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Four essential strategies to grow your business
Getting a new business off the ground is no small feat; it means carving out a space in a dynamic and competitive marketplace and finding your own unique voice within it. And once youve managed to do so, theres no time to rest of your laurels. Growth is a necessity for survival and success for any businesses. Naturally, its not going to be easy. Planning where your business will be in three to five years can be complicated. There are natural growing pains that come from taking your business to the next level. Not to worry though, difficult doesnt mean impossible. All you need are the right tools. Here are four tips to maximize your chances of success in growing your business.
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Resumo
The ABC's (Literally) of Goal Setting
Why business growth comes down to driving objectives and key results. Every business experiences growing pains at some point in its life cycle. This is especially true for small- to medium-sized businesses (SMBs) as they begin to achieve their primary objectives and key results. Weve seen this story play out many times before: one day youre operating a quintessential “mom and pop,” and the next youre struggling to keep up with demand.
Artigo técnico
Build your bench strength! A guide to succession planning for growing companies.
Succession planning – the process of identifying, selecting, and grooming talent for leadership – is critical to achieving your companys long-term goals. Its really a nobrainer: finding and developing leaders ensures youre always prepared for expected and unexpected talent vacancies with a diverse talent pool of ready successors. Plus, smart succession planning gives you a competitive advantage, as it takes you beyond simple replacement planning – a gamble of talent and resources – to creating individuals who are qualified to lead your company in the future. So how can organizations create training opportunities that prepare candidates for new roles and provide companies with viable succession planning options? Consider these five key steps.
