Remove Metrics Remove Productivity Remove Sales Remove Travel
article thumbnail

Tesla Shows How Traditional Business Metrics Are Outdated

Harvard Business

At the core of the confusion over a company like Tesla is that traditional business metrics are outdated and can create overconfidence or underestimation. 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
article thumbnail

What is consulting?

Tom Spencer

When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. Sales, Marketing, Production) and secondary functions (e.g. Consulting though has many aspects – it’s not just about smooth talking. Conclusion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Your Business Ready to be Sold?

Martinka Consulting

For reference, my first three questions to owners are: Have you worked with a financial advisor to see how much money you need from the sale to support your next great adventure in life (and do you know what your business is worth – not just what you want for it)? What will you be doing after the sale? Pretty straightforward, right?

article thumbnail

To Change Your Strategy, First Change How You Think

Harvard Business

Therefore his mental model was not how to gain market share from other airlines, but how to create a completely new market for air travel. Like Southwest, JetBlue focuses on people over planes, with a mission to “bring humanity back to air travel.” ” GE is also using very different metrics for its platform businesses.

article thumbnail

BTS Group Interviews and Culture

Management Consulted

BTS Group specializes in digital technology, leadership development, sales training, and assessments. However, the firm operates in five main practice areas: Assessments, Business Acumen, Leadership Development, Sales Training, and Strategy Execution. Marketing & Sales. Household Products. BTS GROUP KEY STATS.

Groups 100
article thumbnail

6 Steps to Make Your Strategic Plan Really Strategic

Harvard Business

It was a national distributor of milk and other dairy products and in it, farmers occupied two roles. Once it adopted the six-step method, these outcomes were identified as “reducing employee turnover and increasing productivity and innovation.” The same group of stakeholders can occupy more than one role.

article thumbnail

Thinking lifetime (don't break the chain)

Seth Godin Blog

The traveling salesman, the carnival barker and the old-time businessman can hit and run. Make the sale, cut your costs, move on. That means that unhappy news spreads far and fast (and that remarkable products and services need lower ad budgets). The thing is, a customer is never out of warranty, even if his product is.