Inefficient business processes are more than just a time drag. They can put a strain on a company’s profitability, hamper its ability to meet consumer demand and make it harder for employees to do their jobs. Without proper management, small issues that go undetected can mushroom into real p...
As you write your business plan, think of it as a flexible road map built to adjust to your business journey. That doesn't mean you should only do surface-level research, however. Another common mistake many entrepreneurs make is doing minimal research before writing their business plan. "Yo...
Small Business Back Small Business Find more customers, win their business, and keep them happy with tools that help you work smarter, not harder.Explore small business solutions Starter Suite Pro Suite Marketing Sales Service Commerce Productivity with Slack Small Business Pricing Data Back Data Brin...
Personal financial planning generally involves analyzing an individual’s or a family’s current financial position, predicting short- and long-term needs, and executing a plan to fulfill those needs within individual financial constraints. Personal finance depends largely on one’s earnings, living req...
A business plan can span a dozen or more pages because it presents the big picture, as complete as possible, to reassure others to invest in you. Investment can mean a few different things – usually financial, but also as partners or employees. The sections that can take a lot of rese...
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While 7 percent may seem like a small number, even at a medium-size organization that can mean hundreds of employees.Learn more about McKinsey’s Transformation Practice.How do transformation leaders achieve their goals?The most successful transformations turn ideas into detailed business plans with ...
In addition to remote monitoring capabilities, the best enterprise asset management software shouldoffer mobile and cloud capabilities. Cloud capabilities mean critical data is available whenever staff members need it — not when they’re hardwired into the local network. And an app that runs on tab...
19 crisis that sets them up for ongoing success. During a McKinsey Live webinar, senior partners Hortense de la Boutetière and Martin Hirt explained the current global economic conditions, the trends emerging from the crisis, and what they mean for ...
Don’t just learn about the companies and accounts you’re pursuing. Learn about the people within them, and make sure your marketing speaks to them. Yes, business decisions tend to be more rational and logical in nature, but that doesn’t mean your content and tone should be rob...