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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Economic uncertainties, recessions, and unforeseen disruptions can shake the foundations of even the most robust enterprises. The company, with its 100% commitment to remote work, today generates more than $400 million per year in sales revenue.

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business

These challenges forced BioLite to reevaluate our approach and customize our sales methods to a market that demands an entirely different way of doing business. It was a good idea in theory, but ultimately it was too passive as a sales approach: Simply placing our HomeStove on a shelf did not lead to uptake. Here’s the thing.

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6 Steps to Make Your Strategic Plan Really Strategic

Harvard Business

I was buried in the enterprise.” It can even involve immersing yourself in the stakeholder experience by going through it, e.g. the senior executives of an airline might travel at the back of the plane to get a feel for what economy passengers experience. It was seat-of-the-pants stuff. But methods can be learned.

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Why consulting?

Management Consulted

” “I was working in a wine shop during my undergrad and started to realize that I was able to close more sales by being a trusted advisor to my client rather than acting like a sales rep. The perks were fantastic – travel to new locations, work in different industries, client pays for the travel.

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How to Integrate Data and Analytics into Every Part of Your Organization

Harvard Business

D&A should be the pulse of the organization, incorporated into all key decisions across sales, marketing, supply chain, customer experience, and other core functions. Start by developing a strategy across the entire enterprise that includes a clear understanding of what you hope to accomplish and how success will be measured.

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There Are 4 Futures for CMOs (Some Better Than Others)

Harvard Business

For companies, this requires an unprecedented level of integration and coordination across every business unit, from sales and marketing to customer service, and across physical and digital channels. This is a break from the traditional paths of finance, sales, and operations to the top spot. Up : CMOs are promoted into new roles.

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4 Ways Leaders Can Get More from Their Company’s Innovation Efforts

Harvard Business

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. Yet every enterprise is essentially a square-peg business waiting for a round-hole world.

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