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Know Your History, Purpose and Direction

CoachStation

What – This is what the company does to fulfill that core belief. Sounds simple, but what Sinek found is that most companies do their marketing backwards. Most of these companies neglect to even mention why they do what they do. How – This is how the business fulfills that core belief.

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Everybody Loves Bob – Faster Cheaper Better: The 9 Levers for Transforming How Work Gets Done

Strategy Driven

Hershman and Dr. Michael Hammer. How to create a cadre of professionals at every level – people who focus not just on limited tasks but the overall outcome and ensure that the company gets and keeps happy customers. There are lots of companies like Bob’s, fragmented and inefficient. Most companies get metrics all wrong.

Hammer 50
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Small Business Cash Flow Management: Why It’s Important and How to Deal With Problems

Strategy Driven

Small businesses that fail to do this can get hammered by unforeseen costs, go into steep debt, and potentially close completely. Cash flow from operations for XYZ Company. Cash flow from financing. This leaves the company on dangerously low cash reserves of just $5,500 to cover any emergencies this month. Net income.

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Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Harvard Business Review

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” In this case let’s make the business Dan Murphy’s, Australia’s largest liquor retailer with a national footprint. ” This is that company’s position on price.

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Case Study: When Two Leaders on the Senior Team Hate Each Other

Harvard Business Review

Lance Best, the CEO of Barker Sports Apparel, was meeting with Nina Kelk, the company’s general counsel, who also oversaw human resources. It had been a long day at the company’s Birmingham, England, headquarters, and in the early evening the two were going over the evaluations of each of Lance’s direct reports. .”

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A Problem Shared Is a Company Aligned

Harvard Business Review

Companies are complicated places; the different stakeholders all have different agendas and are motivated by different norms and incentives. A number of years ago, my family company won the Greek franchise of a leading US confectionary manufacturer. It’s seldom easy to achieve alignment around challenges in any business.