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Dacey Rankins

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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

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2025-03-13 15:44:34 -

Do I Need a Business Plan?
If you’re thinking about starting a business, you might wonder whether a business plan is necessary. While it’s possible to start a business without one, having a well-structured plan can significantly improve your chances of success. A business plan serves as a roadmap, guiding you through each stage of growth and helping you make informed decisions. What Is a Business Plan? A...

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Dacey Rankins

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2025-08-07 17:27:00 -

How Do CEOs Align Short-Term Actions with Long-Term Company Vision?
One of the most critical challenges for any CEO is ensuring that the company’s immediate activities contribute meaningfully to its long-term goals. Balancing the urgency of today’s demands with a focus on the future requires a deliberate and strategic approach. CEOs who succeed in this area foster consistency, alignment, and purpose throughout the organization. 1. Establishing a...

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Dacey Rankins

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2025-11-18 15:40:55 -

How Do I Develop a Business Development Strategy? (Step-by-Step Guide)
A business development strategy is the master plan a company uses to identify new growth opportunities, build strategic partnerships, expand into new markets, and strengthen long-term competitive advantage. Unlike marketing (which drives demand) or sales (which closes deals), business development focuses on creating the pathways through which future demand and revenue can exist. A strong...

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Dacey Rankins

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2025-07-16 16:17:18 -

How Do You Keep Motivated Team Members Challenged? Inspiring High-Performers to Go Beyond the Status Quo
A common leadership dilemma is this:“How do you encourage high-performers who are already meeting expectations to go above and beyond?” It’s a good problem to have—but a critical one to solve. When your most motivated team members hit their stride, they may begin to plateau if not continually challenged. These individuals thrive on growth, responsibility, and purpose....

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Dacey Rankins

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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

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2025-11-18 17:23:59 -

How Does Business Development Differ in a Startup vs an Established Company?
Business development (BD) is a critical function in any organization, but the approach, challenges, and opportunities differ significantly depending on the company’s size, maturity, and market position. Startups and established companies both aim to generate revenue, acquire clients, and expand partnerships, yet the paths they take often diverge dramatically. Understanding these...

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Dacey Rankins

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2025-11-18 15:36:26 -

How Is Business Development Different From Sales or Marketing?
Business development, sales, and marketing often get mixed up — sometimes even by the companies hiring for these roles. It’s very common to see job listings labeled “Business Development” when they’re actually sales positions. It’s also common for business development professionals to work closely with marketing teams and have overlapping responsibilities....

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Dacey Rankins

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2025-08-07 17:30:32 -

How is Success Measured and Reported by a CEO?
CEOs are ultimately responsible for steering their organizations toward success—but how is success actually measured, and how do CEOs report on it? It's not just about revenue or share price. Success encompasses multiple dimensions, from financial performance to cultural health, innovation, and stakeholder satisfaction. 1. Defining Success at the Organizational Level Before measuring...

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Dacey Rankins

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2025-11-17 18:37:51 -

How Long Does It Take to See Results From Business Development Efforts?
Business development (BD) is one of the most misunderstood functions in any organization. People often expect immediate results—new partnerships, new deals, new revenues—and become frustrated when weeks or even months pass before outcomes appear. But business development does not operate on the same timeline as short-cycle sales or direct response marketing. It is a long-game...

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