This blog was written by guest blogger, Jonathan Herps
Guest Post by Sara Estes, Content Marketing Manager at Pendo
Blog written by Guest Blogger, Eskinder Assefa
One of the toughest challenges CEOs face is finding effective ways to align teams and keep them aligned as their company grows. High-growth companies must have teams that are continuously aligned and work cohesively on what matters most.
Misalignment is Practically the Norm
When Rebecca Homkes, strategy expert and teaching fellow at London Business School, and MIT Sloan School senior lecturer Don Sull set out to study how strategy plays out in more than 400 companies, they got a surprise. The research team started off by asking more than 11,000 senior managers what was supposed to be an easy question: What are your company’s top three to five priorities?
Our guest blogger today is Howard Cox, CPA, CMA, CIA. Launching his career with a Big Four firm in 1983, Howard established his own practice just four years later—and, in late 2001, merged his independent CPA firm into Somerset CPAs and Advisors' operations. Currently, Howard focuses on general Business Advisory, Mergers and Acquisitions and PPACA Compliance engagements, and also conducts informative presentations for clients, as well as outside events.
The quality of business performance is dependent on the quality of management decisions. The quality of management decisions is dependent on the quality of management information.
Strategy is about focus. Customers are a key element of effective strategies. Optimal allocation of finite resources towards appropriate customer focus can only come from customer knowledge. Therefore, having a deep analytical understanding of relative customer profitability is a critical prerequisite to annual or quarterly strategic thinking.
Written by Guest Blogger James Daily
Some teams are highly successful; others are abject failures; some are just mediocre. And there has been a lot of research done on the differences.
Written by Graham Couling of www.braindropsmarketing.com
Graham Couling is a marketing manager and consultant that specializes in current small business marketing strategies that are practical and effective.
When I was in business school, the “4 P’s of Marketing” were repeatedly jammed into my head, day after day. Many courses, ranging from economics to organizational behavior, had reference to the “4 P’s of Marketing.” If you are not familiar with the 4 P’s, they are product, price, placement and promotion. Essentially, all aspects of any organization need to consider these important fundamentals when operating their business.
Written by Meredith Wood, Editor-in-Chief of Fundera
As the CEO, you’ve either started and cultivated your own company, or worked hard to climb the ranks. Maybe you’re not the CEO, but another chief-level executive. Regardless, you’re held partly accountable for the success of the company. Looking back, can you distinguish a single action that led you to this position?
It’s possible that you took the traditional route: graduated high school, attended college, received an undergraduate degree, landed a full-time job, and even pursued another degree or two. Maybe you drew inspiration from Bill Gates and Steve Jobs, deciding that dropping out of school was the only way to pursue your passion. You might even have a degree from a prestigious Ivy League university.
Written by the Blue Ocean Team
As a middle market firm, don’t fall into the trap of going up against the biggest established players in your industry. Instead, you should be focusing on creating new markets.
Plenty of successful middle market companies grow fast without going head to head with the competition at all. To take your middle market company to the next level, learn to shift from competing to creating, and grow your business by offering unprecedented value to your buyers. Chan Kim & Renee Mauborgne show you precisely how to achieve this in their recent New York Times bestseller Blue Ocean Shift. Here we provide a quick snapshot to get you started.