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5 ways to foster motivation in employees

HR Digest

The key to running a good business is having motivated workers who push your product and services out there in the market for better returns. Have a meaningful discussion with the employees in creating simple goals that align with the company’s mission and how to achieve them. Posting KPI results monthly will allow you to achieve this.

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Developing Performance Measures

Strategy Driven

Performance measures will have to be curated to the unique environment in which your company operates, the markets you’re operating in and the specific challenges of your sector. Without KPIs businesses are adrift, lacking a sense of their direction and performance. Let’s take a look at how to effectively develop performance measures.

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Making as Many Sales as You Possibly Can During Difficult Times

Strategy Driven

Of course, learning how to code and learning what kind of design works is a long and difficult process. They’ll know what to put where and how to combine everything together to create something that is on brand and beautiful. Don’t simply assume that everyone will figure out how to use it.

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8 Reasons Companies Don’t Capture More Value

Harvard Business Review

Profit maximization (short-term): A shipping company increases freight rates by 50% to benefit from a capacity shortage in the market, even though doing so will strike customers as exploitative and damage loyalty. The most prevalent tension to resolve is between market share (or sales revenue) and margin.

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4 Ways to Build a Productive Sales Culture

Harvard Business Review

If we use an automobile analogy, sales efficiency (SE) initiatives — like CRM, training, and KPI dashboards — improve the engine’s horsepower. Companies tend to do plans by business unit, regardless of the firm’s go-to-market approach (which often spans business units). The issue is not lack of data.

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The Right Way for an Established Firm to Do an Innovation Pilot with a Startup

Harvard Business Review

How to make your company more nimble and responsive. Technical people hope the pilot effort will seamlessly interoperate with existing tech infrastructures and processes, while business folks look for efficiencies, better customer experience, and KPI alignment. Explicitly align any insights gained to KPI improvements.

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Strategic Planning Steps

CO2

It’s better to explore many possible outcomes, barriers, and opportunities, and pre-decide how to act should key assumptions come to pass. You’ll know how to act no matter what the future holds. Agree upon what data to collect, how to collect it, and how to use it. The more democratic the process, the better.