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Know Your History, Purpose and Direction

CoachStation

If you have not had the opportunity to view or read any of Simon Sinek’s material regarding marketing and to ‘ Start with Why ‘, I highly recommend you spend a few minutes doing so. Sounds simple, but what Sinek found is that most companies do their marketing backwards. How – This is how the business fulfills that core belief.

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35 Under 35: Stephanie Niven (Javelin Capital)

First Friday Book Synopsis

Here is an excerpt from a profile of Stephanie Niven written by Cleo Thompson (London), founder of The Gender Blog, for The Glass Hammer, an online community designed for women executives in financial services, law and business.

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Everybody Loves Bob – Faster Cheaper Better: The 9 Levers for Transforming How Work Gets Done

Strategy Driven

Hershman and Dr. Michael Hammer. For well over a century managers have achieved increasing productivity on ever larger scales by dividing and subdividing work into smaller and smaller units. Michael Hammer was a bold and revolutionary thinker, the coauthor of Reengineering the Corporation, the most important business book of the 1990s.

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Small Business Cash Flow Management: Why It’s Important and How to Deal With Problems

Strategy Driven

The businesses that fail to manage cash flow effectively are often doomed to failure. Read on to find out why cash flow is so important and how you can manage it effectively. Keep money set aside for opening new premises, buying new stock, and marketing to new clients. Examples of Cash Flow Management Problems in Business.

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Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Harvard Business Review

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” At the start of my public seminars on strategic planning I ask attendees, who rank from board members and CEOs to middle management, to write down an example of a strategy on a sheet of paper.

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Balancing Push and Pull Approaches to Improvement

Harvard Business Review

An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers. In other words, this camp favored a bottom-up pull approach, although it would have allowed for a few experts and training focused on managers and supervisors as part of their jobs.

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My First, Failed Foray into Venture Investing

Harvard Business Review

But because we failed to hammer out exactly how we would operate (including our respective roles and responsibilities), infighting distracted from operating, cash became a concern, and the business slowly, then quickly, imploded. My husband and I lost a painful lot of money. It was devastating. Lesson 1: Set clear boundaries.