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Structure Sales Compensation Plans That Can Fire Up Your Employees

HR Digest

Examples of business objectives can include market expansion, revenue growth, cost reductions or optimization, product development, etc. The most simple sales goal would be to hit a specific number of product sales every quarter to bring in the revenue. These can help build the sales compensation plans at the next stage.

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Tesla Shows How Traditional Business Metrics Are Outdated

Harvard Business Review

Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats. The solution to this, which I’ve written about previously , is to enhance share-of-market metrics with share of growth.

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Which Management Style Will China Adopt?

Harvard Business Review

For the United States and Germany, strong multinational corporations and technological innovation are the driving factors. innovation is driven by a can-do spirit and a healthy appetite for risk, with established corporations and startups introducing some of the world’s most important and game-changing technologies.

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How Likely Is Your Industry to Be Disrupted? This 2Ă—2 Matrix Will Tell You

Harvard Business Review

For the former, we examined the presence and market penetration of disruptor companies; we also considered incumbents’ financial performance. For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. Others are exploring subscription models.

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Megastores Want to Be Like Mom-and-Pop Shops… Sort Of

Harvard Business Review

These chains seem intent on undoing what national brands have worked so hard to achieve in the nearly 100 years that have passed since the first retail chains were established: consistency of product, brand image, and experience. They often also help their sources to scale production and loan them the capital to do so.

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Throw Your Life a Curve

Harvard Business Review

According to MĂ©ndez-GarcĂ­a, one of the best models for making sense of a non-linear world is the S-curve , the model we have used to understand the diffusion of disruptive innovations, and which he and I speculate can be used to understand personal disruption — the necessary pivots in our own career paths. Saturation is reached at 90%+.

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Jack Welch’s Approach to Breaking Down Silos Still Works

Harvard Business Review

Welch was convinced that the speed of globalization and technological innovation in the 21 st century would require companies to work very differently – with shorter decision cycles, more employee engagement, and stronger collaboration than had previously been required to compete. This was delaying product production.

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