strategydriven Archives - StrategyDriven

How to Keep Business Travel Costs Down

April 2, 2020/0 Comments/in Managing Your Business /by StrategyDriven

Businesses are pinched, but managing your supply chain and business relationships through online video chat and emails is hard. It’s hard to keep people accountable, hard to clarify what you mean when you aren’t on-site, and harder still to come up with innovative solutions when you’re working through a screen.

Travelling to solve and fix these issues is essential, but not every company can currently afford it or find a flight to get them where they need to be. If you are grounded, there is not much that you can do, but to keep costs low for when the restrictions lift, you will want to follow this guide.

Sign Up for Flight Deals

There are two ways you can get a great deal on a flight. The first is to keep an ear out for special deals or sales. You’d be surprised at how many are occurring right now to help airlines manage their costs even though all their flights are grounded.

Take advantage of this to book very cheap flights months ahead, but don’t forget the cancellation policy. If the cancellation policy offered by the airline isn’t good enough, then your travel insurance should offer protection.

The second way is by comparing flights based on day and time. There are no set prices, so setting up alerts for price drops can help you get a great deal at any time of the year.

How to Save Going to and From Airports

If you live close enough to an airport that you can either take a shuttle or rent a taxi without it piercing holes in your wallet, then these are the better options. If your nearest airport is far away, then your best bet will be to drive there yourself. You will want to book long-stay parking in advance, especially in popular lots like Atlanta airport parking to secure yourself a good deal and a better spot.

Accommodation Options

If your business is truly struggling, then even hotels are going to seem out of your reach. Alternatives to hotels (even with the best deal you can find) include renting a private room from a local to seeing if your business partners have a place where you or your employee can stay.

You should also look for places out of the main area for more deals, but do remember to compare the travel costs to ensure overall you are spending the least amount of money.

Budget Food Options

The best part about renting either a room or a non-hotel option is that more often than not, you will be allowed to use an actual kitchen. Cooking will be hands-down the healthiest and cheapest way to eat while you are travelling. You can even bring with you familiar foods if you are travelling to an area where you are not used to the cuisine.

Saving on Public Transportation

The cheapest way to get around your destination will be with public transportation. Save with passes – some are designed for tourists, others are just passes for the day or week. Choose the best one for your budget and needs.

If you need to travel out of the city for work, however, then you will need to research your options. It might be cheaper to drive yourself, or there might be shuttle buses and other public transport choices that can help you save even further.

Reasons Why You Should Keep An Eye On Your Backlinks

April 2, 2020/0 Comments/in Online Marketing and Website Development /by StrategyDriven

If you have been doing Search Engine Optimization for your business website, you will probably understand the importance of backlinks. Do you want more traffic for your site? Do you want it to reach the top of the search rankings and sustain your position as well? Does your business reputation and customer trust matter the most? Well, you are not alone, because this is something that every business owner wants to do. And when it comes to achieving these goals, paying attention to your site’s backlinks is the key.

First things first, you need to earn (rather than buy or exchange) backlinks while following the best practices put down by Google. Relevance and authority of the source sites are equally important. But there is much more that you need to do than just sharpening your link building strategy. You also need to keep a constant vigil on every single backlink you build so that you retain the ones that are good and disavow the bad ones. Let us unveil the reasons why link monitoring is important and why you need to keep an eye on them constantly.

Reason #1: They are crucial for SEO

Over the years, it has been proved that backlinks are and will continue to be one of the most important ranking factors in Google’s algorithm. If you want your site to reach the top of the search rankings, a healthy link profile is something you cannot afford to ignore. High quality and niche-relevant backlinks have the potential to get you to the top and fetch more traffic, which can yield more conversions for your business. Obviously, you will need to monitor them on a consistent basis so that you can be sure about having ones that add strength to your profile. At the same time, you must keep an eye on the new opportunities to earn quality backlinks that will help you get better results in the long run.

Reason #2: They can boost (or hurt) your reputation

Another reason why link monitoring becomes essential is that they have the potential to make or break your reputation. On one hand, backlinks from authoritative sources add credibility to your brand because a niche leader apparently endorses you by linking with your site. Conversely, the ones coming from illegitimate sources can cause extensive damage to your reputation. The worst ones can come from sources such as irrelevant sites, adult or gambling websites, and sites that don’t have a great reputation themselves. Not keeping an eye on your existing and new links can land you in deep trouble if there are some that happen to come from such sources.

Reason #3: They can bring Google penalties

Besides damaging your reputation, bad links can get your website penalized as well. This is something alarming because a Google penalty can push your site down the search rankings. This is the last thing you would want to happen because the site you may never be able to recover. Investing in software that helps with backlink building definitely makes sense as it lets you be selective about the ones you build. At the same time, you can also leverage a solution that tracks and monitors the existing ones constantly so that you can disavow the bad ones before they do any damage. This approach can cut down the risk of penalties to a considerable extent and save your ranking and reputation in the long run.

Reason #4: They give you the exposure you need

A constant track of your backlinks is a good approach because it enables you to ensure visibility to the right audience. Quality links come from niche-relevant sources that are bound to give you the exposure you need. At the same time, the ones that are authoritative as well pack all the punch for your site because they have a wide set of followers. Such backlinks are as good as brand endorsements that are capable of extending your website’s reach significantly. Once again, monitoring your links helps you stick with the sources that matter when it comes to getting you the right kind of exposure.

Reason #5: They protect your site from negative SEO

The business landscape is highly competitive and your rivals may do everything possible to push your website down the search rankings. They may even resort to sloppy and unethical practices such as spamming your website just to tarnish its reputation. A constant vigil on your backlinks helps you identify such harmful moves so that you can protect it from negative SEO. Even if your site does fall prey to such practices, you can immediately disavow the backlinks created with the purpose of bringing a penalty for your site. A monitoring tool, for example, can get you instant alerts when your site earns new backlinks.

Reason #6: They help you see reviews and complaints

Monitoring backlinks is a smart approach if you want to go above and beyond for improving your business. By keeping a track of the new ones, you can come to know when someone posts a review or complaint about your business. Both positive and negative reviews can be leveraged as business opportunities. While you can propagate a positive one to enhance your business reputation, the negative reviews give you an idea about the areas where you can improve. Making conscious efforts to address the complaints indicates how serious you are about customer satisfaction. This mindset can actually strengthen your relationships with even the unhappy customers in the long run.

Undoubtedly, backlinks are crucial for any business and they deserve all the attention you can give. Constant monitoring, therefore, is something you must absolutely do. Since the number of links for your website is bound to increase with time, you cannot expect to keep track of them manually. Fortunately, you can use a reliable backlink management software solution to stay ahead all the time. Besides just monitoring the links consistently, you should also take the requisite action so that you can keep up the reputation of your business in the competitive scenario.

The Value of Account-Based Marketing for CRM

April 1, 2020/0 Comments/in Marketing & Sales /by StrategyDriven

In this era of information, businesses are searching for advanced solutions to the issues they face. The internet has been both a benefit and a mystery for businesses. Brand leaders and marketers are online continuously trying to figure out the Rubik’s Cube that is online marketing. The problem of doing business on the internet is that it is fairly new as far as platforms are concerned, and everyone is looking to find how they can implement the various outlets online to promote their businesses.

For years, marketers have been following the same protocols to build their client base with mixed results. The days when companies sought to build their customer database by seeking out individuals has resulted in diminishing returns. Companies have begun using the tools that they have traditionally used to market to individuals to market to other companies. Account-based marketing has breathed new life into the marketing strategies of many companies. Along with the power of CRM platforms, ABM has given businesses the opportunity to earn more by doing less.

What is Account-Based Marketing?

With traditional marketing online, the concept was to identify a key demographic that represents the ideal customer or client for their product or service. Account-based marketing is a strategy that focuses squarely on targeted accounts that lead to companies as clients rather than the public.

The ABM strategy uses personalized marketing campaigns that work to build a rapport with the contacts of the desired accounts. For instance, if a business decides that they want to service a national company with their products, they may begin to engage the VP, or other influential people in the company, with marketing emails personalized to speak to their values and needs. This type of strategy is perfectly suited for CRM platforms.

What is CRM?

Customer relation management (CRM) platforms are software applications that are used to compile, engage, and monetize a prospect and customer database. These platforms organize and analyze the data gathered about the current customers and prospective customers for the benefit of building a relationship and marketing special offers.

There are six features of CRM platforms that increase the odds of successful ABM campaigns. These strategies are as follows:

Lead Management: refers to tracking sales leads and distribution
Customer Service: is made easier by using the customer data, purchase information, and patterns of each customer
Marketing: targets customers and prospects with personalized campaigns
Workflow Automation: automatically performs repetitive tasks that are crucial to the success of your marketing strategy
Business Reporting: complies reports on sales, customer care, and marketing
Analytics: studies the data gathered to assist in the execution of the marketing strategy

Your Ideal Customer Profile

The first process involved in ABM is creating a profile for your ideal customer. Rather than looking for a specific demographic, you are looking for the types of companies that would likely be interested in your product offering. You need to identify companies that are worthy of your marketing efforts and those that are likely to be a waste of time.

Compile Key Data About Customers

For CRM to work, it must be fed data to categorize and analyze. Whether it is a company that you are seeking to acquire as a client or a business that is currently doing business with, CRM platforms will collect and organize this data to strengthen your personalized campaign for each account. Knowing the purchasing cycles, needs, and contact information for your customers and prospects gives you the insight needed to draft focused marketing transmissions for these accounts.

Identify Profitable Accounts

When data is properly organized, it paints a clear picture and tells a story. CRM software is easily able to identify where the bulk of your business is coming from. It is also able to identify accounts that are underperforming. Account-based marketing campaigns can benefit companies by only focusing on accounts that are performing satisfactorily.

Automate Your Workflow

If you are required to manage a large volume of accounts, the automation of your workflows will ensure that all of your accounts get equal service. Using the automated marketing features in your CRM software, you can automate workflows based on set criteria programmed to trigger specific tasks. An example of this would be an email being sent after a prospect downloads a piece of content. The CRM is triggered by the download to send the personalized email.

Disseminate Social Media Posts Wisely

Social media has become an important factor in business marketing. By knowing the targets that you are looking to attract at the onset of your strategy, you know the type of social content to produce. Many CRM platforms are keen on delivering scheduled social media posts.

Matching Leads to Accounts

Being able to match leads to their accounts is a fundamental part of ABM. Being able to attribute the leads to the appropriate accounts is the only way you can effectively execute the ABM strategy. If you are going to implement an ABM strategy, you will need to make sure your CRM can properly match leads to accounts.

Conclusion

As you can see, the power of CRM will amplify your ABM marketing efforts. Just as there are always early adopters of new technologies, the ABM movement offers a tremendous opportunity to market leaders to increase their profits by looking for whales rather than guppies. Building and maintaining strong relationships with other businesses can create amazing opportunities for your business.

9 Great Ideas for Basketball Promotional Items

April 1, 2020/0 Comments/in Marketing & Sales /by StrategyDriven

Succeeding in business can be an uphill battle.

After all, there are over 30 million small businesses operating around the United States. That stacks up to a huge degree of competition.

The result? Standing out from the crowd, cultivating a well-known brand, attracting loyal customers, and driving sales isn’t easy.

Is your basketball-related business seeking ways to boost its image and generate greater returns?

The good news is that a whole host of strategies can be employed to help. But, believe it or not, basketball promotional items are one of the best.

Promo items are nothing new. Eager enterprises have handed used them throughout time to drive results. It’s a classic marketing strategy that flouts the trend toward digital ads and continues to prove effective.

The trick is picking the right items to use. Want some ideas for the best basketball promo items?

Read on for 9 of them!

1. Foam Gloves

Everybody loves foam gloves.
Every sports-mad household in the country needs at least one in their home. How else would you show your support for a favored team at the weekends!?

That’s good news. The best promo items are those that provide value. Foam gloves are fun, entertaining, and are sure to be put to use.

Pop your logo on the front (and back) and you know it’ll get great exposure. Everybody from the person wearing the glove to the other fans in the vicinity will see it. Even better, that gloves might be worn over and over again, spreading your reach over time.

2. Basketball Stress Relievers

Stress relievers are a classic promotional item.
Ask most businesses who employ promo items and they’ve almost certainly used branded stress balls in the past. However, for obvious reasons (i.e. their shape), they make perfect sense for basketball-related businesses.

A mini basketball-shaped stress-reliever is sure to find a place on desks around the country. You can just picture a basketball-mad exec squeezing away after a difficult meeting.

With your logo on the front, they’ll have you to thank for their better mood.

3. Mini-Basketball Hoops

There’s a time and place for generic promo items.

They make a brilliant investment when they provide true value to the end-user. However, sometimes, it’s the fun and unique items that work best.

Let’s face it, everybody’s received a free branded pen in the past. They’re nice, but will never leave a lasting impression.

A mini-basketball hoop, though, is something new altogether.

They make personable, fun-filled giveaway items that people are sure to use. They’ll be put on the backs of doors in bedrooms or offices. People will play with them for hours on end as a happy distraction from tedious times.

4. Mini Branded Basketballs

This one leads on from the last:
A mini basketball hoop needs a mini basketball to use with it!

You could combine this promo item with the last or offer it individually. Either way, you’ve bagged yourself another fun gift that people will get good value from.

Fun promo items have major benefits to business. After all, your audience associates your brand with the fun they’re having! That’s invaluable.

It informs public perception of your product/service and facilitates future custom.

5. Basketball Jerseys

Nobody’s ever going to turn down a branded basketball jersey.

Most people love getting free apparel of any kind. However, if you’re basketball-mad, then a free jersey is a big deal.

They may wear it all the time- to games, practice sessions, and around the house. It’s a valued gift that will endear your business to them. All the while, your brand enjoys newfound exposure and reach as people come into contact with it through the wearer.

6. Basketball Tote Bags

Tote bags are another traditional promotional item.

There’s a good reason for it too: they’re endlessly popular with users!

These bags are another practical product that provides value to the consumer. They’ll be used for months or even years in their day to day life.

Why not put a basketball spin on things? You could design a totes bag that’s shaped like a basketball, for example, or has a picture of one on the sides. However you do it, you’ll have created a fashionable and iconic bag that basketball-lovers will wear with pride.

Pop your logo on the side too and you’re onto a winner.

7. Basketball Keyrings

Almost everything we said about tote bags can be applied to keyrings.

They’re classic promo items. They’re happily accepted as free-gifts by consumers. And they can easily be customized with a basketball design.

The only difference is in practicality. Keyrings aren’t all that useful in and of themselves.

Their real value comes in identity. People sport particular keyrings to let others know something of themselves. Someone who owns a Harley-Davidson might have a Harley keyring. Someone who loves their Porsche might have a Porsche keyring.

And someone who loves basketball might use a basketball keyring!

8. Basketball Bottle Openers

Basketball bottle openers could be cool too.

Imagine a bottle opener shaped like a basketball, with the opening gizmo in the center. It’s a simple item, for sure. But it’s hard to argue against its value.

After all, there’s nothing better than sinking a few cold ones in front of the game!
They’re sure to be put to use. Better still, they’ll be super cheap to produce and distribute. That’s good news in terms of ROI.

9. Banner Stands

Banner stands make a perfect B2B promo-item.

Think of the many industry events you attend. From tradeshows to conferences and everything in-between, there’s heaps of them throughout the calendar year, right?

Each time you have a display table to help attract interest and promote your product.

For a basketball-related business, a step and repeat banner stand covered in basketballs would be a mighty help. Pop your logo on the side and you enjoy free advertising in the process.

Try These Basketball Promotional Items!

Basketball promotional items make ideal marketing solutions.

Hopefully, the suggestions in this post will help you pick the best promo options for your business.
Want to read more articles like this one? Search ‘marketing’ on the website now.

All About Structure: Understanding the Various Types of Business Ownership

April 1, 2020/0 Comments/in Starting Your Business /by StrategyDriven

Not all businesses are alike right down to their ownership structure. This structure forms the basis of all business operations. Structure to a business is what the skeletal system is to us, humans.

A business structure boils down to its ownership arrangement. Most people are not familiar with business ownership types. This is an aspect that many start-ups overlook, and it ends up costing them.

There are many types of business ownership, and not all types suit every business. Choosing the most suitable ownership should be a crucial part of your business plan. Once you do so, you can get your business off on the right foot.

You’ve probably heard of a lot of business ownership disputes. Both large and small companies are disposed of ownership disputes. Understanding the business ownership types will help you avoid such embarrassing scenarios in the future.

In this piece, we’ll expound on the different types of ownership for businesses. That way, you can find what ownership structure best suits your business.

Importance of Business Ownership Structures

Business structure is pretty important, but only if you have the right one in place. The wrong business structure beats the point of having a structure in the first place. That’s why pinning down on the most appropriate business structure is crucial.

Ownership is structured because it provides a framework for handling legal matters. It portrays professionalism and gives potential investors confidence. Certain ownership types open up opportunities for shareholders and stakeholders who will be invaluable to your company.

Common Types of Business Ownership You Could Consider

There are many forms of business ownership types. As a business owner, you have to settle for the right type to engender your businesses’ success.

The following are legally-recognized business ownership structure you should consider for your business:

Sole Proprietorship

This is the most basic type of business ownership. As the name suggests, the business owner owns everything in this type of business ownership.

A sole proprietorship means you have complete control of the entire enterprise. You don’t even have to have a physical enclosure for your business. Plus, you get to keep all the profits, but you also have to deal with all the debt.

Pros

You have complete control of the company and can make all key decisions
Fees and business licenses are inexpensive depending on the state where your business is
You may be liable for tax deductions since you and your business are in practice considered as one
Dissolving the business will be easy without the need for too much formal paperwork

Cons

It will be difficult to hire new employees or scale-up operations
You have to do everything, which could be overwhelming
You also have to deal with all losses, and debt, which may come out your own pocket

Limited Liability Company (LLC)-Manager Managed

A group of members owns the business, and they all share the company’s liability. A managing member handles all business activities.

This business ownership separates your business from personal assets. As such, legal implications will not touch your property or the members’ personal property either.

For instance, if a lawsuit requires you to compensate or pay for something, you won’t have to tap into your personal assets. This ownership type basically considers you and your business as separate entities.

This structure is ideal for people who are big risk-takers but want to protect their stuff if everything goes downhill. However, you still stand to lose a lot if the business fails. That’s why smart LLCs settle for a legal business operating agreement.

Pros

It is not difficult to set up, depending on your state
The managing member will take care of all operations
Individual members share responsibility which you can change easily
Gives small and medium businesses a professional outlook
Depending on your state, you may qualify for tax deductions

Cons

Will completely crumble if key members exit
Managing members typically have greater liability
You have limited decisive powers if you’re not a managing member
You would share losses even if they were brought about by a single member

Partnership

It’s hard to establish a successful business on your own. That’s why most people settle for partnerships to navigate the convoluted field of business.

Partnerships vary because of the different number of partners and also shared responsibility between partners.

Partnerships mainly boil down to two types. These types are:-

General Partnerships– General partnerships are partnerships mostly between two individuals. Each party shares equal responsibility and liability in the firm.

Limited Partnerships – In these types of partnerships, one person takes charge of the company, while the rest of the partners are only investors.

Pros

Financing and responsibility is shared among members
Flexibility in terms of ownership and responsibility among members
It’s easy to set up the business structure
An investor may invest heavily, for a portion of the ownership

Cons

Trust and co-operation is imperative to a successful partnership
A partnership between two individuals can have many tied votes on crucial matters
Other partners’ actions may put you at debt without any involvement
Might need a formal partnership agreement to avoid any disputes

Corporation Board Member

Corporations are large scale companies. These companies delegate the decision making aspects of the company operations to a board of directors.

This ownership structure is one of the most complex business structures. Understandably so, it engenders the ownership of very large multinational companies.

The board members have a lot of responsibility in managing the company. The board dictates the company’s ultimate mission and also sets targets and goals the company must achieve within a given time.

There are a lot of meetings with corporations. Only high-level professionals or heavy investors qualify to be on the board of directors.

Choose a Business Ownership Type That Suits Your Business

With the many types of business ownership, finding the right one for your business shouldn’t be an issue. However, think critically about the type of ownership you settle for. It will determine many aspects of your business in the times ahead.

Partnerships are good for small and medium-sized businesses. If you’re a very small startup, then you can start off as a sole proprietorship. As the business grows, you can explore other ownership options to adapt to the growth.
For more insightful reads on all matters business, remember to check out our other pieces.

StrategyDriven Entrepreneurial Insights

April 1, 2020/in EB - Entrepreneur /by StrategyDriven

This week’s actionable entrepreneurial insights from StrategyDriven’s world renown business and leadership experts:

Entrepreneurship

During this Crisis, Don’t Expect Business as Usual from the Family Enterprise

Family businesses and wealth are under threat like never before. With family members unable to go to work, it’s hard to imagine how to go back to some sense of normal once we get the “all clear.” That uncertainty and inability to be in command of business operations makes us...
Cyber Security Personnel, LLC

Innovative transition program to assist Veterans for careers in the cyber security private sector. We are also developing cyber security on-line courses to train Veterans to enter cyber security private sector....

Starting Your Business

All About Structure: Understanding the Various Types of Business Ownership

How many types of business ownership are there? And what does yours need? Read on to learn more about business structure & organization....
Bootstrap your online business – Top tips to stretch your start up budget

Starting up an online business in today’s economy is no easy feat, as you’ve already got hundreds of thousands - if not millions - of other businesses already established and have the upper hand on you....
Online Businesses Popular for Senior Citizens to Start

Retirement does not need to mean the end of work for senior citizens if they don’t want it to. There are many businesses that even those in need of in-home senior care can start....

Managing Your Business

Creating Your Own Factory Space

There comes a time in which your production or industrial business outgrows its current surroundings and develops a need for increased capacity and facilities....
Are there Benefits of Cloud Computing for Businesses?

One aspect that can universally benefit businesses is cloud computing. This is where data is stored and managed, as well as processed, and it is all done using a network of servers that are hosted remotely....
How To Safeguard Your Company Data

It doesn’t matter what kind of business you run, you will need to take steps to safeguard your company data, and that of your customers, from cybercrime and data loss....
Mastering the Tech: 4 Strategies for Getting the Most of Your Medical Cart Computers

Use the following four strategies to ensure your hospital, clinic, or other facility can make the most of your medical cart computers....

Managing Your People

Getting the Best out of Your Employees

As an employer, you need a reliable and positive team of staff that does their best every day; however, occasionally it can be hard to keep employees motivated....
8 Reasons Why Workplace Safety Training is So Important

Why is work place safety training so important and how does it really benefit your employees? You never know when it could come in handy. Learn more here....
Cyber Security Personnel, LLC

Innovative transition program to assist Veterans for careers in the cyber security private sector. We are also developing cyber security on-line courses to train Veterans to enter cyber security private sector....

Managing Your Finances

8 Steps to Building Your Business Credit

It’s often a challenge for small businesses to establish their credit when they have nothing to show for it. Here are the exact steps you should follow to boost your business’s credit score....

Online Marketing and Website Development

Why Your Business Needs an Online Presence

There are many ways available to market your business. Discovering which media is best to reach your customers takes patience and research. Some of the most popular avenues to explore today involve the internet and social media....
4 Tips to Lead an Effective Marketing Campaign for Your Store

Executing an excellent marketing campaign is even more critical for brick and mortar retail stores than it is for other types of businesses, such as those that operate solely online....
4 Easy Ways to Promote Your Business

Competition in today's market is fierce, and it can be difficult to set yourself apart from your competitors. Use these methods to promote your business and attract new clients....

StrategyDriven Expert of the Week

Don Schmincke, co-author of High Altitude Leadership, is the founder of the SAGA Leadership Institute, an organization that helps CEOs achieve outstanding results in strategy, leadership, sales, and cultural alignment. From CNN to the Wall Street Journal, his use of anthropology and evolutionary genetics to remedy the high failure rates of management theories has established him as a consultant renegade and leading global authority.

Listen to StrategyDriven Podcast Special Edition 10 – An Interview with Don Schmincke, co-author of High Altitude Leadership

StrategyDriven Business Operations Management Forum

March 28, 2020/in General /by StrategyDriven

Without properly executed support functions, a business grinds to a halt…

Business operations processes support those individuals performing the business’ production functions. These processes provide, support, and maintain the personnel, processes, technologies, and materials enabling all organizational functions.

Business operations processes support performance of the organization’s production functions; ensuring availability of sufficient personnel, process, technological, and material resources. Consequently, effective business operations management is vital to sustained value creation.

Business operations management involves the oversight of those functions supporting core production operations. These functions include business strategy, organizational performance monitoring, human resources management, training, finance, government and regulatory affairs, legal, information technology, security (physical and cyber), emergency management, facility management, and business services (travel, catering, event planning, etcetera).

Effectively managing these functions to support core production operations necessitates and understanding of the input needs of both the other integrated business operations and supported production processes. While informed at a strategic level through enterprise resource projection and management, business operations management translates and delivers these needs on a tactical, day-to-day basis.

StrategyDriven and members of our Service Providers Network stand ready to support business leaders with their business operations management activities – process assessment, enhancement, and training/implementation – to whatever degree they desire. From online advice and benchmarks to direct consultation and the provision of services, we are business leaders’ most trusted partner.

Focus of the Business Operations Management Forum

The StrategyDriven Budget Management Forum focuses on the practices enabling responsible management of an organization’s financial resources. The materials within this forum provide how-to guidance for proactively overseeing and deliberately controlling an organization’s approved budget.

Articles

Total Access StrategyDriven Insights Library Subscribers can access all of the articles listed below. Sample Library Subscribers can access those articles annotated as [SL]

Not yet a StrategyDriven Insights Library Subscriber? Click here to learn more.

The StrategyDriven Team

Headquartered in Acworth, Georgia, StrategyDriven provides affordable business consultations in Atlanta, the Southeast, throughout the United States, and around the World. Our world class advisors are recognized leaders in their chosen fields.

To learn more about StrategyDriven’s team of seasoned business executive contributors, click here.

Kim Ades

Kim Ades is President of Frame of Mind Coaching and one of North America’s foremost experts on performance through thought management.

Christopher Conner

Christopher Conner, President ofFranchise Marketing Systems has been in the franchise industry since 2002 working with several hundred different franchise systems in management, franchise sales and franchise development work.

Jeffrey Gitomer

Jeffrey Gitomer is the New York Times bestselling author of Little Red Book of Selling, the best-selling sales book of all time.

Nathan Ives

Nathan Ives is a renown Fortune 500 business advisor and author of Discovering Business Gold, used to identify over $200 million in operational cost savings.

Hank Moore

Hank Moore is a renown business advisor, speaker, and author of The Business Tree, revealing his trademarked approach to growing, strengthening, and evolving business.

StrategyDriven Process Management Forum

March 28, 2020/in General /by StrategyDriven

Efficient, consistent execution of the organization’s functions…

Processes govern the performance of all organizational functions. While integrated with each other, they should necessarily be efficient within their own right.

Achieving process efficiency requires diligent monitoring, control, and coordination of process inputs, activities, and outputs. Such management involves the people, materials, tools, equipment, software, and data resources associated with the process.

Typically the responsibility of functional area managers, process management involves the monitoring, control, and coordination of process inputs, activities, and outputs; ensuring the efficient use of organizational resources to achieve the process defined outcomes.

Process management involves the oversight of involves people executing the process, the materials, tools, and equipment used during the process, and the applications and data resources supporting the process; including the seamless transition of those resources sourced from interfacing processes and their associated applications and other outside sources.

StrategyDriven and members of our Service Providers Network stand ready to support business leaders with their process management activities – process assessment, enhancement, and training/implementation – to whatever degree they desire. From online advice and benchmarks to direct consultation and the provision of services, we are business leaders’ most trusted partner.

Focus of the Process Management Forum

The StrategyDriven Process Management Forum focuses on the practices associated with optimizing, controlling, monitoring, and managing the organization’s processes to ensure efficient function performance.

Articles

Total Access StrategyDriven Insights Library Subscribers can access all of the articles listed below. Sample Library Subscribers can access those articles annotated as [SL]

Not yet a StrategyDriven Insights Library Subscriber? Click here to learn more.

Featured StrategyDriven Expert Contributor Articles

Five Coaching Tips to Help Business Process Management Leaders Succeed by Shelley Sweet
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