Uncover Lost Profits in 6 Steps – The Power of Strategic Business Units

We’d all probably agree that diversifying your company’s product lines or service offerings is a good idea, but there’s also a risk that accompanies multi-product/multi-service business models.  It can be become incredibly challenging to maintain a clear view of what’s working (or not) when it comes to individual products/services, so it becomes harder to make well-informed, targeted decisions.  That’s where Strategic Business Units come into play. The concept of Strategic Business Units (SBUs) centers around the idea that each product … Read More

Profit Potential: Assessing The 4 Categories of Products & Services

If you’re like most business leaders, you want to maximize the profitability of your products and/or services.  But you also likely recognize that success means managing your time and resources effectively.  Before launching a new sales strategy or marketing campaign, it’s important to first look at the profit potential of each of your products/services – empowering you to make the best decisions possible for allocating your resources. The 4 Categories of Products and Services Step back and think about your … Read More

3 Strategic Planning Myths That May Be Holding You Back

What C-suite executive doesn’t love the words ‘strategic’ and ‘planning’?  After all, strategic implies an outlet for you to apply your business acumen and carefully honed skills, and planning gives you a sense of control over future outcomes.  It’s no wonder ‘strategic planning’ has become such a predominant buzzword across all industries. Unfortunately, as strategic planning continues to become an increasingly mainstream topic, some common myths and misconceptions have taken root in the business community – and are holding many … Read More

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