We provide various strategies that we implement to find suppliers that best meet your business’s needs. Our program helps to negotiate a contract with a supplier, finding something that is favorable both financially and logistically for your company. The contract can be signed electronically for ea...
In this article, we explain what business growth is, describe how to achieve business growth, provide some examples of different business plan types, outline how to create a business growth plan and list some ways you can measure business growth....
Typically, this means growing your revenue. However, growth strategies can also apply to your number of users, customers, products, market share, or even markets served. The defining aspect of a growth strategy is that its goal is to expand your business’s footprint in the world....
Internal marketing aligns staff with company goals, boosts employee morale, and helps attract and retain top talent, ultimately leading to improved business performance. What is an example of internal marketing? An example of internal marketing is a company-wide meeting where leadership shares the org...
An organization witha growth mindsetis essential for developing internal talent. By making skill-building a part of the employee experience, your workforce knows your company is invested in their continued development. In addition to individual skill-building, encourage participation in s...
What is a BI platform, and what are its core functions? BI tools evolved from earlier decision support systems that vendors began developing in the 1960s. Those systems were designed primarily to funnel information to senior business executives; in fact, executive information systems were one produ...
business analytics BI is often synonymous with competitive intelligence and is also confused with business analytics. However, there are some important distinctions. Business intelligence: BI increases your competitive advantage. It uses various technologies to review internal data and analyze business ...
Business growth is categorised in myriad ways, i.e., strategic, partnership/merger/acquisition, internal, rapid and organic. Some of these may be self-explanatory, even for the novice entrepreneur, although organic business growth may need further explication. So what is organic growth in business...
Either way—we both need business intelligence. So what is business intelligence, and how can you use it to make business decisions easier? In this guide, I unpack why you should implement a business intelligence strategy and what that may look like. Table of contents: What is business ...
A PEST analysis can be done as often as a business would like. It is a good idea to perform a PEST analysis when there have been significant changes that may impact a business, such as a change in interest rates, new government policies, or the introduction of new technology. ...