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Dacey Rankins

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2025-08-07 17:32:46 -

How Do CEOs Engage with Their Board, Investors, or Key Stakeholders?
One of the most vital aspects of a CEO’s role is managing relationships with key stakeholders. These include the board of directors, shareholders, investors, partners, regulators, and sometimes even the public. Effective engagement ensures trust, alignment, and long-term support for the company’s strategy and leadership. 1. Understanding Stakeholder Expectations CEOs must first...

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Dacey Rankins

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2025-08-18 13:27:56 -

How Do PMs Work With Customers, Stakeholders, and Engineering Teams?
The role of a product manager (PM) can often seem ambiguous to those outside the field. Unlike engineers, designers, or marketers, PMs don’t “own” a single function—they instead serve as connectors, strategists, and facilitators who bring together diverse groups to create successful products. A PM’s ability to collaborate effectively with customers, stakeholders,...

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Dacey Rankins

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2025-08-21 16:45:21 -

How Do You Handle Competing Priorities from Different Stakeholders?
One of the most complex challenges in leadership and product management is balancing competing priorities from different stakeholders. Stakeholders—whether they are customers, executives, board members, employees, or investors—often have varying and sometimes conflicting demands. Product managers, CEOs, and leaders must navigate these competing voices carefully, ensuring that...

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Dacey Rankins

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2025-07-14 17:07:02 -

How Do You Manage Conflicts Within the Project Team or With Stakeholders? Facilitating Resolution, Aligning on Objectives, and Ensuring Harmony
Conflict is a natural part of any project—especially when deadlines are tight, stakes are high, and multiple personalities or interests are involved. Whether it arises between team members or with external stakeholders, conflict can either derail progress or become a catalyst for better communication and stronger alignment—depending on how it’s handled. The key lies in...

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Dacey Rankins

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2025-07-15 15:56:43 -

Who Are the Stakeholders and What Are Their Interests? Identifying Sponsors, End-Users, Decision-Makers, and Managing Engagement
Understanding who your stakeholders are—and what they care about—is one of the most important steps in successful project management. Stakeholders influence, fund, use, or are affected by the project. Their needs, priorities, and level of involvement can directly impact the outcome, so identifying and engaging them early is key. 1. Define Stakeholders Clearly Stakeholders can...

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Dacey Rankins

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2024-12-27 15:54:00 -

How Do I Create a Sustainable Business Strategy?
In today's business landscape, sustainability is no longer just a buzzword—it's a critical element of long-term success. Creating a sustainable business strategy involves not only focusing on profitability but also on environmental, social, and governance (ESG) factors. These considerations are becoming increasingly important to consumers, investors, and employees alike. A sustainable...

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Leonard Pokrovski

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2024-08-11 15:30:50 -

Project Management Fundamentals: What Should You Focus On?
Project Management Fundamentals: What Should You Focus On? "Focus on the basics, do them well, and do them relentlessly..." All project managers are familiar with them, and those who are not project managers will recognize them too. Projects are made up of tasks, milestones, milestones, resources of various types, risks, problems, etc. Each task, deadline, or person...

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Dacey Rankins

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2025-05-15 14:34:45 -

What Is a Project Management Plan?
A Project Management Plan is a comprehensive, formal document that outlines how a project will be executed, monitored, and closed. It serves as a roadmap for project managers and teams, guiding them through each phase of the project while ensuring alignment with objectives, timelines, and stakeholder expectations. This document integrates all aspects of project planning, offering a unified...

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Dacey Rankins

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2025-07-12 20:43:57 -

What Is Project Management? Understanding Scope, Timeline, Budget, and Stakeholder Coordination
Project management is the discipline of planning, executing, and overseeing a project to achieve specific goals within defined constraints. Whether launching a new product, building infrastructure, or implementing a software solution, effective project management ensures that initiatives are completed on time, within budget, and to the desired quality—all while aligning with stakeholder...

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Dacey Rankins

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2025-05-15 14:36:15 -

What Is Scope Creep, and How Can It Be Managed?
Scope creep is a common challenge in project management, referring to the uncontrolled expansion or continuous growth of a project’s scope beyond its original objectives. This often happens when new features, tasks, or requirements are added without proper review or approval, leading to delays, budget overruns, and strained resources. While some changes are inevitable in any project,...

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Dacey Rankins

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2025-05-02 14:59:48 -

What Is the Vision for the Company’s Future?
A clear and compelling vision is the cornerstone of any successful enterprise. Stakeholders—whether investors, employees, or strategic partners—want to understand not just where a company is today, but where it is going. The CEO's long-term vision provides this critical roadmap, offering insight into how the company plans to scale, develop its products, enter new markets, and...

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