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5 Ways Smart Startup Founders Strategically Manage Operating Capital

Strategy Driven

And with financing being one of the primary reasons startups go under, the right strategy needs to involve improving upon your operating capital. What Is Operating Capital? Sometimes called “working capital,” operating capital is the sum of a business’s current assets minus its current liabilities.

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Unveiling Potential: How Effective Leadership Training Propels Companies Forward

N2Growth Blog

These competencies include strategic foresight, decision-making capabilities, and the ability to manage, inspire, and empower teams. A well-trained leader can inspire team unity, encourage innovation, and improve operational efficiency.

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10 Ways to Improve Service Industry Operations

Strategy Driven

If you want to see diners coming back to your restaurant every time, then you have no choice but to improve your operations. Technology has improved operational efficiency by reducing workload, eliminating paperwork, streamlining services, and ultimately increasing sales. Here are a few tips on how to go about it.

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5 Ways to Effectively Motivate Your Team as a Manager

Strategy Driven

If you fail to take steps to ensure that your employees are content in your organization, you risk having demoralized and inefficient staff. In addition, when team members are unhappy with management, they are far more likely to leave a company. There are some fundamental aspects of managing a team that you should not overlook.

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Three Ways Document Management Software Can Streamline Operations

Strategy Driven

Document management software can put important documents at your fingertips in seconds and help you keep everything organized. But which document management solution would work best for your office? Here are three tips to help you understand how document management software can help and which features you’ll need to make it work.

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Playbook for a New Leader’s First 90 Days on the Job

Great Leadership By Dan

As you meet more people and learn about the business, validate or invalidate your hypotheses, which will become the basis of your future vision, strategies, and/or operational plans. Share this information with your manager as a head start to your performance review. Ease your new team’s worries by hosting a Day 1 meeting.

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Tactical Execution Best Practice 7c – Are You Thinking Lean? The ‘Wastes’ of Execution: Inventory

Strategy Driven

Non-value added ‘wastes’ are a drain on the productivity of your operations and cost you in schedule, quality, and capital. Costing the organization in excess material costs, holding costs, and potentially obsolescence costs, this waste can cost the organization upwards of millions of dollars in annual operations funds.

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