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What Sales Teams Should Do to Prepare for the Next Recession

Harvard Business

In the 2001 recession, total sales for the S&P 500 declined by 9% from its pre-recession peak to its trough 18 months later—almost a year after the recession officially ended. We’ll focus here on what the sales organization should be doing now to prepare for the next recession, with an eye toward using new digital tools.

Sales 33
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Home Prices Drop in 69 of 70 Chinese Cities; Did the Pool of Greater Fools Run Out?

MishTalk

Bloomberg reports China Home-Price Drop Spreads as Easing Doesn’t Halt Fall. Home sales slumped 11 percent in the first nine months of this year. Developers will keep prices attractive as they open more projects toward the end of the year to meet sales targets, boosting supply and increasing competition, Ping An Securities Co.

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WalMart Margins Set to Plunge? Will Rest of Retail Follow? What About Jobs?

MishTalk

Retail sales reports on Wednesday have me thinking about the strength of the economy, commercial construction, jobs, and profit margins. Let''s start with a look at retail sales. The Wall Street Journal reports U.S. Retail Sales Falter Amid Signs of Global Slowdown. percent decrease followed a 0.6

Retail 71
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Hey Janet, It's July 15!

MishTalk

She didn't provide more specifics about the timing of the first hike in the Fed's benchmark rate since 2006, reiterating that it will depend on the progress shown by the economy and labor market. A quick check of the FOMC calendar shows Fed policy meetings on July 28-29, and September 16-17. Retail sales are dismal.

Retail 28
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How Morale Changes as a Startup Grows

Harvard Business

One cohort reports 0%–20% year-over-year annual revenue growth rates; the second is a faster-growing group experiencing 20%–200% year-over-year growth. So the leaders decided to use their next “all hands” meeting to respond to anonymous AMA (Ask Me Anything) questions, and committed to addressing every point.

Culture 35
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The CMS Five-Star Quality Rating System is Changing. Here’s How to Stay on Top

1 to 1

Plans that are awarded four or more stars earn a 5% bonus on CMS payment benchmarks, as well as higher rebates which are used to provide better member benefits. McKinsey & Company estimated in a report that in 2020, MA plans in aggregate received around $12.2 billion in stars-related payments. No time to lose.

System 26
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How One Company Made Its Analytics Investment Pay Off

Harvard Business

The ABU was set up as a centralized profit center with ambitious targets and with direct reporting to the chief operations officer; most often, similar units are organized as cost centers with no specific targets. An annual report that summarizes every profit-generating analytics project is compiled and distributed to the C-suite.

Company 28