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Product Portfolio Management: What It Is and Why It Matters for Business Leaders

Epicflow

For the growing companies, it’s crucially important to keep track of all their products and make sure they are in demand and meet customers’ needs. A good way to increase profitability is to work on the products that will definitely bring revenue and make the right improvements that people are expecting.

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Unleashing Business Potential: Benefits of Consulting Services

Business Consulting Agency

Whether launching a startup, navigating the complexities of a small business, or steering a large enterprise through expansion, the benefits of business consulting services are profound. The result was a 30% increase in productivity and a successful funding round, showcasing the tangible impact of consulting services.

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See and Resolve Team Dependencies, Part 2: One Person Outside the Team

Johanna Rothman

Does your organization have an enterprise architect or Chief Product Person? If a person delays the work, how then can we “know” the product proceeds in the “right” way? But, you say, the Enterprise Architect helps you. Here's the story of Pat, the Enterprise Architect. Small-World Network.

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Economies of Scope - Tom Spencer consulting blog

Tom Spencer

Economies of scope exist where a firm can produce two products at a lower per unit cost than would be possible if it produced only the one. In contrast, economies of scope is a lesser known concept particularly relevant to small and medium sized enterprises (SMEs) that may not have access to large markets or the ability to produce at scale.

Cash Flow 117
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Why business can be good at solving social problems

Tom Spencer

As we identified back in March when we looked at Sustainable Social Enterprise , one of the core problems with traditional charities and government social programs is that the solutions don’t scale. helping suppliers improve their capabilities can help an upstream firm to streamline or customise its own production line.

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Strategy-First Innovation: Making Changes that Last

Tom Spencer

Priorities might include developing new products, expanding into new markets, enhancing the customer experience, increasing operational efficiency, or embracing sustainability. Unique advantages include strengths that distinguish a business, add value to its products, and give it a competitive edge over the competition.

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Economic uncertainties, recessions, and unforeseen disruptions can shake the foundations of even the most robust enterprises. For example, a manufacturing company might explore new markets or develop complementary products to ensure a more stable income.