Berkonomics

JULY 6, 2023

The technique, “OST” (objective, strategies, and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Email readers, continue here…] Here are some example strategies from some of my companies over the recent years. What is a strategy? Aren’t these just goals?

Organization 156

Organization Metrics Demand Resource 156

Startup Professionals Musings

DECEMBER 17, 2013

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition.

Metrics 100

Metrics Technical Review Sales Statistics 100

Berkonomics

MAY 20, 2021

Enterprise time, as opposed to personal time management, is the sum total of resources available to a company expressed in terms of time – time to develop, to debug, to produce, to deploy, to respond to issues, and to make changes in plans that are not working. But first, identify what those critical resources are in your company.

Resource 156

Resource Outsource Development Metrics Customer 156

Startup Professionals Musings

DECEMBER 12, 2021

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. Measuring message delivery in social media is a lot like measuring it in classic advertising, so classic metrics apply. Get attention and reach your audience. Project the future.

Social Media 127

Social Media Media Metrics Satisfaction 127

Berkonomics

JUNE 30, 2022

More often, you (the leader) set the goal and push for achievement – hopefully establishing a realistic set of strategies and accurate metrics to measure progress along a timeline. A leadership goal vs. a mantra: I once sat in on a roundtable meeting in which the executive of a company stated his goal as “educate the world.”

Education 156

Education Metrics Course Resource 156

Startup Professionals Musings

APRIL 26, 2012

But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. Jim Sterne, who has written six books on Internet advertising, marketing, and customer service, tackled this complex world of social media metrics in his book titled " Social Media Metrics."

Social Media 98

Social Media Metrics Media Startup 98

Startup Professionals Musings

APRIL 21, 2023

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. People are your best innovation resource. Set milestones and meet them.

Coach 137

Coach Metrics Competition Ideas 137

TechCrunch LA

OCTOBER 21, 2021

Netflix employees staged a walkout yesterday in response to the company’s handling of a Dave Chappelle special that premiered on October 5. Netflix has decided to air Chappelle’s special, which contains jokes about transgender people, even though some employees have voiced concerns they feel have been ignored by the company.

Netflix 300

Netflix Demand Content Hollywood 300

socalTECH

MARCH 29, 2019

According to the company, the project includes 61 wind turbines, and will be TEP's largest renewable energy resource. The project is expected to generate enough energy to meet the needs of nearly 100,000 homes, and will help the utility avoid nearly 688,000 metric tons of carbon (CO2) emissions annually.

San Diego 113

San Diego Metrics Resource Report 113

Startup Professionals Musings

MARCH 18, 2022

I remember too many once thriving and growing companies, such as Blockbuster and BlackBerry, who somehow changed their way of thinking, and were overtaken by more nimble and astute peers or newcomers, like Netflix and Apple. Limit resources to be applied to optimizing processes. Limit resources to be applied to optimizing processes.

Startup 154

Startup Artificial Inteligence Metrics Netflix 154

Startup Professionals Musings

DECEMBER 30, 2022

I can think of many companies that waited too long to react to change, including Polaroid and Blockbuster , and were never able to recover. Don’t be lulled into a false sense of security by an initial innovation that has served your company well so far. Define realistic metrics to keep track of progress.

Technical Review 101

Technical Review Metrics Resource Software Review 101

Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Here are some example strategies from some of my companies over the recent years. What is a strategy? Yet each is measurable if achieved.

Organization 275

Organization Metrics Demand Resource 275

Startup Professionals Musings

OCTOBER 20, 2023

Networking to build and maintain positive relationships with the right people outside your company is something you can’t forget in the rush to get your new business going. Most new businesses need three to five advisors or board members to regularly evaluate progress and resource needs, as well as your own leadership.

Marketing 116

Marketing Resource Training Startup 116

Tech.Co

NOVEMBER 28, 2022

Currently, TikTok relies heavily on digital advertising to bring in revenue, although this has not been as reliable of a profit stream in recent months as it has previously and is forcing the company to look for alternative ways to make money. By some metrics, certainly not. A Mountain to Climb.

Social Media 151

Social Media Startup Commerce News 151

Startup Professionals Musings

OCTOBER 11, 2010

But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. Jim Sterne, who has written six books on Internet advertising, marketing, and customer service, tackled this complex world of social media metrics in his recent book titled " Social Media Metrics."

Social Media 84

Social Media Metrics Media Satisfaction 84

Startup Professionals Musings

NOVEMBER 16, 2022

In fact, even within Fortune 100 companies, almost 90 percent have encountered growth stalls or flirted with failure, or worse, in the last 50 years. No company can afford to lose the agility, flexibility, and innovation of a startup. Companies follow each other rather than the market. Morgan (chemical manufacturing).

Startup 120

Startup Statistics IBM IBM 120

Startup Professionals Musings

MARCH 24, 2023

Their challenge to me is how to integrate innovation into the thinking and process of every team, and measure the “ risk versus reward ” of resources expended. The focus at this level, primarily in companies that have a long history of success, usually in very stable markets, is to continue sustaining and exploiting existing advantages.

Organization 111

Organization Resource Activity Examples 111

Startup Professionals Musings

MAY 21, 2022

by Joseph Jaffe and Maarten Albarda, both experienced marketers working with new companies, as well as larger firms. In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics. They advocate investing in their new framework, where the Z.E.R.O.

Marketing 127

Marketing Framework Social Media Media 127

Startup Professionals Musings

JULY 26, 2021

Since we all have limited resources, and can’t add more hours to the day, the result is usually more things done poorly, rather than a few key things done better than anyone else. It’s a tough world even for big-company generalists, who take on the complexities of product diversification. Well-articulated goals and metrics.

Startup 154

Startup Resource Entrepreneur Metrics 154

Startup Professionals Musings

JANUARY 17, 2022

As a startup, you need to use your limited resources to excel at a few core things for your best customers, in order to stand out and get the momentum going. He talks in detail about ten of the key challenges that Facebook faced in their growth, to move from a tiny social media upstart to one of the most successful companies in the world.

Startup 144

Startup Social Media Metrics Custom 144

Berkonomics

MARCH 31, 2016

We can invent lots of metrics to measure progress for a leader, including revenue, profit, employee satisfaction, cost containment, percentage of available market, and more. Yes, if you are a bad leader of people, you will lose human resources and frustrate your attempt to reach to goal.

Resource 120

Resource Metrics Satisfaction Course 120

Startup Professionals Musings

JULY 26, 2023

Most business metrics I see compare current performance to your own previous experience, rather than your performance compared to industry standards and competitors. It’s easy to find daily problems to swamp all your resources, such that looking to stave off future competitors is not in your priorities.

Metrics 71

Metrics Training Netflix Resource 71

Frank Addante

NOVEMBER 11, 2013

Today, we are working on a prototype of a new measurement metric that we call ROP (Return on Productivity). This metric will help us determine what works, what doesn’t, and why. The Return on Productivity metrics will be directly tied to business value (e.g. That’s a lot of productivity gain!

Product 99

Product Metrics Company Companies 99

Startup Professionals Musings

JULY 25, 2020

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. People are your best innovation resource. Set milestones and meet them.

Metrics 144

Metrics Coach Social Network Competition 144

Berkonomics

DECEMBER 5, 2013

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. No-one challenged this number, and it became an unattributed source of the metric for market size for years. Email readers, continue here.]

Metrics 239

Metrics Startup Marketing Demand 239

Startup Professionals Musings

MARCH 9, 2019

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. Measuring message delivery in social media is a lot like measuring it in classic advertising, so classic metrics apply. Get attention and reach your audience. Project the future.

Social Media 98

Social Media Media Metrics Satisfaction 98

Berkonomics

NOVEMBER 6, 2014

Enterprise time, as opposed to personal time management, is defined as the sum total of resources available to a company expressed in terms of time – time to develop, to debug, to produce, to deploy, to respond to issues, and to make changes in plans that are not working. Extending the Runway book available at www.berkus.com.

Resource 176

Resource Outsource Development Metrics Custom 176

Startup Professionals Musings

JANUARY 6, 2021

Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. The company has since gone public, and is still a market leader.

Technical Review 160

Technical Review Technical Advisors Startup Custom 160

Startup Professionals Musings

APRIL 30, 2021

According to consistent feedback over the past several years, even in the best companies, employees seem stuck at less than 40 percent happy and "fully engaged.” That’s a huge opportunity for productivity in your business, as well as your team well-being. Enhance intrinsic motivation through coaching.

Satisfaction 168

Satisfaction Coach Resource Tool 168

InfoChachkie

SEPTEMBER 23, 2013

Pilot agreements are provisional contracts under which companies can assess the veracity of a potential, long-term relationship. The “go / no go” structure of such contracts effectively allows big companies to defer their ultimate decision of whether or not they want to work with the startup until after the Pilot is completed.

Sales 215

Sales Outsource Development Metrics Resource 215

Startup Professionals Musings

APRIL 17, 2017

Yet if you don’t spend some resources preparing for the changes in the marketplace we already know about, there may be no tomorrow for your business. I believe these factors are key to the future success of every new startup, as well as every mature company: Leadership must be values-based and people focused.

Company 55

Company Companies Artificial Inteligence Technical Review 55

Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. These show a focus on the business elements required for success, and metrics for ensuring accountability, management control, and feedback along the way.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Startup Professionals Musings

OCTOBER 28, 2020

He brings a wealth of experience to the table, based on years of consulting work with middle market companies around the world. If you start with a distorted or biased view of what your company needs, no execution is likely to achieve the results that win. Doing what it takes to win involves risk and sacrifice.

Coach 159

Coach Resource Summary Metrics 159

Startup Professionals Musings

MAY 3, 2023

I found some good guidance with practical specifics to accomplish this new type of leadership in a recent book, “ Your Resource is Human ,” by Melissa Romo. She brings more than twenty years of experience building and working with globally dispersed teams and Fortune 500 companies around the world. Start with ‘How are you?’

Startup 113

Startup Summary Coach Organization 113

Berkonomics

APRIL 14, 2016

push for achievement – hopefully establishing a realistic set of strategies and accurate metrics to measure progress along a timeline. I recently sat in on a roundtable meeting in which the executive of a company stated his goal as “educate the world.” More often, you (the leader) set the goal and.

Education 120

Education Metrics Course Resource 120

socalTECH

JANUARY 2, 2020

What was the biggest news for you/your company this year? While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. What is the biggest lesson you learned this year?

Capital 100

Capital SoCal Southern California SaaS 100

Startup Professionals Musings

AUGUST 1, 2021

You never have the time and resources for International expansion, acquisitions, venture capital investors, or going public. You can’t build a great company without help. Data – Define a handful of key metrics to free you from managing personalities, egos, subjective issues, emotions, and intangibles.

Entrepreneur 174

Entrepreneur Search Engine Optimization Satisfaction Social Media 174