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7 Strategies for Reducing Operational Management Risk

Strategy Driven

Deploying an operational risk management program that does the intended job remains a challenge for many businesses today. The industrial sector and others have witnessed rapid changes that significantly altered the way businesses operate. They need to train all employees to make risk-based thinking part of everyday operations.

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How to Reduce Operational Costs for Your Small Business 

Strategy Driven

For small business owners, reducing operational costs is essential for the success of the company. Fortunately, there are several strategies to use for reducing operational costs and ensuring that a small business remains profitable. Below are eight effective ways to reduce operational costs in your small business.

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101 Things I Learned in Business School

Leading Blog

B USINESS is not a discipline, but an endeavor made up of disciplines such as accounting, communications, economics, finance, leadership, management, marketing, operations, psychology, sociology, and strategy. Lesson: Learn an organization’s culture before working with or for it. Lesson: Moral Hazard.

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Operation Getting More Value In Business

Strategy Driven

Even though the daily maintenance can have a very significant impact, you must learn to spot signs of faults. Likewise, you’ll want to check that any company you plan to do with business can be trusted. Marketing is an area where only the best will do. Efficient marketing should be built around targeting a key audience.

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The Role of Personalization in Consumer Engagement

Strategy Driven

Do you ever notice how some ads or promotions catch your eye more than others because they seem perfectly crafted just for you? So, without further ado, let’s learn how this powerful strategy can easily transform your connection into your customers. Always Test and Learn Not every attempt at personalization will be a home run.

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The Leaders Our Companies Need: Lessons We Can Learn from Historical Luminaries

Leading Blog

But what qualities do our celebrated leaders of industry embody that make them successful? Learning how to be good leaders doesn’t involve formulas or abstractions. Learning how to be good leaders doesn’t involve formulas or abstractions. Is it their ability to increase the company’s value?

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Teams That Work

Leading Blog

Perhaps all the team leader needs to do is provide individual feedback when deviant behavior emerges and occasionally host a social event, so team members see each other as real people. Fundamental question: Do we have the right people with the right mix of knowledge, skills, and other attributes? Capability. Communication.

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