execution

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In their book, “Execution: The Discipline of Getting Things Done”, authors Larry Bossidy and Ram Charan state that execution is the biggest unaddressed issue in business today. They assert that its absence is the single biggest obstacle…