Old Thoughts
Advanced Product Development
The Marketing Research Association reports that of all the developed products, only 40% make it to market. Even more shocking is that 40% of those that do make it don’t generate any revenue at all. Careful planning increases the chances that your product will not only...
Intermediate Product Development
Every year, over 30,000 products hit the market. However, according to Clayton Christensen, professor at Harvard Business School, 95% of these products will fail. Beating the odds doesn’t depend on luck. When you understand product development, you learn why so many...
Product Development 101
Every product started as an idea. The difference between products that outperform in their market and those that fail before taking off isn’t just luck. The best products rely on solid product development strategies to set them up for success. In this article, we’ll...
Advanced Process Management
The best process isn’t the perfect one. The best process is one that gets used. Once you learn how to avoid the mistakes that lead to impractical procedures, you can implement steps that build a stable foundation for your company. This article covers the in-depth...
Intermediate Process Management
Imagine that you're training for a new role in another department. You have their SOPs, and you're following them to the letter. The issue is that everyone else is not. What do you do when the processes are there, but there's still something missing? Now that...
Process Management 101
For a moment, imagine that you have to show someone how every process in your company works within 24 hours. Can you do it? Those who said yes probably have one of two things: Incredible luck or well-structured processes. But what is a process? And why do you need to...
Fractional Chief Operating Officer vs. Chief Operating Officer
When a company begins to scale up, it may find itself faced with problems it just doesn't know how to solve. When this happens, it may be time to consider bringing in a Chief Operating Officer (COO). However, that may not be the right fit for every kind of...
Fractional Chief Marketing Officer vs. Chief Marketing Officer
Have you ever had the perfect dinner at your favorite restaurant and the waiter brings you the dessert cart? The temptation is real as you stare at those decadent creations but you know you can't finish one. All you need is a bite to make you happy. That one bite...
Strategy Consulting vs Business Consulting: What’s the Difference?
There is every chance that at some point in your career you will need to take on advice on where to take your business. Maybe you will get this from a peer, a previous colleague, or it might be your manager. Either way, it might turn out they do not have the answer...
Strategy Consulting vs Management Consulting
Are you wondering whether your business needs strategy consulting vs management consulting? While at face value they might seem the same, but there are key differences. In this in-depth guide, you'll get to discover what strategy consulting is and isn't, and what...
What is Strategy Consulting (and Why You Need It)
Leading a business to success requires a good amount of knowledge about operations and day-to-day tasks. These are what keep your business afloat. But you will likely miss out on market opportunities. That is unless you are incorporating yearly strategy sessions into...
Communication: Mindful and Effective Ways to Keep Everyone Informed
Some companies operated on a need-to-know basis. And certainly, in some situations and industries, this may be a necessary position to take with respect to sharing information within a company. However, in most instances, transparency within a company pays off in the...
Employee Growth: Providing a Rewarding Environment for Your People
At the core of a company’s success is the knowledge held by its employees. Providing a culture that nurtures increased employee growth through knowledge acquisition can prove to be one of the greatest returns on investment and organization can make. The goal of this...
Research: Gather Your Facts for Better Decision Making
Research is often undervalued in a company as leaders rely on their own experiences, their knowledge set, and possibly the knowledge and experiences of others. Surprisingly this can prove to be a limited amount of knowledge and insights when compared to the breadth of...
Your P&L: Where to Focus
The quick death of any young company is often the lack of focus on the right areas of their profit and loss (P&L) statement. Established companies can likely get away with a lack of focus and oversight for a while, but lack of attention to the details will...
Business Process Improvement: Identifying What Needs to be Fixed
Regardless of the age or size of your organization, it is likely you have one too many business processes that need to be improved. Identifying these areas of your business that need to be improved can prove to be difficult. Though in some cases it might be very...
Project Management: An Integral Component to Company Success
Every company has numerous projects occurring at any given time. Core project management skills are necessary to ensure that projects are run efficiently and effectively. Project management has been around for centuries in various forms. As a discipline, it gained in...
PMO: Getting Your Project Management Office Started
An emerging trend over the past 10-20 years (certainly in the information technology areas of a company) is to implement project management (PMO) office to help companies deliver on strategic plans. Project management has been around for centuries in various forms. As...