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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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The most important thing a business needs is customers. Just as importantly, you need to understand the needs of your customers and what it is that makes them come to you for help. If you… The Customer Metrics Every Manager Should Know
Key performance indicators (KPIs) are measures of a company’s strengths and weaknesses of the business. They should be used in comparison to the external competition and internal customers to improve company’s economic standing. In Supply Chain,… Warehouse Key Performance Indicators
Every type of business, not to mention every type of manager, has a different set of vital statistics that really matter. For manufacturing people, it could be inventory turns, on-time delivery, and unit cost. For… Three Ways to Take Your Company’s Pulse
Respons-able marketing is an unexplored approach to the marketing function, yet it is likely to gain traction as we move from hunters, gatherers, hoarders, community builders to fixers. Exposure to all sets of people related… Introducing Response-able Marketing
Global merger and acquisition activity hit record levels in 2014, a trend that is expected to continue and even accelerate through 2015. Based on historic results, over 70% of merger transactions can be expected to result… Rethink Post-Merger Talent Retention
As manufacturers are reaping the benefits of Lean and Lean Six Sigma or other continuous improvement processes within their facilities, the importance of eliminating waste still hold sway. So the question now facing these manufacturers… Just-in-Time vs. Just-in-Case: An Inventory Dilemma
Mr. Charles Fiaccabrino is one of the most remarkable and impressive people I have crossed paths with. Over the past couple years, I had the distinct pleasure of working with him closely, as we (at Flevy)… Who Is Mr. Roche?
Here’s a little different tactic from the usual idea of reducing or eliminating wastes in a manufacturing process. How about gathering the waste from the other steps in a manufacturing process and using it to… The Art of Transforming Waste into Profit
There are a lot of stories about how men are reluctant to read the directions before starting to do an assembly or not asking for directions when they are lost! According to one study by… This Is a Major Issue for Family Business Owners: Asking for Help
When it comes to social media, you don’t need to pay to play, but it’s a good idea to know what everyone is up to as you form your own digital marketing strategy. Paid social media… How to Use Paid Social Media Advertising to Extend Your Reach
Email marketing has been around for a while, and its value hasn’t gone down over the years, in fact, it’s increased. Everybody loves getting email, but spam not so much. The pleas from Nigerian princes,… The Incredible Value of Email Marketing
Marketing is no longer just about pushing a product, rather it is a compelling brand story that makes an organization stand out. @SocialMktgSltns Social media is an extremely effective tool to distribute your company’s brand story… Tell Your Company’s Brand Story Using Social Marketing