Remove 2021 Remove Metrics Remove Product Remove Satisfaction
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7 Ways To Elevate Your Team Engagement and Happiness

Startup Professionals Musings

Based on my own long experience in business, team satisfaction, engagement, and productivity continues to be a challenge. That’s a huge opportunity for productivity in your business, as well as your team well-being. That’s a huge opportunity for productivity in your business, as well as your team well-being.

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8 Strides For Balanced Business Thinking And Delivery

Startup Professionals Musings

Most of the entrepreneurs I meet as an investor and advisor have no shortage of right-brain thinking, showing vision and creativity, but often don’t realize that their potential is being limited by a balancing focus on results, metrics, and customer specifics. Show results with a minimal viable product (MVP).

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8 Ways To Ensure Customer Interactions Are Memorable

Startup Professionals Musings

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

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7 Practices To Enhance Accountability In Your Startup

Startup Professionals Musings

Make sure that metrics and goals are set up front, and not modified as the project progresses. The result is a loss of trust by your team, increased volatility, and lower productivity by all members of the team. Doing so will increase both your personal life accountability, as well as your business satisfaction.

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7 Keys To Sustainably Enriching Your Customers’ Lives

Startup Professionals Musings

Use metrics to assess needs and growth economics. Business and customer satisfaction data measurements are required, in addition to subjective assessments of team progress, tradeoffs, and investment decisions. A popular set of metrics for customer views is the New Promoter System ( NPS ), available from Bain & Company.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. The focus of key leaders has to change from driving innovative initiatives to replicating repeatable processes and tuning the overall product cycle.