This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Three Key Takeaways: Turn Expertise into Revenue: Dr. Sharon Elefant transformed her deep knowledge of nonprofits and networking skills into a thriving business by offering grant writing, consulting, and administrative services that nonprofits were willing to pay for, rather than struggling to do it themselves.
How Thought Leaders Turn Books into Revenue Powerhouses with Speaking and Consulting Peter Winick and Bill Sherman sit down to discuss some of the intriguing findings from the Book ROI study they’ve been involved in for the last several months. Anyone interested in downloading the survey, it is available for free.
Update and Upgrade for Better StrategicPlanning. For those organizations not at the top of the pack, it is time to rethink the strategicplanning process and revamp strategy cascading and execution in a way that moves both the people and the business forward. Five Tips on How to Do StrategicPlanning Right.
A Smart StrategicPlanning Process Provides the Foundation. No matter how simple the business, every effective operation is based upon some kind of revenue-generating plan. Strategicplanning is, quite simply, the foundation of any successful business. There are various ways to go about strategicplanning.
Today SalesLoft employs over one hundred talented people, they’ve raised over $10 million in institutional capital, and have added over $15 million in revenue in just the last 2.5 of SalesLoft is to surpass $100 million in annual recurring revenue. Mistake #3 – Not Having a One Page StrategicPlan.
While financial metrics vary across industries and strategies, here are four key areas for CEOs to consider: Revenue Growth Revenue growth is a fundamental indicator of overall company health. Here are three other areas to consider: Operational Performance Metrics Strategies often require specific operational metrics.
Having a professional development plan template streamlines the process of employee development, ensures fairness and consistency, and aligns individual goals with organizational objectives. DOWNLOAD PDP TEMPLATE (WORD DOC) Contents What is a professional development plan?
We have also provided you with a free employee scorecard sample template to download. Lagging indicators could be revenue generated and customer lifetime value. In performance management, it can align employees to the organization’s strategicplan so that everyone is moving in the same direction.
You may want to monitor the success of your marketing campaign in terms of the number of new customers generated; or evaluate the success of your new products by how much revenue they are producing; or determine the desirability of online sales by a survey on how your target customers prefer to shop…in a bricks-and-mortar store or on the internet.
Our organizational alignment research found that the best company cultures account for 40% of the difference between high and low performance in terms of revenue growth, profitability, customer loyalty, employee engagement and leadership performance. Maximizing Revenue versus Minimizing Costs? What the Best Company Cultures Deliver.
Revenue leaders, customer service leaders, and operations leaders each have different goals, strategic initiatives, and measurements of success. Financial results — such as revenue and profit for the quarter. Strategy map: Create a strategy map that illustrates the connections between the strategic goals you’ve just identified.
Revenue leaders, customer service leaders, and operations leaders each have different goals, strategic initiatives, and measurements of success. Financial results — such as revenue and profit for the quarter. Strategy map: Create a strategy map that illustrates the connections between the strategic goals you’ve just identified.
Our organizational alignment research found strategic clarity accounts for 31% of the difference between high and low performance in terms of revenue, profitability, customer loyalty, and employee engagement. Will your corporate culture help or sabotage your strategicplan? Strategy matters.
The CEO believes, as do we, that CEOs should work with the executive team and other key stakeholders to: Craft a business strategy that will support the game plan for success. Oversee the execution of the strategicplan as it is implemented and adjusted throughout the organization.
90% of top executives surveyed by the Economist Intelligence Unit from 500 multi-national companies with yearly revenues of at least $1 Billion cited poor strategy implementation as the number one reason for missing their targets. Done right, a successful strategicplan sets a company up to perform beyond just the sum of its parts.
A Coherent Business Strategy Matters Our organizational alignment research found that a coherent business strategy accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement.
Focus on The First Steps to Strategic Action We know from our organizational alignment research that strategic clarity accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement.
These strategic assumptions are then used to design a relevant and realistic strategicplan for success. They actively involve employees in the strategy design and planning phases to increase ownership, accountability, and buy in. Can your leaders and their teams clearly articulate your strategicplan for success?
Our organizational alignment research found Strategic Clarity accounts for 31% of the difference between high performing teams and organizations. Our organizational alignment research rated Market Responsiveness and Timely Information Flow Across Boundaries in the top four attributes required for high levels of: revenue growth.
We know that the lack of strategic clarity is a performance killer. In fact, our organizational alignment research found that strategic clarity accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness , and employee engagement.
We define a talent-centric culture as the proactive and thoughtful attraction, development, engagement, and retention of the talent required to execute your strategicplan in a way that aligns with your corporate culture. Talent Management Research. No longer can talent management be kept on the back burner.
Our organizational alignment research found that having the right talent to execute your business strategy accounts for 29% of the difference between high and low performing companies in terms of: Revenue growth Profitability Leadership effectiveness Customer loyalty Employee engagement The symbiotic relationship between talent and strategy matters.
Our organizational alignment research found that the ability to align strategy and people creates 58% more revenue growth, 72% greater profitability, and 17 times higher employee engagement.
What we found was that highly aligned companies not only grow revenue 58% faster and are 72% more profitable, but they also outperform unaligned organizations at these rates: Customer Retention 2.23-to-1 Leaders should make strategicplans, progress, and challenges visible to all key stakeholders. to-1 Customer Satisfaction 3.2-to-1
Here’s the list and our recommendations on how to overcome the top strategy execution risks: Lack of Clarity and Understanding Our organizational alignment research found strategic clarity accounts for 31% of the difference between high and low performance in terms of revenue, profitability, customer loyalty, and employee engagement.
While we believed from experience that strategically aligned companies and teams consistently achieve higher performance, we were blown away by the research results. Highly aligned companies grow revenue 58% faster and are 72% more profitable while outperforming unaligned companies at these rates: Customer Retention 2.23-to-1.
Sales at Clorox’s cleaning segment have increased 32%, revenue at Peloton has grown 66%, same store grocery sales at Kroger have surged 30%, and Zoom’s stock is up 120%. Strategicplanning is not “one and done.” Strategy requires regular adjustments to keep on track. The Bottom Line. Challenges inspire coping mechanisms.
Our organizational alignment research found that the combination of different strategies and cultures at work accounts for 71% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, and employee engagement. Coke vs. Pepsi Strategic Imperatives. Become more efficient.
Our organizational alignment research found that strategic clarity accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement. Strategy Comes First. Culture Follows Strategy.
Our organizational alignment research found that strategic clarity accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement. Strategy Comes First. Culture Follows Strategy.
Create Unquestionable Strategic Clarity. To truly close the strategy execution gap, you should plan on spending twice as much time with every level of the organization on execution as you did on design. To learn more about successful strategy execution, download 3 Big Mistakes to Avoid When Cascading Your Corporate Strategy.
What Strategic Alignment Can Do for Your Business The power of strategic alignment occurs when every part of the organization is working in a unified fashion to implement the “intentions” that define the business strategy in a way that makes sense to the business AND the people. to-1 Customer Satisfaction 3.2-to-1
Our organizational alignment research found that strategic clarity accounts for 31% of the difference between high and low performing organizations in terms of revenue growth, profitability, customer satisfaction, leadership effectiveness and employee engagement. But repetition does not equal understanding or strategic clarity.
In fact, according to our organizational alignment research, the proper alignment of strategy, culture, and talent allows organizations to grow revenue 58% faster, be 72% more profitable, retain customers. The Organizational Elements Required for Strategic Alignment. Three Steps to Make Strategic Alignment a High Priority.
We know from our organizational alignment research that strategic clarity accounts for 31% of the difference between high and low performing companies in terms of revenue growth, profitability, customer loyalty, leadership effectiveness, and employee engagement.
Our own organizational alignment research found that culture accounts for 40% of the difference between high and low performing companies in terms of revenue, profits, customer satisfaction and retention, leadership effectiveness and employee engagement. The Definition of a Misaligned Workplace Culture.
The abridged version is that Palmisano and then-CFO Mark Loughridge came up with what they called the “investor model” or the “road map” — a strategicplan complete with multi-year goals for investment, revenue growth, and earnings growth that they asked investors to judge them by.
Download this pdf for an executive summary, or login here for the full report.) Fully 79 percent of companies, including 91 percent with annual revenues greater than $1 billion, use discounted cash flow techniques. One wonders what the remaining 9 percent with annual revenues greater than $1 billion do.). Privately held.
To understand why many organizations fail to bridge the gap between strategy design and delivery, the Economist Intelligence Unit (EIU), supported by the Brightline Initiative, recently undertook a global multi-sector survey of 500 senior executives from companies with annual revenues of $1 billion or more. Brightline.org/reports.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content