The Peter Principle is a concept in management theory that suggests employees are promoted until they reach a position where they are incompetent.
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Many people, including business owners, feel that reporting is a waste of time. When done correctly, however, reporting is extremely beneficial for all employees. Here’s why.
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Here is a quick rundown on the basics of continuous improvement and some ideas and tools you can immediately utilize.
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Here's a quick explanation of what variance management is and an explanation of its importance in the management process.
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Following up on all the work done is crucial to ensure that a job is completed. Effective follow-ups assist in evaluating if assigned tasks produce desired results.
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Introducing a set of standard operational processes can help navigate your business aspects. It will also make the workflow smoother and offer metrics to measure outcomes.
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StrategyX helps companies improve their task assignment strategies by providing powerful features. They impact business performance and employee productivity.
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Recurring tasks need to be taken care of as they’re part of the big picture – your company’s objectives. Using technology and smart management practices, you can get these tasks settled.
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Developing an operational plan aligns your business operations to your company's objectives. It helps you manage your departments and targets to maximize performance.
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We all know that the job market remains competitive, and many industries continue to suffer a talent shortage.
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Are you struggling to manage your company’s growth? Is your original plan no longer clear? Learn how to adapt your business plan and strategy now.
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A marketing plan can help you specify your target, tailor your reach-out methods, and drive up sales. It will also enable you to manage and use the resources effectively.
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Are you looking to improve your strategy execution? Discover the pillars of strategy execution, key examples, and top tips for success all designed to improve your business.
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3-way financial modeling helps you evaluate financial performance by deep diving into cash flow, P&L, and balance sheets. It assists your decision-making.
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Project prioritizing is one of the most challenging facets of being a leader— this article will help you prioritize projects based on their urgency and value to your business.
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How do you decide what happens next in your business? For leaders who want to experience business growth, the answers might not be obvious.
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Critical success factors are the factors used to measure, monitor and manage factors critical to a businesses success.Every goal must have a measure to determine its success.
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SWOT allows you to identify your company’s Strengths, Weaknesses, Opportunities, and Threats. Learn how to define one for your business.
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OKRs can help you achieve long-term success by aligning your departmental goals with your core objectives.
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One way to focus on a transformational leadership style is to automate transactional duties. Tools can help you with that and are much easier to use than you might imagine.
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Learn how to build a foolproof strategic plan for your business.
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Identifying and mitigating business risks from the start can set you up for long-term success.
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Developing your desired company culture is an iterative process. Learn how you can develop it within your company.
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This handy guide and accompanying tips can be a useful aid in developing your company values statement. Read on for advice on how to do it.
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Setting the right company goals is crucial and helps steer the company in the right direction. Learn how to set yours right.
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Writing a business plan can be difficult if you don't know what you're doing. Read on and learn how to write a business plan outline here.
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A mission statement is one of the pillars of your business because it strengthens your focus and guides your decision-making.
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Discover 4 easy steps to writing an effective vision statement, in this handy guide.
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One way to future-proof your business is to focus on developing core competencies.
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Scoreboards are critical for the effective management of any business, but not enough people use them. Find out how to set up scoreboards to help you achieve your goals.
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Understanding your core business is essential to improving the way you generate revenue today and the way your business will generate revenue well into the future
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Research shows the vast majority of CEOs and business leaders are not good at both strategic planning and strategy execution. That’s a problem.
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StrategyX is perfectly architected to help start-ups avoid common mistakes in their business.
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StrategyX provides support to lay the foundation for your business and help you stay motivated and engaged with your strategy.
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Efficiency is one of the most important elements of a successful business, especially for growth. Find out how to focus your energy where it counts most.
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What makes StrategyX different from other business software platforms? The guiding principle behind our software is that effort is just effort if you don’t get results.
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“ X” marks the spot on a treasure map. Consider Strategy X your map. Your treasure? A successful business. Whether you own your own start-up or you manage a large corporation, your company’s future depends on what you do today.
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The whole idea of starting your own business is great, and you would finally be able to own a company. BUT, according to business statistics, only about half of new businesses survive for about five years, and only about one-third of the re
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How to Develop a Strategic Plan: Giving Voice to Your Vision. Clarity is paramount to success. In life. In business. Having a clear goal and the way to accomplish it is the single most key element of growth—and one that so many people lac
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In this article, we will look at a proven model which will help any group or organisation to achieve its goals. If you own a business or manage a team, then you will be no stranger to team goals and objectives. Whatever business you are in,
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Every CEO is responsible for several Key Result Areas (KRAs) of business like Financial (Economic) Performance, Human Resources, Marketing and Sales, Risk Management, Leadership and Management, Customer Satisfaction and Quality, Social and
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