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Rethinking Innovation

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Not All Innovation is Equal Consider those who make gainful use of innovation as benefactors.  However, those who are impacted by innovation may be unintentionally harmed.  Ask taxi cab drivers how they feel about Uber.  Often technological progress disrupts the … Continue reading

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Thinking In Advance

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Your Best Asset A good friend of mine once told me that the best asset one has is “thinking in advance”.  In business, this is especially true.  When you think of it, carefully preparing before an important meetng or presentation, … Continue reading

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Step 9

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9 Receive accurate and timely feedback on your business operations and their results by utilizing a set of easy to collect metrics   Management Reporting Once your company grows beyond a few people, more and more of the important work … Continue reading

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Step 8

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8 The best laid plans can go awry so assessing possible risks and threats to a synthesized view of your business is essential to eliminate or reduce disruption Risk Management How MGG meets this challenge: Risk identification and assessment of … Continue reading

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Step 7

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7 Building an infrastructure that supports qualified employees and contractors will increase retention and safeguard your company’s assets Operating Efficiency Operationalizing a new business has all to do with the best use of human capital. Clearly defining roles and responsibilities … Continue reading

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Step 6

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6 Being frugal is great for your business and good for your investors, and each dollar saved goes right to the bottom line   Procurement & Sourcing Using variable resources and variable cost alternatives can help cash-strapped start-ups obtain maximum … Continue reading

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Step 5

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5 Performance will increase with superior lead selection criteria resulting in decreased mean time from lead generation to closed sales   Tactical Sales Planning It’s time to move from marketing theory, research and planning to tactical sales planning. We need … Continue reading

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Step 4

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4 Success comes from effective execution of the business plan and modeling adds science to increase your odds Financial Modeling Modeling reveals the feasibility of your completed business plan. Secondly, modeling is indispensable in both optimization and reducing risk. How … Continue reading

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Step 3

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3 At this point, you will have synthesized the “whole picture” including potential revenue, and how your business capital will be used   Business Costs Planning Now that we’ve established your vision’s revenue basis we need to measure what needs … Continue reading

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Step 2

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2 When completed, you will have established your company’s revenue sources as well as a basis to realistically estimate revenue growth   Marketing, Research & Planning This step focuses on where you want to go. How well do you know … Continue reading

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