article thumbnail

5 Modern Business Success Tips

Strategy Driven

As your modern business expands, your IT needs will increase. Outsourcing will free your IT team’s time to focus on core business objectives. If you want to change product prices, start with two or one geographic area to measure the outcome.

Tips 111
article thumbnail

The Power of an Enemy

In the CEO Afterlife

In business, your competitor is the enemy. For most of my career, I operated within intensely competitive arenas where fractions of market share points were worth millions of dollars. Your success or failure can be quantified by such measurements as market share, financial ratios, brand awareness, new products and deadlines.

Power 208
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Businesses Don’t Fail – Leaders Do

N2Growth Blog

Strategy, pricing, positioning, branding, distribution, compensation, or any number of other metrics tied to sales force productivity all rest with executive leadership. Leaders who can’t stay in front of the market tend to get run over by it. No Market : Good leadership pursues sound market opportunities.

Brand 315
article thumbnail

Successful Negotiation: 5 Effective Techniques for Better Negotiation

Strategy Driven

Recognize when the other party’s demands have become unreasonable or if the terms they suggest create an unprofitable outcome for your business and make the decision to walk away from the negotiating table.

article thumbnail

The Basic Social Media Mistakes Companies Still Make

Harvard Business Review

Over 90% of medium and large businesses have used social media in their marketing for five years or longer. Yet the CMO Survey reveals that nearly half of marketers are unable to show the impact of their social media investments. Social was an add-on to existing plans — another outlet to deliver the marketing message.

Media 13
article thumbnail

How the Rift Between Sales and Marketing Undermines Reps

Harvard Business Review

It's no secret that sales and marketing executives don't always see eye to eye. In a recent Corporate Executive Board survey, sales executives' top terms for their marketing colleagues included "paper pushers," "academic," and perhaps worst of all, "irrelevant." Here are four rules Challenger marketing organizations live by: 1.

article thumbnail

Social Pressure Is a Better Motivator Than Money

Harvard Business Review

If your business objectives aren't linked to employee compensation, it sends a strong message that they aren't a real priority, and motivation is adversely affected. When business objectives are linked to compensation, motivation to drive for results is rarely meaningfully enhanced. The flip-side, however, isn't true.