Remove Benchmarking Remove Loyalty Remove Management Remove Short-term
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Personal Needs vs. Customer Relationships

Strategy Driven

Some compile complex Customer Relationship Management algorithms to develop and maintain these relationships. The challenge of sustaining long-term value pushes businesses toward considering short-term relationships as the easiest route to profits. But the customer satisfaction benchmark is confounding.

Aaker 64
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Smart Marketing for Small Businesses

Strategy Driven

However, under-investing in marketing is short-sighted, and this article will explain how “smart marketing” can be a key driver of business growth. Benchmark Your Feedback Step 8. In short, it works. Seek to send out a press release once a month (as a long term goal). What’s your proactive marketing approach to loyalty?

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

To date, however, the reality of marketing analytics has fallen short of the promise. Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent).

CFO 8
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People Are the Puck

Harvard Business Review

Whether developing a new venture, managing an internal corporate innovation initiative, or working to develop globally successful product and service designs (my profession), nothing is more important than understanding what people need and desire in context of what the competition is providing.

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Performance Can’t Be Measured by Company Growth Alone

Harvard Business Review

After all, in the face of such apparently poor results, their managers probably assume that significant improvement is largely a question of effort. There is a need to improve in absolute terms, and there is plenty of headroom in relative terms. Not necessarily.

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The Big Picture of Business: Leadership for the New Order of Business Part 2

Strategy Driven

This ladder holds true for managers and employees within the organization, as well as outside consultants brought in. These are managers, concerned with structure, hiring, control, work design, supervision and the effects of management decisions. Within every corporate and structure, there exists a stair-step ladder. Philosophy.

Mentor 56
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When to Reward Employees with More Responsibility and Money

Harvard Business Review

Managers who want to recognize employees for good work have many tools at their disposal. However, managers in most companies have a good deal of input into the decision, and in some cases they are the ultimate decision makers. It's critical that managers make these decisions about promotions and raises carefully. "I