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Dacey Rankins

added blog Business
2025-11-17 18:28:34 -

Key Metrics for Measuring Business Development Success: A Comprehensive 3,000-Word Guide
Introduction Business development (BizDev) is one of the most important growth functions in any organization, yet it’s also one of the hardest to measure. Unlike sales (which follows a predictable pipeline) or marketing (which has traceable campaigns and analytics), business development spans partnership building, opportunity discovery, strategic expansion, and long-term value creation....

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Dacey Rankins

added blog Business
2025-08-27 15:01:19 -

What Critical Questions Help Define Good Business Metrics?
In the era of data-driven decision-making, organizations often find themselves swimming in a sea of numbers. From sales revenue to social media engagement, businesses can measure almost anything. But the reality is: not all data is equally valuable. The real challenge lies in identifying good business metrics—those that actually guide decisions, influence behavior, and connect to...

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Dacey Rankins

added blog Business
2025-11-18 15:42:12 -

What Metrics or KPIs Should I Use to Measure Business Development Success?
Business development often feels abstract compared to sales or marketing. Sales has closed deals. Marketing has lead volume. But business development? It deals with long-term relationships, partnership potential, market expansion, and strategies that take months—sometimes years—to mature. Because of this, one of the most common questions leaders ask is:“How do we measure...

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Dacey Rankins

added blog Business
2024-12-24 13:13:30 -

How Do I Align Business Strategy with Organizational Goals?
One of the most important tasks for any organization is ensuring that its business strategy is aligned with its organizational goals. The success of a company depends not only on the quality of its strategy but also on how well that strategy is integrated with the company’s mission, vision, and values. Achieving consistency between the business strategy and organizational goals ensures...

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Dacey Rankins

added blog Business
2025-03-10 17:12:38 -

Actionable Metrics vs. Vanity Metrics: Understanding the Difference
In today's data-driven world, businesses rely on metrics to measure performance and make informed decisions. However, not all metrics are equally valuable. Some provide meaningful insights that drive growth, while others simply look impressive without contributing to actual success. These two categories are known as actionable metrics and vanity metrics. Understanding the difference between...

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Dacey Rankins

added blog Business
2025-11-14 20:54:03 -

Business Development – Foundations, Strategy, Operations & Common Questions
Introduction Business development (BD) is one of the most misunderstood functions in modern organizations. Many assume it’s simply another word for sales, others treat it as marketing or partnerships, while some see it as networking and outreach. In reality, business development is a strategic discipline focused on long-term growth, requiring market analysis, relationship-building,...

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Dacey Rankins

added blog Business
2025-09-04 13:23:59 -

How Can Business Growth Be Measured?
Business growth is a key indicator of a company’s health, market position, and long-term sustainability. But measuring growth is not as simple as tracking revenue—it involves understanding multiple dimensions of performance, including profits, customer acquisition, market share, and operational efficiency. Knowing how to measure business growth accurately allows organizations to...

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Dacey Rankins

added blog Business
2025-08-27 14:52:57 -

How Can I Set Meaningful KPIs and Performance Measures?
In today’s competitive business environment, organizations of all sizes—from startups to multinational corporations—rely heavily on performance data to make informed decisions. Yet, while data itself is abundant, not all metrics carry equal value. The key is setting meaningful Key Performance Indicators (KPIs) and performance measures that drive real progress rather than...

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Dacey Rankins

added blog Business
2025-02-11 15:58:26 -

How Do I Measure the Success of a Business Consulting Engagement?
When hiring a business consultant, companies invest not just in external expertise but in the expectation of achieving tangible improvements. However, after the consulting project is completed, it’s important to assess how successful the engagement was. So, how do you measure the success of a business consulting engagement? The answer lies in defining clear, measurable goals upfront and...

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Dacey Rankins

added blog Business
2024-12-25 18:21:34 -

How Do I Measure the Success of a Business Strategy?
How Do I Measure the Success of a Business Strategy? Measuring the success of a business strategy is crucial to understanding whether the efforts invested in planning and execution are translating into the desired results. A successful business strategy is one that not only achieves its goals but also positions the company for sustainable growth in the long...

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Dacey Rankins

added blog Marketing and Advertising
2025-11-03 15:00:19 -

How Do I Measure the Success of Social Media Marketing (ROI)?
Measuring success in social media marketing is one of the biggest challenges for businesses of all sizes. It’s easy to see vanity metrics like likes and followers climb, but the real question is: are your efforts translating into meaningful business results? Return on Investment (ROI) in social media isn’t just about money—it’s about value: brand visibility, audience...

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Dacey Rankins

added blog Marketing and Advertising
2025-09-25 15:42:11 -

How Does a CMO Align Marketing with Business Objectives?
In today’s competitive business environment, a Chief Marketing Officer (CMO) cannot operate in isolation. Their success is measured not only by creative campaigns or brand awareness but by how marketing contributes directly to business goals, including revenue growth, customer retention, and market expansion. Aligning marketing with business objectives ensures that every campaign,...

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Dacey Rankins

added blog Business
2025-05-01 16:23:45 -

How Does a Startup CEO Define and Measure Success?
For a startup CEO, success isn’t defined by a single metric. Unlike in established companies where benchmarks are more predictable, startup success is fluid, evolving with each stage of growth. From product-market fit to scalability, the CEO must define clear, measurable goals that reflect both the company’s vision and the current reality of its journey. 1. Success Begins with...

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