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Business management

Business management Best Practices examples

Business management Best Practices examples

  1. Engage workers;
  2. Set team expectations and be performanace driven;
  3. It is all about people;
  4. Initiatives must inspire shared insights;
  5. Reward effort;
  6. Having a clear process;
  7. Create a foolproof foundation;
  8. Be vulnerable;
  9. Stay committed;
  10. Implement continuou improvement thinking;
  11. Be transparent;
  12. Document the processes;
  13. Building for the future;
  14. Use data-driven decision making;
  15. Invest in the right people;
  16. Focus on excellent customer service;
  17. Seek clarity;
  18. Identify shared business values;
  19. Focus team effort;
  20. Schedule time for periodic evaluation;
  21. Managing without ego;
  22. Own the operation from start to finish.

Business management KPIs

  1. Sales Revenue
  2. Net Profit Margin
  3. Gross Margin
  4. MRR (Monthly Recurring Revenue)
  5. Net Promoter Score