Martinka Consulting

FEBRUARY 5, 2020

Dependencies are a huge issue in most small businesses. By being larger you can reduce most or all of the following: Customers Employees Management abilities Product Owner. And an owner dependency is often the brightest red flag for most profitable small businesses. Dependencies reduced.

Cash Flow 40

Cash Flow Small Business Sports Talent 40

Harvard Business

AUGUST 7, 2018

And in a small business, like a convenience store, it initially is: customers, employees, suppliers, and owners. It was a national distributor of milk and other dairy products and in it, farmers occupied two roles. ” Metrics were developed to monitor these, and targets were set before moving on.

Case Interview 53

Case Interview Groups Small Business Examples 53

Harvard Business

DECEMBER 1, 2016

They build real-time information systems to support decision making, and they expect these teams to start small, iterate, experiment, and adapt. They look at their business as platforms, not just as products and services. The senior leadership team meets often to look at metrics and trends.

Leadership 28

Leadership Metrics Operations Culture 28

Harvard Business

FEBRUARY 5, 2018

Several words always come up in practically every discussion, no matter if the company is a large enterprise or a small business, B2B or a B2C, product or service, new or established. Things like organization design, training, improved processes, and new shared metrics and performance standards are.).

Ethics 52

Ethics B2C B2B Company 52

Buzzsprout

MARCH 6, 2023

Podcast advertising trends and performance Podcasting is a highly effective marketing tool for big-name brands, small businesses, and entrepreneurs looking to grow their reach. 69% of respondents say podcast ads increase their awareness of products, brands, and services.

Data 52

Data Advertising Trends Media 52

Martinka Consulting

FEBRUARY 19, 2021

Understand what drives the business and its value. Is it expertise, the products, services, process, or IP? Know the best buyer for your business.” Know the number at which you’re willing to walk away (from the business). It requires having the right processes, metrics, documentation, and culture.

Financial 40

Financial Banking Sales Case Interview 40

Harvard Business

MARCH 31, 2017

Even if you don’t need to know a lot about finance to do your day-to-day job, the more conversant you are on the subject, the better off you’ll be, according to Richard Ruback, a professor at Harvard Business School and the coauthor of the HBR Guide to Buying a Small Business. ” Focus on key metrics.

Finance 28

Finance Balance Sheet How To Metrics 28

Harvard Business

NOVEMBER 22, 2017

That means choosing the right dashboards, defining which metrics matter most and mapping out how long-range planning, resource allocation, and budgeting will work. Do they focus on “manufacturing” (creating products), “distribution” (managing channels and customer relationships), or some combination of the two?

Strategy 28

Strategy Strategy Strategy& Company 28

Harvard Business

JULY 19, 2016

” When the company upgraded its commercial insurance line for small businesses a few years ago, the agents jammed internal call centers with questions about how the policies worked and how to set sales quotes. Enter ABIe (shorthand for the Allstate Business Insurance Expert), which my firm helped develop.

Company 28

Company Knowledge Base Insurance Insurance 28

Organizational Talent Consulting

AUGUST 7, 2023

A global survey of over 5000 CEOs revealed that greater than 60 percent of organizations anticipate introducing new products or services to fuel their growth. Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009).

Culture 52

Culture Financial Leadership Deloitte 52

Kates Kesler

JUNE 11, 2014

Royal Dutch Philips is a $20B diversified consumer electronics, healthcare, and lighting products company. A new CEO was quickly able to help his team see they were victims of too much emphasis on global business units. Capabilities can be specific to a given business segment (e.g. 4: Build Capabilities for the Future.

Apparel 82

Apparel Healthcare Enterprise Chemicals 82