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5 Modern Business Success Tips

Strategy Driven

Leverage Managed IT Services Modern businesses use technology to maximize efficiency and compete in their industry. As your modern business expands, your IT needs will increase. Outsourcing will free your IT team’s time to focus on core business objectives. Companies, now more than ever, depend on IT.

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The Power of an Enemy

In the CEO Afterlife

But don’t be so obsessed with them that you allow yourself to be drawn into an emotional price war. Winning at any cost is a signal that you have lost sense of the business objectives. Pillsbury pioneered this category with proprietary technology and had no direct competition. Know the enemy.

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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.

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Executives and Salespeople Are Misaligned — and the Effects Are Costly

Harvard Business Review

Companies fail to get the most out of the $12 billion a year they spend on sales enablement tools and the billions more on CRM technology. And hiring the right candidates also becomes a problem, especially as new buying processes, driven by online technologies, reshape selling tasks.

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New Lessons from Fighting an Ancient Disease

Harvard Business Review

We at Beckton, Dickinson saw the opportunity to marry public health and business objectives through our Global Health Initiative, which we established to find sustainable ways to fortify over-burdened and under-resourced health care systems in Africa, Asia, and Latin America. Redefine ROI.

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The Guru's Guide to Creating Thought Leadership

Harvard Business Review

Zeitgeist, German for "spirit of the time," is the complex interplay of economic, technological, political, and social forces that can determine which ideas will flop and which will fly in a particular moment. What Your Stock Price Really Means. Tune Your Idea to the Zeitgeist. Link the New to the Old. How Ethical Are You? More >>.

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Listen to Your Employees, Not Just Your Customers

Harvard Business Review

For example, if linked feedback loops helped to improve retention by even one percentage point, the savings on a subscriber base of 12 million ( Hulu’s current base ) with a typical monthly subscription price of $7.99, would generate an extra $11 million in annual revenue. Why don’t more companies do this?

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