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7 SweetProcess Alternatives to Consider for SOP & Process Documentation

Sweet Process

As an SOP software operating since 2013, […] The post 7 SweetProcess Alternatives to Consider for SOP & Process Documentation appeared first on SweetProcess. SweetProcess helps business owners document procedures, processes, and policies in one place.

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Company Rigor: The Discipline Of Growth

Chief Executive

Most founders did not grow up thinking about company operations, nor do they have the skills or the interest in becoming an effective operator. At this pivotal point in the company’s growth, it is incumbent upon the founder to layer in more financial and operational rigor in order to achieve more sustainable growth.

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How to Ensure Your Organization’s Digital Transformation Succeeds

Michael McKinney

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 In 2013, Nokia’s mobile phone business was sold to Microsoft. These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology.

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Don’t Expect Justice When The Government Hauls You Into Court

Chief Executive

Securities and Exchange Commission , the court ruled that hedge-fund operator George R. Billionaire Mark Cuban also fought the SEC and won in 2013, refusing to settle an insider-trading case and eventually convincing a jury he was innocent. In Jarkesy v.

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Ask for the Cash: Convince Your Customers to Pay You in Advance

Growth Institute

In fact, in most years the membership fees Costco collects cover about two-thirds of their operating profit. By collecting the funds in advance to cover most of their operating costs, and by turning their inventory faster than they pay their suppliers, Costco can run the business on gross profit margins much lower than its competitors can.

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3 Ways For Tech Companies To Flourish Amid Uncertainty

Chief Executive

And they proactively establish operational efficiency. Recessionary environments like the one now afflicting the tech landscape require decisiveness spanning various operational categories to ensure a tech company’s viability. They communicate their core missions. External experts can provide cost-effective solutions to hurdles.

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CEO Succession Planning: Your 2024 Comprehensive Guide (+Free Template)

AIHR

A CEO’s untimely departure or poorly orchestrated handover can have a significant negative impact, including decreased investor confidence, operational inefficiencies, and even a decline in market share. Finally, you must help plan a smooth leadership transition to ensure minimal disruption to your organization’s operations.