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Research: When Retail Workers Have Stable Schedules, Sales and Productivity Go Up

Harvard Business

Increasing staffing, they found, could increase sales and profits. These extra hours were not part of the manager’s labor budget and were only given to the stores that were identified as likely to increase their sales by Co-PI Kesavan’s analysis. More-stable scheduling increased sales and labor productivity.

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Why Reducing Stress Stabilises Your Profits

Tom Spencer

The American Institute of Stress in 2014 estimated that around $300 billion is lost each year in America due to stress related absenteeism and health costs. His aim is to help small businesses professionalise by filling in the missing gaps that are holding them back, whether marketing or administration, sales or bookkeeping.

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The Lie That Perfectionists Tell Themselves

Harvard Business

Meb Keflezighi, 2014 Boston Marathon winner, associates the connection between speed and form (i.e., quality) with his 2014 win: “If it wasn’t for form, I don’t think I would have won. The real goal of all work is impact — whether it be impact on sales, profits, or one’s community.

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For Some Platforms, Network Effects Are No Match for Local Know-How

Harvard Business

Three months after the sale, in June 2018, Toyota decided to pour $1 billion into Grab, in a bid to expand other offerings in the region including food delivery and electronic payments. During this time, management noticed that proprietors who placed ads with Recruit often represented small businesses.