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How good a leader are you?

Berkonomics

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. There are many roads to Rio, so they say. But there is one overwhelming method of appraising the effectiveness of a business leader.

Resource 156
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6 Keys To A Winning Business Model For Your Customers

Startup Professionals Musings

Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Of course, that has be a repeatable event, with enough revenue to sustain the business. No matter how good your cause, it takes real money to sustain a business.

Customer 109
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5 Forces That Kill Momentum For Business First-Movers

Startup Professionals Musings

Set up training courses that highlight agility, and adopt agile working practices. You need to maintain explicit C-suite and Board buy-in for constant transformation through effective communication, highlighting the struggles of peer businesses, and establishing the right metrics.

Metrics 122
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5 Entrepreneur Exasperations To Moderate Your Passion

Startup Professionals Musings

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. Data – Define a handful of key metrics to free you from managing personalities, egos, subjective issues, emotions, and intangibles.

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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

Each of these will help you in achieving success and satisfaction while tackling your toughest business issues: Stop attacking symptoms – dig first for the root cause. A broken process or a subtle quality issue can generate a flood of customer satisfaction problems, cost overruns, and loss of market share. Then pick the best one.

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8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

Of course, starting and running your own business comes with financial and personal risks, so I always recommend that you do your homework first, and follow some tried and proven strategies to improve your odds of success. Define key metrics to measure progress and success. Use comparable metrics for managing team member results.

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5 Key Initiatives Define The Ultimate Startup Leader

Startup Professionals Musings

Of course, skills in decision-making are not enough alone to make a great entrepreneurial leader. Proactively sets metrics and track goals. Work on the right characteristics, and think hard about those five key pivotal decisions that can make or break your satisfaction and your legacy. Willing to question assumptions and adapt.

Startup 141