Wakeman Consulting Group: Dave's Blog

DECEMBER 16, 2022

Research: Remember this: Market research is a proactive activity built on developing a hypothesis of the market or asking a question that you are looking to answer. Second, build a strategy by understanding what you will and won’t do. Brand Strategy is three questions: a) Who are we targeting? Now do your brand.

Sports 59

Sports Marketing Research Strategy 59

1 to 1

AUGUST 9, 2021

Yet, in many businesses, there is often some overlap and confusion over what defines the roles of a front office and back office, making it difficult to prioritize an area for greater efficiency and productivity. Other front-office departments may include public relations, marketing, and the contact center. What is the front office?

Efficiency 26

Efficiency Productivity How To Operations 26

Asamby Consulting

MARCH 17, 2022

New and innovative products have brought economic growth, communication and educational accessibility, and environmental sustainability to the advancement of society. Improved Productivity In order to improve productivity, you should streamline what you need to focus on and what you need to cut out.

Company 52

Company Productivity Operations Meeting 52

Harvard Business

JULY 31, 2017

Digital technology has been roiling markets and disrupting companies for more than two decades, but despite that lengthy history, incumbents are still struggling to enact and deliver on digital transformations. We then classified companies based on the digital strategy they were pursuing. To do so, we outlined six digital strategies.

Strategy 28

Strategy Strategy Strategy& ROI 28

Rick Conlow

MARCH 22, 2023

When I got to my hotel, the clerk seemed annoyed with me. Websites that are unresponsive or marketed products that are unavailable. As a result, I live the best and worst customer experience’s companies have to offer. The poor examples outnumber the good. For example, recently I was going from Minneapolis to NYC.

Survey 98

Survey Training Training Bain 98

Wakeman Consulting Group: Dave's Blog

MARCH 1, 2023

What I found was that I love loyalty programs because they are rewards and touchpoints that keep folks engaged with your products, services, or, in my case, often, teams. P.S. I’d say that one program’s changes that do seem to have had an impact on purchase habits were the changes to the Marriott Hotels Bonvoy program.

Hotels 59

Hotels Travel Data Survey 59

Tom Spencer

JUNE 9, 2018

It is cliché to talk of Airbnb as the hotel company with no properties, or Uber as the taxi company with no cars. In 2018, marketplace platforms – products or services that mediate transactions in other products and/or services between two or more groups – are ubiquitous in many industries. One step at a time?

Advertising 74

Advertising Operations Retail Examples 74

Organizational Talent Consulting

JULY 24, 2023

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). million per launch. & Gołembski, G.

Culture 52

Culture Leadership Journal Study 52

Wakeman Consulting Group: Dave's Blog

JANUARY 8, 2023

Pricing is one of those things I stumbled into when I was a young marketer. I understood the power of marketing to sell stuff, but I never knew the power of pricing to drive profit, grow brand power, and establish market dominance until I got involved in nightclubs. Shouldn’t that come with a premium?

Hotels 52

Hotels Marketing Groups Productivity 52

Martinka Consulting

NOVEMBER 15, 2017

It’s interesting, and a bit sad, to see town car drivers waiting and waiting and waiting outside of hotels as Uber and Lyft cars come and go with passengers. Speed to market, speed to getting in front of customers, to getting the job done. And it’s not just technology. Often it’s speed.

Hotels 40

Hotels Industry Productivity Consulting 40

Harvard Business

APRIL 11, 2018

Scented environments have been shown to reduce typos made by office workers ; improve the perception of product quality ; increase purchase intent , average unit sales , and duration of a retail visit or stay among consumers; and boost the willingness of consumers to pay more for a product. Ad agency J.

Hotels 28

Hotels Real Estate Retail Productivity 28

Martinka Consulting

OCTOBER 25, 2014

.” I had a client buy a great business because the owners expanded into another market, it didn’t work, but they wouldn’t cut their losses. Don’t worry if they’re extremely talented, have solid customer relationships, have a wealth of product knowledge or anything else. ” Muhammad Ali. .”

Hotels 40

Hotels Sports Culture Talent 40

Tsavo Neal

MARCH 30, 2017

These best consulting blogs offer bite-sized reads packed with actionable tips and strategies for consultants. Rather than blogs focused on a particular consulting industry, I’m listing blogs that are focused on business development, marketing, and sales for consultants and independent professionals.

Consulting 120

Consulting Journal Marketing Resources 120

Martinka Consulting

OCTOBER 24, 2014

I had a client buy a great business because the owners expanded into another market, it didn’t work, but they wouldn’t cut their losses. Don’t worry if they’re extremely talented, have solid customer relationships, have a wealth of product knowledge or anything else. Get rid of the people causing the problem.

Hotels 40

Hotels Sports Culture Talent 40

Harvard Business

AUGUST 18, 2016

On a recent business trip to London, I surprised the conference organizers by turning down the opportunity to stay at the posh hotel hosting the conference in favor of a rather modest Airbnb flat. The hotel was clearly much more luxurious. That makes Airbnb more valuable than most of the leading hotel chains in the world.

Hotels 28

Hotels Conference Transportation Productivity 28

Management Consulted

FEBRUARY 5, 2017

Compensation and benefits are on par to the market, but not adjusted for NYC living (so for take-home pay you might be better off in Atlanta or Dallas as a young McKinseyite, unless the magnetic draw to the Big Apple is just too much). Before the acquisition of Parthenon, consulting at EY was really synonymous to Advisory (not strategy).

Consulting 157

Consulting Deloitte Bain McKinsey 157

Harvard Business

NOVEMBER 12, 2018

A new study out by Spencer Stuart shows an insane number of chief marketing officers who’ve been fired during 2018. I served as CMO for Deloitte Consulting and then Starwood Hotels & Resorts, and when I have coached executive teams through transformations, I’ve seen many teams at an impasse with their CMO.

How To 34

How To Sales Marketing Productivity 34

Harvard Business

JULY 14, 2017

They grow faster, make more money, and are more valued than companies organized around products and services. A production process turns inputs into outputs and distributes them through a tightly controlled supply chain. Value is in the products and services themselves. We normally think of people as something to be managed.

Intellectual Property 28

Intellectual Property Strategy Strategy Strategy& 28

Martinka Consulting

SEPTEMBER 14, 2016

When visiting my mother-in-law, we stayed at the Intercontinental Hotel. More likely it’s someone too busy (this is a popular business hotel), doing too much in too short a time, and she simply forgot she had things in the safe. As we went to put things in the safe it wouldn’t open. It was locked. Here’s what I mean.

Hotels 40

Hotels Engineering Industry Examples 40

MishTalk

JUNE 6, 2014

After close to 30 years of doing this job I am realizing that energy is everything in explaining growth, investment, sentiment and market returns. Understand energy and its marginal price of production and its delivery and you have the keys to predicting the world. A French reporter was wounded recently near Slaviasnk. It''s pathetic."

Energy 73

Energy Hotels Report Policies 73

LSA Global

MARCH 1, 2021

Companies that differentiate themselves from the pack create a competitive advantage and improve their ability to make smart choices about how to market, price, prospect, sell, win deals, serve clients, and allocate resources. Do We Have Enough Cost Leadership? Do We Do It Faster Than the Competition?

Examples 36

Examples Hotels Airlines Company 36

Harvard Business

JANUARY 3, 2017

Retailers such as ALDI and Walmart have used price to position themselves against traditional competitors in their markets, pinching margins all around. Financial asset managers have been out-price-cutting one another in exchange-traded funds in a bid to gain market share. All too often they don’t. Improving perception.

Retail 44

Retail Survey Bain Comparison 44

Harvard Business

FEBRUARY 7, 2018

We also supplemented the survey with well-known brand rankings, Net Promoter Scores (NPS), and an analysis of their marketing expenditures and strategies. The whole focus is getting you to buy the product with samples and professional makeovers. Vail Resorts remade their entire marketing strategy with a program called EpicMix.

Advertising 28

Advertising B2B Survey B2C 28

MishTalk

AUGUST 27, 2013

We are now planning for a month or three months at best unlike six months or a year earlier," said Shantanu Dasgupta, vice president for corporate affairs and strategy at Whirlpool of India, the local arm of Whirlpool Corp (WHR), the world''s largest home appliance maker. "A

Apparel 76

Apparel Finance Hotels Enterprise 76

Harvard Business

MAY 5, 2016

But peruse some of the recent headlines about Iran , and you might wonder whether the market’s potential was overstated. However, despite a weakened economy, political tensions, market uncertainty, and the lingering effects of sanctions, Iran remains an important opportunity for multinationals in emerging markets.

Tourism 28

Tourism Banking Hotels Financial 28

CaseInterview.com

MARCH 30, 2020

In the months after the stock market crash of 2008, many of those rocket scientists were laid off. The month before the crash of 2008, Las Vegas (which had a wildly speculative residential real estate market) had 40,000 mortgage brokers. The strategy that many epidemiological experts have converged toward is a combination approach.

Financial 145

Financial Energy Real Estate Government 145

Management Consulted

MARCH 26, 2017

Although historically not known for consulting services (unless you were consulting – ahem, lobbying – government officials), strategy, operations, and even tech consulting have exploded inside and outside the Beltway in the last 10 years. – Washington, DC. They reserve one only on days when they plan to come to the office.

Oliver Wyman 100

Oliver Wyman Consulting Deloitte Bain 100

Harvard Business

MAY 8, 2017

In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. How successful has the company been at creating new products, services, and business models?

Methodologies 51

Methodologies Culture Metrics Company 51

Harvard Business

JUNE 28, 2016

A second set of entrepreneurs focus on information goods and think of IT as the product. But today there is a third approach, one that will become the dominant path for most entrepreneurs, especially those building information products. No strategy is static. Insight Center. How Digital Business Models Are Changing.

Construction 31

Construction Airlines Data Travel 31

Harvard Business

JANUARY 29, 2018

For the former, we examined the presence and market penetration of disruptor companies; we also considered incumbents’ financial performance. Multinational beer companies have responded by investing in or acquiring large craft brewers such as Lagunitas, Craft Brew Alliance, and Goose Island to gain an immediate foothold in the market.

Industry 28

Industry Retail Accenture Transportation 28

Harvard Business

AUGUST 8, 2017

Tesla just delivered its first Model 3, the affordable model that he envisioned in his “secret” strategy some 11 years ago. Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats.

Metrics 28

Metrics Sports Data Marketing 28

Harvard Business

MAY 29, 2017

It wasn’t long ago and, yet, in technology terms, it’s almost an eternity — ride- or hotel-sharing companies didn’t exist yet and the first generation of social media platforms were just hitting the mainstream. CEOs recognize how much their digital strategy influences business goals.

Survey 36

Survey Hotels Enterprise Company 36

Harvard Business

JUNE 24, 2016

” As a result, the producers of Hamilton are scrambling to find the right pricing strategy to handle demand. Jeffrey Seller, the lead producer of Hamilton , unabashedly explained that he has a fiduciary responsibility to investors to boost prices since the market has demonstrated that tickets were underpriced. I doubt it.

Airlines 31

Airlines Hotels Sports Advertising 31

MishTalk

SEPTEMBER 13, 2015

The SOEs also created jobs, but did so at huge expense: By taking productive land from farmers, by massive pollution, vacant cities and malls, forced migration, and an untenable reliance on fixed investment growth. We now see the effects in steel and cement production, crashing commodity prices, capital flight, and a plunging stock market.

Enterprise 28

Enterprise Guidelines Government Hotels 28

Jerry Fletcher

MARCH 13, 2021

Your team includes all the folks that get credit when the job is done, the objective reached, or the product is delivered. Trust lowers your stress and makes you more productive. That is true whether the business is a product, a service or a combination of the two. Your Company. Trust is essential. Just a hired hand?

Marketing 59

Marketing Consulting Hotels Productivity 59

Harvard Business

MARCH 13, 2018

companies $450 billion to $550 billion per year in lost productivity. Understanding the brand strategy. It wanted to be known for entertainment venues and hotels that were not gaming-centric — such as the Bellagio and MGM Grand in Las Vegas. Organizations spend over $100 billion annually to improve employee engagement.

Company 44

Company Training Training Culture 44

MishTalk

SEPTEMBER 15, 2014

percent drop in cost of non-regulated energy products. Ask any consumer if he wants lower gas prices, lower food prices, lower hotel prices, lower computer prices, or lower prices on any consumer items and the answer will be yes. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.'

Banking 75

Banking Insurance Insurance Energy 75