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Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other
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3 Steps to Building a Data-Driven Culture in Your Organization

If an organization isn’t guided by data in everything that it does, then it risks falling by the wayside, because this is becoming a minimum requirement for efficient operation and growth. This sounds daunting initially, but with a firm plan driving your efforts to create a data-driven culture, you needn’t be intimidated, and can instead […]

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The Hooked Model

Marketers have always been curious about why some service or product offerings seem irresistibly appealing while others fade into obscurity. In the past, the same phenomenon was at play that used to make people glued to their TV sets for hours, and today, this is what triggers us to check on our phones compulsively numerous […]

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2 Best Practices for Streamlining Patient Experience in Medical Spas

As the intersection of healthcare and hospitality becomes more pronounced, medical spas are under pressure to elevate their service to meet not only the health but also the comfort expectations of their clientele. This is easier said than done, but the right strategies will take the sting out of trying to please newcomers and keep […]

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Customer Effort Score (CES)

In a world where Customer Loyalty and Satisfaction are paramount, the Customer Effort Score (CES) emerges as a beacon guiding organizations to optimize their interactions. This article is centered around one of the most impactful Customer Experience metrics. the Customer Effort Score.  CES plays a role in understanding the ease of customer interactions, thereby shaping […]

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How Effective Health Management Strategies Save Businesses Money in the Long Run

Healthcare costs can take up a huge chunk of your company’s revenue. Besides the direct costs, sick employees will be less productive or have to take leaves to address their health condition, which means less human resources and ultimately diminished profits. So, as a business owner, having an effective healthcare strategy can help you save […]

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Navigating the Global Market: Strategies for Managing an International Business Successfully

In today’s interconnected world, expanding into international markets has become a key strategy for many businesses looking to grow and thrive. However, managing an international business comes with its own set of challenges, from cultural differences to regulatory complexities. To succeed in this dynamic environment, entrepreneurs and business leaders must adopt strategic approaches that encompass […]

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Stacey Matrix

Today’s rapidly evolving business landscape is marked by an unprecedented level of complexity and uncertainty, necessitating tools and frameworks that enable leaders to navigate these challenges effectively. The Stacey Matrix, developed by Ralph Douglas Stacey, stands out as a pivotal instrument in this regard, offering a nuanced understanding of the dynamics at play in organizational […]

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Net Promoter Score (NPS)

The Net Promoter Score (NPS) is a metric used to measure customer loyalty and satisfaction. It is based on a single survey question that asks participants to rate their propensity to recommend an organization, product, or service to others. NPS respondents can be categorized into 3 groups: Promoters Passives Detractors NPS is a significant metric […]

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How Managed IT Services Foster Business Efficiency and Revenue Growth

Struggling to keep pace with the digital demands of the business world? You’re not alone. Companies are constantly searching for ways to streamline operations and propel growth. This is where managed IT services enter the conversation as a game-changer. When it comes to sharpening your competitive edge, outsourcing IT can be akin to finding a […]

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Cracking the Consulting Code: Top 10 Customer-centric Design (CCD) Frameworks

Business frameworks and methodologies are structured tools to approach complex, but common business challenges. They allow us to cut through noise, zero in on the key issues, and facilitate the development of insightful recommendations. The importance and usefulness of business frameworks in the consulting world—especially among the global strategy firms—cannot be overstated. For consulting firms, […]

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Optimizing Your Business Contracts: Best Practices for Negotiation and Drafting

“Contracts rule the business world” has often been said in boardrooms worldwide, highlighting the vitality of effectively negotiating, drafting, and executing business contracts. In this guide, we seek to unravel the practices that can enhance your capability to optimize your business contracts. Preparing for Negotiation Understanding your negotiation goals is the bedrock of successful preparation. […]

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Cracking the Consulting Code: Top 10 Innovation Frameworks

Business frameworks and methodologies are structured tools to approach complex, but common business challenges. They allow us to cut through noise, zero in on the key issues, and facilitate the development of insightful recommendations. The importance and usefulness of business frameworks in the consulting world—especially among the global strategy firms—cannot be overstated. For consulting firms, […]

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