Business Strategy and Management Archives - Vistage Executive Street Blog
There are times to work in your business and there are times to work on your business. The Business Strategy and Management category hosts content dedicated to the time executives spend planning for the future.
In the early 80’s, I coined the term BestPossible to serve as the end-goal of enterprise optimization. From the beginning, I used BestPossible as both Read More
In all walks of life, we use measurements that are convenient but not that useful. Weight is a horrible indicator of health (body fat, cholesterol Read More
Sustainability touches every functional area in a company. Many don’t know it – or don’t know how. When sustainability is understood, and embedded into day-to-day Read More
How do you set pricing for your business services? I graduated from one of the top 25 economic institutions in the world. I attended many Read More
Are you trying to grow revenue by nickel and diming your clients? Charging clients extra service fees and costs irritates clients. I often hear customers Read More
Many functions do not understand how various aspects of sustainability affect what they do; as a result, companies miss out on benefits – or commit Read More
Morning Star, the world’s leading tomato ingredient processor, is probably one of the most fascinating companies in the world. They aren’t even located in the Read More
Visionary CEOs are constantly thinking of the next big thing. That’s great for innovation, but bad for employees who can’t figure out what to work Read More
When I started my first company, Brilliant Image, I ran across a statistic that every happy customer tells 4 people, on average; unhappy people tell Read More
What happens when your brand confuses customers to the point that they do not even know what you stand for anymore? The cost of such Read More
Should you gamify your company? The word “gamification” was coined back in 2002 to describe the process of turning a difficult or tedious task into Read More
If you play the “game of business” long enough, you’ll be blessed with worthy opponents. They’re honest. Smart. Aggressive. Innovative. And customer-focused.
They Read More
If you’re a small business owner, you know that there is a lot of financial paperwork required, in the form of payroll, general accounting, and Read More
Imagine you are working on a project that is going nowhere. You come into the office every day and there seems to be no point Read More
This Part 2 in our series addresses the challenge that businesses face in complying with the FLSA rules on treating certain employees as “exempt” from Read More
Who can consistently deliver great customer service?
That’s an easy one. The Ritz Carlton.
I’ve never had a bad experience at a Ritz. And Read More
What if your revenues doubled, new customers came quickly and easily and your teams acted as performance machines? Read More
In this post-Great Recession era, too many companies are suffering from a lack of growth in revenue, profit, and job creation. Company leaders are facing Read More
Your sales team defines price as what’s on the invoice. Your CFO defines price as ‘what we take to the bank’. Your customer says price Read More
Mary Kay Ash launched her cosmetics business 50 years ago this month, using her life savings of $5,000 to start her company in a 500-square Read More
Businesses come in all shapes and sizes. Each can have a different industry, structure, layout, and management system. But in most cases, the one thing Read More
If you think you’re in a commodity business, selling commodity stuff, YOU and your company are contributing to that perception, because YOU believe it.
Price Read More
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