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Dacey Rankins

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2025-01-13 14:39:37 -

How Often Should Forecasts Be Updated?
Forecasting is a crucial element of strategic planning for any business. It provides direction and helps companies anticipate changes in the market, manage resources effectively, and align their goals with future expectations. However, determining how often forecasts should be updated can be a tricky decision. The answer varies based on several factors, including the dynamics of the industry,...

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Dacey Rankins

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2025-08-04 18:15:58 -

Managing Attendee Dynamics: Use Frameworks Like RACI to Clarify Roles and Keep Meetings Small
Meetings are essential for collaboration, but without structure, they can become bloated and unproductive. One of the most effective ways to manage attendee dynamics is by using frameworks like RACI (Responsible, Accountable, Consulted, Informed). This approach ensures everyone knows their role and contributes meaningfully. RACI helps identify who is actually needed in a meeting. By clearly...

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Dacey Rankins

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2025-09-09 14:38:42 -

Why Do Growth Rates Mislead?
Growth rates are one of the most common metrics used to describe progress, whether in business, economics, health, or population studies. On the surface, they seem simple: a percentage increase or decrease over time. Yet, growth rates can often be misleading if taken out of context or misinterpreted. Understanding why this happens is crucial for making smarter decisions and avoiding false...

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Dacey Rankins

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2024-12-23 16:02:49 -

Why is Business Strategy Important? Understanding the Role of Strategy in Achieving Business Goals
Business strategy is not just a buzzword; it’s the foundation of any successful business. A well-crafted strategy serves as a roadmap, guiding organizations through both daily operations and long-term decisions. Without a clear strategy, businesses risk losing focus, failing to meet their goals, or missing out on growth opportunities. In this article, we’ll explore why business...

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