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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Adopt Conservative Financial Management Maintaining the financial health of a business is paramount if one hopes to thrive during periods of economic challenge. He studied Industrial and Labor Relations at Cornell University.

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Hidden Heroes: Business Operations in Companies of All Sizes

Tom Spencer

Business operations teams play a critical role in the success and growth of both big companies and small startups. Let’s explore the role of business operations teams in greater detail for both big companies and small startups.

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Managing Meetings: How to Drive Productivity and Success

Tom Spencer

Whether you are in consulting, strategy, operations, or product management, the ability to manage meetings effectively is a crucial skill that can significantly impact the success of your endeavors. This is especially relevant in product management, where decisions often involve cross-functional collaboration.

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The 3 Pillars of an Effective Data Management Strategy: Monitoring, Tracking, and Reporting

Strategic Planning and Management Insights

SME Strategy is a strategy consulting firm that specializes in helping organizations align their teams and operations around a shared vision, mission, values, goals, and action plans. However, without a data strategy , the likelihood of achieving successful outcomes is greatly diminished.

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Adapt Your Strategy to Higher Interest Rates

Harvard Business

Companies that integrate the cost of capital into their strategy and planning reap real benefits. With the cost of capital back to normal levels, it’s simply irresponsible not to make it a management discipline that changes the way you do business. When something is cheap, people waste it.

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Why Isn’t Your Strategy Sticking?

Harvard Business

It’s insufficient to just share the goals and objectives of your strategy and hope implementation will succeed.

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5 Benefits of Internal Strategy vs Consulting

Tom Spencer

years in management consulting, I transitioned to a Fortune 50 US company in an internal strategy role. Before outlining the benefits of internal strategy, I want to highlight a few things: I generally enjoyed my time as a consultant and view the firm I left with high regard. Internal strategy isn’t for everyone.