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Marketing decision making

The fundamentals of marketing and marketing practices are not subject of this opinion. The purpose is to ask the most appropriate questions when selecting or weighing the decision to move forward with...

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Economics of Advertising and Marketing

Economics of Advertising and Marketing A while back we start talking about general guidelines for budgeting for advertising and marketing. In this particular post we would like to address some very...

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The ever changing face of Public relations

The ever changing face of Public relations It is no secret that public relations sector has played a significant role in public perception of commercial and private entities. Equally it is not secret...

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The intrigues of Management Consulting

The intrigues of Management Consulting Management consulting is no different than any other advisory role. Though simplistic at first glance, it is not much different than a legal or medical advisor....

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Budgeting for a recession

Though it is obvious that financial restrains caused by the current credit crunch is impacting virtually all aspects of the economy, it is less obvious what small businesses can and should do to...

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Long Way to long

Long. Way to long. Something very interesting happened to one of our experiments today. Let’s take a step backwards: three years ago we wanted to experiment with effectiveness and efficiency of...

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Executive habits and the impact

Many times, it is rather obvious why bad business decisions are made. Other times, it seems like a mystery to outsiders. However, one of the most viable venues to explore the reasons for bad,...

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Peril of adviser gone bad

In the ever changing global environment with steep local, regional and international competition, it is hardly a mystery that most successful companies value their executive teams.Β  However, it is...

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The value of a domain

The value of a domain Depending whom you ask, you will receive a variety of answers that may range from complex calculations of ad revenue to unique visitors from particular geo locations. Essentially...

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Our observations

The past few weeks and months have created an economic environment that has been less than helpful to small business owners psyche. Granted that economic situation is real and dire, the greatest impact...

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Machine Learning 101

Machine Learning 101 Introduction What does β€œMachine Learning” actually mean? Components of a Machine Learning Implementation Models for Supervised Learning Where to go From Here Introduction...

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Business Systems 101

There are two main types of operating systems for businesses: management operating systems and business operating systems. Management operating systems help businesses manage their resources while...

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Strategies for Project Management

Strategies for Project Management Project management refers to the process of planning and executing projects, as well as monitoring them. Getting the job done promptly and within budget requires a...

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Change Management

Change management is an essential aspect of running a successful business. It involves planning, organizing, and implementing changes to successfully transition an organization from its current state...

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Growth Mindset Vs Fixed Mindset: Which One Is Right For You?

It’s often said that success is a mindset – with two distinct types of mindsets in play, it can be hard to decide which is the right one for you. In this article, we’ll look at both growth and fixed...

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Business Process Improvements: Theory And Practical Application

Improving business processes is critical for any organization to remain competitive. But what exactly does it take to make a successful business process improvement? From a theoretical perspective,...

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The Chief Of Staff Handbook: How To Lead Your Team To Success

Whether you’re a newly appointed Chief of Staff or an experienced one, it’s essential to understand the roles and responsibilities of the position. This article looks at the Chief of Staff Handbook –...

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Becoming A Business Strategist: What You Need To Know, What Education Is...

Have you ever wondered what it takes to become a successful business strategist? Business strategists help organizations reach their goals by creating and executing plans for growth and success. In...

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What Digital Transformation Is And Why It Matters For Your Business

Digital transformation is becoming increasingly important in the modern business landscape, but it’s essential to understand what it is and how it can benefit your business. This article will explore...

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Hyper-Automation: How It’s Shaping The Future Of Business And Technology

As businesses look for ways to become more efficient and productive, hyper-automation is becoming increasingly popular. In this article, we’ll explore what it is, how it’s being used in business and...

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Exploring How Data Management Can Transform Your Business: Unlocking Growth &...

Data management can be a critical factor in achieving success for businesses looking to unlock growth and scale. But what exactly is data management, and how can it help transform your business? In...

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Cost Leadership: The Complete Guide To Using This Business Strategy For...

Cost Leadership is a business strategy that enables companies to achieve a competitive advantage by producing and providing goods and services at lower costs than their competitors. This article will...

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How Differentiation Strategy Has Impacted Business Over The Years

Differentiation Strategy has been used in many industries to separate one’s business from the competition. For example, a unique product or service offering could set your business apart from...

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How Small Businesses Can Cut Through The Noise With Focus Strategy

As a small business, standing out among the competition can be challenging – and in today’s noisy digital landscape, it can seem impossible. But with the right focus strategy, you can cut through the...

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Morals vs Ethics: Understanding the Key Differences

Understanding Ethics and Morals: Definitions and Differences Although many people use ethics and morals interchangeably, they have different meanings. Ethics involve principles guiding behavior, while...

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The Evolution of Cutting-Edge Problem Management Practices

Problem management involves identifying, analyzing, and resolving potential incidents that disrupt services. Problem management can save IT teams time and effort by decreasing incident ticket volumes....

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Advanced Problem Management for IT Service Management

Problem management includes eliminating recurring incidents and mitigating their impacts, including identifying root causes, documenting workaround processes, and creating error control measures....

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Change Management in the Legal Profession

Lawyers tend to resist change, not because of any fear; but due to entrenchment in existing professional and personal structures. Legal departments implementing change management strategies will be...

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Empowering Business Growth: Strategies for Sustainable Success

Identifying Core Values With Mission and Vision Core values help current and potential customers, clients, and stakeholders understand what the company stands for – unlike mission statements which...

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Conducting a SWOT Analysis

Conducting a SWOT Analysis is an excellent way to identify goals and explore methods of meeting them. For optimal results, this effort must involve all relevant team members. To stay organized, engage...

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Management Consulting Essentials

Management consultants earn over $2 billion each year for their services; unfortunately, much of this money is often wasted by providing analyses and recommendations that do not achieve client goals....

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Essential Consulting Skills

When people think of consulting skills, they usually conjure images of in-depth knowledge of an industry or area where a consultant works. But that alone won’t ensure their success as consultants....

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The Consulting Process

Consulting involves multiple steps that lead to the client implementation. A consultant must use several tools to implement changes that will improve their client’s business. For instance, the...

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Specialized Consulting Specializations

Businesses face numerous obstacles that require their attention. Companies frequently turn to consulting firms to address specific problems within their operations. Specializations don’t need to be...

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Business Consulting with AI

Introduction: Embracing the Future of Business Consulting with AI Staying ahead of the competition in the fast-paced business world requires constant innovation and adaptation. Traditional consulting...

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Data-Driven Decision Consulting

Introduction: The Dawning Age of Data-Driven Decision Consulting Well, isn’t this a fine kettle of fish? The world has transitioned from the information age to an era where data is the new oil....

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How to Avoid Common Mistakes When Hiring Business Consultants

Bringing in business consultants can provide valuable outside perspective and expertise to significantly advance critical strategic priorities. However, missteps like inadequate vetting, unclear...

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Expert Guide to Strategy Consulting for Business Growth

In today’s fast-paced business landscape, leveraging strategy consultants can provide organizations with an objective outside perspective, plus access to specialized expertise that catalyzes...

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Business Consulting in the 21st Century

Advancing Business Consulting in the 21st Century: Navigating Digital Transformation, Ethical Challenges, and Sociocultural Shifts Introduction The landscape of business consulting is rapidly evolving...

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What is Hyperautomation?

Hyperautomation solutions combine RPA, intelligent business process management suites, and integration platforms as a service with AI/ML tools into one powerful package that enables your teams to...

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The Benefits and Challenges of Enterprise Resource Planning

ERP (Enterprise Resource Planning) software platforms collect and organize business data in real time for analysis and processing by various departments within an organization. Increased Efficiency....

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What is Cloud Computing, and How Can it Benefit Your Business?

Cloud Computing (CC) is an Internet-based form of application delivery, allowing business applications to be accessed without the hassle of managing network servers, operating systems, or storage...

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Artificial Intelligence in Business

Business leaders are turning to artificial intelligence (AI) to enhance customer experiences, automate tasks, increase data analysis capabilities, and boost productivity. Here is more on AI use in the...

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Top eCommerce Trends – Big Data Analytics

Big Data Analytics allows businesses to gain new and unparalleled insight into their customers and the world around them, offering unprecedented understanding that can improve customer experiences,...

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IoT Internet of Things and the Retail Industry

IoT, or the Internet of Things, allows everyday devices to communicate, automating processes and unlocking efficiencies and cost savings for businesses while remaining competitive through creating...

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What Is Blockchain Technology and How Can It Benefit Your Business?

As its name implies, blockchain technology records transactions in an immutable public ledger. They are primarily used with cryptocurrencies such as Bitcoin but can store other forms of data. This...

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