Tue.Aug 27, 2024

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What is Business Growth? Definition, Stages, Strategy, and Plan

IdeaScale

Table of Contents What is Business Growth? Business Growth is defined as the process by which a company expands its operations, increases its revenue, and enhances its market share over time. It encompasses a variety of dimensions, including financial performance, customer base, product offerings, and geographic reach.

Strategy 130
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Keep Strategy Simple

Harvard Business Review

Few companies have a clear idea of where strategy making ends and execution begins. As a result they develop strategic plans where they’re not required and fail to develop strategic plans where they are. To help prevent this happening to your Graham Kenny offers a few dos and don’ts: (1) Don’t develop strategic plans for functions; (2) Confine “strategy” to the business level; (3) Keep strategy and action separate; and (4) Be careful how you use the terms “strategy” and “strategic.

Strategy 132
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Five Keys to Company Longevity

Innovation Excellence

GUEST POST from Robyn Bolton The quest for immortality is as old as humankind. From King Gilgamesh in 2100 BCE to Jeff Bezos and Larry Page, the only thing that stops our pursuit of longevity is death. So why don’t we apply this same verve and vigor to building things that last forever?

Company 102
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4 Warning Signs of Ethical Burnout on Your Team

Harvard Business Review

High stress at work can destabilize people’s ethical compass, putting them at heightened risk of ethical lapses. When employees focus solely on achieving their targets, deadlines, or personal financial goals at the expense of ethical considerations — when doing the right thing feels burdensome compared to seemingly less-costly shortcuts — they can teeter on “ethical burnout.

Strategy 127
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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Navigating Innovation and Change with Braden Kelley

Viima

After a well-deserved summer break, we are back with another Innovation Room Podcast episode. In this one, Colin and Braden Kelley discuss the interconnection between innovation and change management, the growing role of sustainability in driving corporate innovation, the impact of emerging technologies like artificial intelligence on business models, and so much more.

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Research: Why Inclusive Hiring Must Include Refugees

Harvard Business Review

When companies seek to engage in more inclusive recruitment, they often overlook recruitment initiatives focused on refugees. The number of global refugees, asylum seekers, and others in need of international protection surpassed 50.3 million people at the end of 2023, per the U.N. Refugee Agency. The authors cite their findings from two of their studies: first, that managers who have never recruited from this group tend to not only undervalue the benefits of this talent pool, but also hold vari

Study 98

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Lessons from a Turnaround Expert

Harvard Business Review

A conversation with former Marvel head Peter Cuneo on what it takes to shake up a team or organization.

Change 97
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The Secret Behind Elida Beauty's Resurgence | ITONICS

ITONICS

The beauty industry currently holds the largest share of the 1.7 trillion dollar global wellness market. And like so many fast-moving consumer goods (FMCG) industries, beauty has built success on the ability to react quickly to emerging trends and sometimes fleeting fads. But times are changing, and what generated growth in the past may not be enough to sustain growth going forward.

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Thinking and Designing for Business Ecosystems

Ecosystems4Innovating

Thinking & designing Business Ecosystems to build innovation differently Why should we think about the potential within Business Ecosystems? What does thinking and designing for Business Ecosystems mean? Thinking and designing for business ecosystems represents a fundamental shift in how we approach business strategy, innovation, and value creation.

Design 97