Business Analytics – Business Results

Business Analytics – Business Results Business analytics is used to help organizations make fact-based decisions.  It involves analyzing data in ways that provide deep insights. According to joint research conducted by MIT Sloan Management Review and IBM Institute for Business Value study,  55% of organizations now apply analytics to create a competitive advantage within their…

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Strategy News: Imation Buys Nexsan

 Strategy News:  Imation Buys Nexsan Storing and protecting company data is an important function for those who run businesses of all types and sizes. Of course, new technology has drastically changed the ways companies choose to handle important data over the last several years. And now, the data landscape is changing once more, particularly for…

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5 Reasons Why Strategy Fails

Strategy Failure – 5 Reasons Why Strategy Fails

Strategy Failure – 5 Reasons Why Strategy Fails Highlights from Entrepreneur article written by Nilofer Merchant, CEO of Rubicon Consulting. Nilofer Merchant has gone from admin to CEO and today she serves on boards for both public (NASDAQ-traded) and private companies. She is the author of two highly regard strategy books. Milofer Merchant shares that there…

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5 Reasons Why Strategy Fails

5 Reasons Why Strategy Fails The author of the article, Nilofer Merchant (CEO of Rubicon Consulting), shares that there five reasons why strategy fails in small, medium and large-sized companies: 1. Blaming Nilofer explains that there a countless reasons that people blame when a strategy fails. They argue that the failure is due to: poor…

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Business Failure – 10 Causes of Business Failure

Business Failure – 10 Causes of Business Failure Failure is a topic most of us would rather avoid. But ignoring obvious (and subtle) warning signs of business trouble is a surefire way to end up on the wrong side of the business survival statistics. What is the business survival rate? Statistically, roughly 66 percent of new…

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Business Strategy Failure

Business Strategy Failure  There are many reasons why strategic plans fail, especially: Failure to understand the customer Why do they buy Is there a real need for the product inadequate or incorrect marketing research Inability to predict competitive|environmental reaction What will competitors do Fighting brand management|brands Price wars Will government intervene Over-estimation of resource competence…

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Strategy Failure – 10 Common Reasons

Strategy Failure – 10 Common Reasons While the data on strategic plan failure rates is all over the map, suffice it to say it’s HIGH!  Below you’ll find ten common reasons strategic plans fail.  It’s likely that the last strategic initiative to fall short in your organization could be attributed to one (or some combination)…

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Google and FTC: What Does It Mean For Your Business?

Google and FTC: What Does It Mean For Your Business? After years of complaints about search results on Google, the Federal Trade Commission finally investigated and ultimately, took no formal steps against the company . The result must have sent Larry Page and his management team dancing in the company’s headquarters and driven Steve Ballmer,…

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IT Should Be on the CEO’s Agenda

IT Should Be on the CEO’s Agenda Click here to view original web page at www.gartner.com Exacts from article by Thomas C. Lawton is a Visiting Professor of Business Administration at the Tuck School of Business at Dartmouth There is growing evidence across industries of the tendency to elevate information technology, known as IT, from…

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Brainstorming: Why Brainstorming Doesn’t Spark Innovation

Brainstorming:  Why Brainstorming Doesn’t Spark Innovation Columbia Business School professor William Duggan is an expert in intuition and innovation and the author or a new book entitled Creative Strategy.   And as he recently told his university’s Ideas@Work publication, the generally accepted model of how to generate creative ideas is badly out of touch with the latest…

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