Remove Coach Remove Competition Remove Examples Remove Metrics
article thumbnail

5 Ways To Optimize Team Satisfaction In The Workplace

Startup Professionals Musings

In my experience advising businesses, large and small, I have often been surprised by the level of complacency and general malaise I find in the ranks, with a resultant direct loss of productivity and competitiveness. Develop metrics to monitor work intensity. Let that be part of their job satisfaction.

article thumbnail

7 Keys To Sustainably Enriching Your Customers’ Lives

Startup Professionals Musings

A winning linked focus example is to choose a higher purpose common to all cultures, such as protecting the environment, or helping the underprivileged. At every Ritz-Carlton , for example, employees are authorized to spend up to $2,000 per guest to solve any guest issue and make the stay positively memorable.

Customer 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

For example, I have a friend with a Ph.D. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. For example, I often cite the case of Bill Gates and Steve Ballmer , who grew Microsoft together. Create a written plan, with target milestones and metrics.

Ideas 126
article thumbnail

5 Keys To Business Culture That Are Counter-Intuitive

Startup Professionals Musings

These things are clearly good for morale, but its not so clear that they translate into a competitive advantage. These authors present 20+ years of research, including case studies and metrics, showing how culture really makes or breaks your business. Ongoing culture steps require tuning of measurements.

article thumbnail

10 Signals That You Can Be A Trusted Business Leader

Startup Professionals Musings

Define metrics to measure what you want to achieve. For example, measuring marketing team members on sales leads may not get you the revenue growth or trust you expected. Show humility while acting as a mentor and coach. Granting trust is a strong signal that motivates returning the favor.

Mentor 98
article thumbnail

8 Initiatives To Make Your Customers Loyal Advocates

Startup Professionals Musings

Promote by example a superior customer experience mindset. It must be written down, with measurable team objectives, validated by metrics and compared against competition. Provide coaching and mentoring as well as training. Lost customers provide the best input. Most importantly, your actions speak louder than words.