Performance Management: The 5-Step Cycle of Managing High Performance

Performance Management is all about developing a foundation where employees can deliver the highest performance. It is a system of strategies, policies, information management and continuous improvement. Highest performance can be achieved only through a holistic system approach to management where everything is organized and streamlined to work on achieving the overall goals of the … Read more

Value Proposition and Sales Strategy Plan Development

Value Proposition 1. What we sell? While most companies define the benefits of their products and services the high performance sales organizations have clear and effective value propositions – more on this later in this article. 2. Who is the customer? In addition to creating customer segments and groups, successful business organizations develop an ideal … Read more

What is Affinity Marketing?

Affinity marketing is a direct marketing approach where two organizations partner with each other to provide new offerings out of their existing complementary products and services in order to boost branding and revenue. When it is done the right way, the affinity marketing program helps each of the companies involved to boost customer loyalty, get … Read more

3 Simple Operating Performance Ratios

Operating Performance Ratios Operating performance ratios is an important category of financial ratios analysis. Evaluating the overall company operating performances require analysis of company’s revenue and cost structure, inventory analysis as well as analysis of accounts receivables. Revenue or sales will show how successfully the organization operates in terms of market share and marketing and … Read more

Excel Tools for Financial Ratio Analysis

Effective managers and analysts use both quantitative and qualitative company analysis to better understand the organizational performance and financial situation. While the quality part of the analysis includes gathering input from the company management, executives, clients, vendors, etc. the quantity type of analysis includes financial analysis of financial statements and ratios. The ratios or KPIs … Read more

How to Design Questionnaire for Marketing Research

Designing questionnaire is among the foundations associated with researching the market. The particular questionnaire is simply not an end alone but it is just an effective marketing research and marketing analysis tool where individuals are questioned and responses are recorded in a well organized way. Without using questionnaires typically the interview or survey will not … Read more

How to Monitor Trends in Your Business

It is the way we live our lives – we continuously inform ourselves with all the events and developments that mean something to us. Trends are important indicators not only for the present but also for the future. By following trends it is simple to see and understand what is coming up next and what … Read more

Customer Value Proposition Guide

The customer value proposition explains the unique and specific benefits for your core customer and it is not necessary statement about your product and services. For example, your unique statement can simply communicate the way you do business – which means that you don’t have to offer the best product in the market in order … Read more