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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
2025-09-04 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
2024-12-25 18:33:30 -

How Can Small Businesses Develop an Effective Strategy?
For small businesses, developing an effective strategy is critical to ensuring long-term success and growth. Unlike large corporations that have more resources and established processes, small business owners often face unique challenges when it comes to crafting a strategy that is both realistic and actionable. Fortunately, with the right approach, small businesses can develop tailored...

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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 Business
2025-08-27 14:45:58 -

How Do I Set Meaningful KPIs (Key Performance Indicators)?
Key Performance Indicators (KPIs) are essential tools that organizations use to measure progress toward strategic objectives. However, not all KPIs are equally valuable. A meaningful KPI is one that is relevant, actionable, and closely tied to business goals. Without meaningful KPIs, teams risk focusing on vanity metrics—numbers that look impressive but fail to drive real progress. In...

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Dacey Rankins

added blog Business
2025-08-27 14:53:59 -

How Do I Turn Intangible Goals into SMART Goals You Can Meaningfully Measure?
Every business leader or professional has faced the challenge of setting goals that sound inspiring but lack clarity. Phrases like “increase customer satisfaction,” “improve team collaboration,” or “become more innovative” are all examples of intangible goals—goals that sound positive but are difficult to measure. The problem with intangible goals is...

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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 15:06:43 -

What Are Performance Indicators (KPIs)?
In business management, one phrase that appears constantly in conversations about success and measurement is KPI, short for Key Performance Indicator. Organizations across industries—from tech startups to manufacturing giants—use KPIs to track progress, evaluate effectiveness, and guide decision-making. But what exactly are KPIs, and why do they matter so much? This article...

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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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