Remove Management Remove Marketing Remove Training Remove Working Capital
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Best Practices To Starting an Optometry Practice

Strategy Driven

When choosing a location, you should ask yourself these two questions: is the market already saturated and is there a potential for growth. Invest in Marketing. You should also invest in training and developing your employees. Spending too much on high-end frames can overload your inventory and deplete your working capital.

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Creating Michelin-star Quality for the Masses

Harvard Business Review

But it's this set of beliefs that explains why Western companies fail to succeed in emerging markets where middle class consumers demand good quality at low prices, and why these companies struggle to develop value-for-money products for their home markets during slow growth times like these. Operating such restaurants is expensive.

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What You Don’t Know About Sales Can Hurt Your Strategy

Harvard Business Review

Hence, the customer-selection criteria of sales managers, and call patterns of sales reps, directly impact the first value-creation lever: which projects the firm invests in. Smartly reducing assets devoted to activities that earn less than their cost of capital requires good links with evolving market realities. (

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

When formulating a strategy, markets and segments are important categories to consider. But a market never buys anything. This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” Only customers buy.

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How Banks Should Finance the Social Sector

Harvard Business Review

Financial markets are not working for charities and social enterprises today. As a result, charities and social enterprises do not have the cushion of external financing to manage their various capital requirements. Sometimes they need bridging capital to pay for projects that are being grant-funded upon completion.

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My First, Failed Foray into Venture Investing

Harvard Business Review

And because my husband and I were the providers of working capital, I had the luxury of being cavalier. When we came to loggerheads with our partners, which we often did, because of the management and deal structure I had freely agreed to, my husband and I had little say in the critical decisions. No, no, no , I cried.

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How One CEO Grows Her Business with Feeling

Harvard Business Review

What do you think causes millions of people to miss work and school in developing economies? Minimal professional training? Because the "unmentionable" subject of menstruation is taboo, the market failure — supplying cheaper pads — had never received the attention it deserved. Lack of childcare?