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Dacey Rankins

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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

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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

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2025-07-12 20:48:16 -

What Is the Scope—And How Will We Measure It?
Determining Boundaries and Success Metrics for the Project** Project scope defines the boundaries of what will be delivered—what's in, what's out, and how you'll know when it's complete. Without clear scope definition, projects can quickly derail due to shifting expectations or uncontrolled change. Scope should include: Goals and deliverables Major tasks and features...

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