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Three Key Strategies Any Business Can Adopt in 2016 to Boost Profitability

Strategy Driven

It is a competitive market in today’s economy. After 26 years since the creation of the businesses now have a number of methods and channels to distribute marketing and information about their products and services and are able to reach a varied and broad audience. Engage Customers. About the Author.

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Help Reluctant Employees Put Analytic Tools to Work

Harvard Business Review

A property-and-casualty insurance company, for instance, knew that business customers who invested in risk management were longer tenured and more profitable than others. They involve marketing in the rollout. Early in the process, you will want to assess the specific risks you are likely to encounter.

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Is Anyone Really Responsible for Your Company's Data Security?

Harvard Business Review

Protecting a company''s critical information is a value proposition. Losing that kind of information can mean a plunge in stock price and market share. So who''s responsible for information security in your company? Why Your CEO Is a Security Risk. Information & technology Managing uncertainty Risk management'

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How CMOs Can Work with CIOs to Gain Customer Insight

Harvard Business Review

But today, acquiring and interpreting customer data inherently must involve both the marketing and IT departments. In fact, recent research [PDF] conducted by the CMO Council, suggests that this process should start with the Chief Marketing Officer (CMO) and the Chief Information Officer (CIO).

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Who’s Managing Your Company’s Network Effects?

Harvard Business Review

But managing network effects as technology byproducts is a bit like treating cars as extensions of internal combustion engines; technically accurate, yes, but missing the larger purposes and points. Similarly, marketing loves the virality that social media and network effects facilitate.

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Embrace the Complexity of Cyber Defense

Harvard Business Review

Complexity science seeks to find the universal principles and mathematics underlying and unifying a wide variety of complex systems, including the Internet, biological systems, ecologies, markets, and economic systems, political systems, and societies. Why Your CEO Is a Security Risk. Beware Trading Privacy for Convenience.

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Companies Are Reimagining Business Processes with Algorithms

Harvard Business Review

In the early 1990s, executives and managers welcomed information technology — databases, PC workstations, and automated systems — into their offices. Managers noted historical trends and revised processes, and engineers developed code that was then baked into computing systems. times more likely to convert.