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Why Knowing Your Customers’ Needs is Key to Business Success

Strategy Driven

In this article, we’ll take a look at how to develop a richer understanding of your customer base. A deep comprehension of your target audience forms the basis for crafting effective marketing strategies, developing appealing products and services, and fostering long-lasting relationships with your clients.

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New Approaches to Leadership Development: A New VUCA Filter

Great Leadership By Dan

Action Item: Set up focus groups and ask employees how they stay informed about the company. By following the redefined VUCA “people” competencies, your leaders will build a culture of loyalty and respect. Lorraine is president of the consulting firm Lessons in Loyalty. In this way, everyone will be on the same page.

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5 Leadership Lessons for Every Entrepreneur

Strategy Driven

Accomplished entrepreneur Kenny Smith , a former NBA player who won two consecutive championships with Houston Rockets, has been given the National Civil Rights Museum Sports Legacy Award for his services, including teaching the use of sports to develop valuable leadership skills.

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For the L of It: Leadership and Love

The Practical Leader

As someone in a focus group quipped, “The most dangerous place in this organization is at the exit door around quitting time. ” In another organization, I was facilitating a development workshop with a few “prisoners” as participants. You’ll get trampled.” You must earn these.”

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Easy Ways to Encourage Customer Retention

Strategy Driven

When you have repeat customers and genuine loyalty, you know that what you have to offer is just what your customer base is looking for. And, when this happens, you don’t need to worry so much about figuring out ways to appeal to more people or different groups. Another way to gain customer feedback is to run a focus group.

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Engage Employees Using Customer Service Tactics

Harvard Business Review

These efforts earn these companies deep, long-lasting customer loyalty. Employee focus groups identify key themes and issues, and employee teams help develop solutions, which they present to store management. It shouldn't be surprising that the same basic techniques for earning customer loyalty also work with employees.

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What Data-Obsessed Marketers Don’t Understand

Harvard Business Review

Data can play a leading role in developing strategy and bringing precision to execution, but it does nothing — absolutely nothing — to stir motivation and create the desire that makes cash registers ring. It uses focus groups and advanced ethnographic techniques to tune in to the voice of the customer.