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Dacey Rankins

adicionou um novo artigo Business
2025-01-10 14:18:36 -

How Accurate Should Our Forecasts Be?
Forecasting is an essential part of business planning, helping organizations make informed decisions about future actions. However, when it comes to setting expectations for the accuracy of forecasts, many businesses face a crucial question: How accurate should our forecasts be? The truth is that the accuracy of forecasts depends on various factors, including the context in which they are used,...

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Dacey Rankins

adicionou um novo artigo 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

adicionou um novo artigo Business
2024-12-24 13:06:37 -

How Do I Develop a Business Strategy?
Developing a business strategy is essential for guiding an organization toward its long-term goals. A solid strategy not only helps in making day-to-day decisions but also positions a company for future growth and success. Whether you are starting a new business or looking to refine the direction of an existing one, understanding the steps, frameworks, and processes involved in creating a...

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Dacey Rankins

adicionou um novo artigo Business
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

adicionou um novo artigo 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

adicionou um novo artigo 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

adicionou um novo artigo 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

adicionou um novo artigo Business
2025-08-21 16:33:32 -

How Do You Create or Develop a Product Strategy?
A well-crafted product strategy is the cornerstone of every successful product. Without it, teams risk wasting resources, building features nobody wants, or getting caught in reactive cycles to competitor moves. Developing a strong product strategy is both an art and a science—it requires a deep understanding of the market, customer needs, competitive landscape, and organizational goals....

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Dacey Rankins

adicionou um novo artigo Business
2025-08-22 18:36:02 -

How Do You Define Your Core Focus and Product Vision? (10-Year, 3-Year, 1-Year Plans)
Every successful product begins with a clear vision. Without one, even the most talented teams can drift off course, building features that don’t align with customer needs or business goals. Vision is the north star that guides a product team through uncertainty, competition, and market shifts. But defining that vision is easier said than done. How do leaders create a product vision that...

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Dacey Rankins

adicionou um novo artigo Business
2025-01-28 15:31:52 -

How Does the Role of a COO Differ Between Organizations?
The role of a Chief Operating Officer (COO) is crucial in the smooth operation and growth of an organization, but it can vary significantly depending on several factors. Although the general premise remains the same—overseeing daily operations and implementing strategic initiatives—the exact responsibilities of a COO are shaped by the specific needs of the organization. The...

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