Wakeman Consulting Group: Dave's Blog

MARCH 13, 2023

Dave In the current uncertain environment, DAVE WAKEMAN advises how business owners can assess and adapt their management strategy. All of this thinking over the last few months has enabled me to put together a few ideas on managing your business strategy through this particular VUCA environment. Are we in the rough middle stages?

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Wakeman Consulting Group: Dave's Blog

FEBRUARY 5, 2023

My research on pricing taught me that 69.6% of respondents wanted to know more about pricing strategies. I was putting together a lecture for Ken Troupe’s Sports Revenue Class and as part of the lecture, I jotted down a few pricing strategies. You receive. Let me share them with you this morning. The downsides are many.

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Strategic Planning and Management Insights

MARCH 6, 2023

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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Tom Spencer

JANUARY 12, 2019

What I’m going to do in this post is to give two examples of conclusions to the same case interview: one okay conclusion and one great conclusion. Jason Oh is a management consulting professional at Novantas, specialized in financial services strategy consulting. Okay Conclusion. So, I think we should at least check this out.

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LSA Global

OCTOBER 1, 2022

Not All Sales Leadership Scenarios Are of Equal Value Top sales leaders outperform their peers when it matters most. Knowing how to handle specific sales leadership scenarios can make the difference between sales success and failure for big deals and for sales team engagement.

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Tsavo Neal

MAY 20, 2019

EXAMPLE CONSULTING WEBSITE: David C. EXAMPLE: Whizard Strategy. Mark Mitchell helps building materials companies increase sales. Your consulting website is a marketing and sales vehicle. EXAMPLE: Val Geisler. In this consulting website example, notice the buttons. It’s a win-win. Now, ask yourself….

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LSA Global

MAY 5, 2020

Every High Performing Sales Leader. Being a high performing sales leader is not easy. Sales leaders are responsible for building and scaling the sales team, designing meaningful compensation plans, training and onboarding new hires, and simultaneously meeting quarterly revenue and margin targets.

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LSA Global

JUNE 21, 2022

Confidence in Sales Experienced sales managers know that their sales teams need competence and confidence to succeed. Sales team confidence needs to be high. Here’s a research study from our microlearning experts that we weave into our customized business sales training workshops that answers that question.

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Tom Spencer

SEPTEMBER 7, 2014

Growth strategy begins with identifying the source of the problem – you will want to look at customers, products, the company and its competitors. They want to develop a growth strategy for the next five years. For example, they might be senior citizens and middle aged women. Source: Culturamix ).

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Tom Spencer

JUNE 9, 2023

For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior. These systems can suggest relevant products that customers are likely to enjoy.

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LSA Global

OCTOBER 20, 2022

Two Starkly Different Calls – Which Has the Mindset for a Better Sales Call? Here are two very different sales calls from our sales management workshop. Top sales leaders understand both perspectives. But lately, your sales prospect has gone dark. Call Number One: You are the seller. What’s the Point?

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LSA Global

MAY 19, 2022

Almost every business sales training program teaches how to ask effective sales questions. You need to know how sales questions build rapport with customers. For example, suppose that a buyer says, “I’m worried about meeting our growth targets.” So, Chelsea, tell me about your after-sales support,” he says. “No

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Steve Shu Consulting

APRIL 26, 2010

It is atypical for me to write a book review for this blog, but Nilofer Merchant’s “ The New How: Creating Business Solutions Through Collaborative Strategy ” is very respectable contribution to both audiences of this blog and the process of strategy development in general. through customized, experiential learning sessions.

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Makarios Consulting

DECEMBER 13, 2023

The CEO brought in a new head of sales. We’ve got to hit 25% sales revenue growth this year. The head of sales got on it. She allocated some time and resources to hunt for new clients, but focused primarily on farming existing accounts to expand sales, capitalizing on the company’s reputation and relationships.

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Tom Spencer

OCTOBER 19, 2019

Pricing strategy is one of the easiest levers CEOs can pull to increase revenues in their company. Pricing Strategy Case Framework. superior after-sale service, Gucci brand, etc.)? A recent example of this is UberEATS and DoorDash in Canada. Overall strategy. Competitor-based pricing.

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Case Study Case Studies Study Strategy 60

Successful Independent Consulting

NOVEMBER 30, 2023

Example: The initial image for this article was of a female assistant so I changed the prompt to “non-human assistant.”] Use prompts like "Generate ideas for improving client engagement" or "Brainstorm innovative strategies for project XYZ." Be aware of nuanced biases, especially in areas like HR, where language precision matters.

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Brimstone Consulting

JANUARY 13, 2023

Your strategy needs to consider current and future sustainability and ESG rules and regulations and market realities. Compliance with rules and regulations at the local, state, federal, and international levels has already begun and will continue to impact corporate strategy. The impact of these rules and regulations is far-reaching.

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LSA Global

MARCH 9, 2018

Wouldn’t it be nice to know the traits of successful sales managers? Sales managers have an awesome responsibility. They must motivate their team to achieve very concrete sales targets and do so under the constant pressure of executives who are impatient with excuses and for whom failure is no option. The Job of a Sales Manager.

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Steve Shu Consulting

JUNE 30, 2010

From a strategy perspective, the approaches are well-structured and remind me of timeless, Michael Porter-esque classics. Yet the book goes beyond the classics and uses examples in the book that are cutting-edge, modern, timely, and technology-rich. But a better strategy is to start by thinking about “why” people purchase.

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LSA Global

DECEMBER 8, 2019

Sales Training Design Best Practices Matter. Sales training design best practices matter a great deal. Why go through the expense, effort, and time to provide business sales training for your sales force if it is does not improve sales performance? 12 Sales Training Design Best Practices.

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Tom Spencer

NOVEMBER 3, 2018

Here are 7 e-commerce marketing techniques to boost your online sales. Although 82% of B2C and B2B companies use email marketing strategies, only 28% of consumers actually wish to receive promotional emails more often. For example, you can use APIs to lower the cost of running an online shop and increase customer retention.

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Business Consulting Agency

JANUARY 21, 2024

Recognizing the Need for Expertise Challenges Faced by Companies: Entrepreneurs and companies often encounter challenges such as stagnant growth, low brand visibility, or ineffective marketing strategies that fail to generate the desired ROI. The statistics and real-world examples underscore the transformative power of marketing consulting.

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LSA Global

OCTOBER 11, 2019

What Is a Sales Playbook? Like a playbook in sports that plans for the most frequent and most important in-game situations, a sales playbook is a unique collection of sales scenarios, strategies, plans, tactics, and tools to help a sales team consistently win when the stakes are high. Sales Strategy.

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Consulting Matters

DECEMBER 16, 2022

The overall organizational system includes three primary systems: The business strategy is all about WHAT the organization wants to accomplish. The organization strategy is about HOW the organization will achieve its business strategy. The people strategy is about the WHO.

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Management Consulted

JULY 22, 2013

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one?

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Tom Spencer

APRIL 21, 2023

For example, in a retail setting, let’s say a fashion clothing client wants to understand the purchasing behaviour of their customers. Consultants are still needed to interpret the results, identifying key trends and patterns, and making recommendations that can help the client to increase sales and customer satisfaction.

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LSA Global

AUGUST 28, 2019

Sales Training without Reinforcement Should Be Unacceptable. Based upon over 800 sales training measurement projects, we know that sales training by itself – even if it is highly customized – only changes the on-the-job behavior and performance of 1-in-5 sales reps. Sales training reinforcement.

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LSA Global

JANUARY 15, 2024

A Strategic Guide to Territory Management and Account Management Much like a chessboard where each move matters, sales leaders must carefully orchestrate sales strategies to optimize revenue growth, profitability, and customer satisfaction. What Is Sales Territory Management? When Do Sales Territories Make Sense?

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Tom Spencer

OCTOBER 6, 2023

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. Image 2: Illustrative example of a bank’s non-interest income 3.

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Steve Shu Consulting

MARCH 23, 2011

I’ve had the opportunity to incubate and/or reboot the management, sales, marketing, and delivery for a number of these types of consulting practices, and they definitely face a number of issues that are unique from independent consulting firms. subsidized by product sales). subsidized by product sales).

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1 to 1

APRIL 20, 2021

To better understand how a salesperson can expand their playing field to the next level we met again with TTEC’s chief revenue office Judi Hand to explore 3 strategies your team can apply now. The COVID-19 pandemic was a defining example of this strategy. Act on urgency. Buyers act on urgent, they don’t act on important.

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Sales Sports Trends Industry 26

LSA Global

MAY 3, 2018

Pre-Call Sales Planning Meeting Questions Matter. The varied amount and inconsistent quality of pre-call sales planning creates a wonderful opportunity for hungry sales teams to outperform their peers. Buyers Expect More from Sales People. Much of the poor track record comes down to a lack of sales preparation.

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Tom Spencer

JULY 6, 2014

Three strategies to achieve above-average performance: cost leadership, differentiation, and focus. In order to understand Porter’s Generic Strategies, it is helpful to take a step back and examine the two things which determine a firm’s profitability in the long run. Figure 2: Three Generic Strategies. Source: Flickr ).

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Harvard Business

NOVEMBER 8, 2016

Outbound B2B sales are becoming less and less effective. In fact, a recent survey found that connecting with a prospect now takes 18 or more phone calls, callback rates are below 1%, and only 24% of outbound sales emails are ever opened. Why are more and more buyers avoiding salespeople during the buying process?

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LSA Global

JANUARY 28, 2019

Top 4 Sales Leadership Mistakes to Avoid – Complex Sales Can Be Complicated. Are your sales reps fully prepped to win? Are your sales reps fully prepped to win? Top 4 Sales Leadership Mistakes to Avoid. We work hard to address the specific needs of our sales clients. Sales leaders set the example.

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Tom Spencer

MARCH 10, 2023

For example, in the financial industry, AI can be used to detect fraud, predict stock prices, and manage risk. This allows consultants to focus on higher-value activities such as problem-solving, strategy development, and client communication. In the healthcare industry, AI can be used to assist in diagnostics and drug discovery.

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Consulting Matters

JANUARY 7, 2019

Use Examples of What You Do that Relates to Their Situation ( Goal: Make your value proposition relevant to them). So forget sales - let's master partnership set up: First, guide your future client towards articulating and quantifying their business performance gaps and the value they hope someone like you can bring to the table.

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