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Significance of Strategic Operations Management in the Electronics Industry

The Startup Magazine

From a diverse workforce to huge investments in training and development, these giants have evolved as favourites among customers only because of long-term decision-making and setting clear goals and objectives to be achieved within a specific period. Strategic operations management in the electronic industry is not easy.

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8 Ways To Ensure Customer Interactions Are Memorable

Startup Professionals Musings

Yet, as a business consultant, I often find minimal focus on improving employee engagement and assessing their customer-facing performance. For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees.

Customer 369
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How To Survive The Loss Of A Main Customer

YoungUpstarts

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Losing a major customer will inevitably impact cash flow.

Customer 286
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How Modern Tech Helps Businesses Manage Their Fleet Better

The Startup Magazine

Modern technology has made it possible for fleet managers to optimize operations, streamline vehicle acquisition, and leverage telematics innovations to their advantage. One of the key benefits of efficient fleet management is cost reduction. Improved customer satisfaction is another advantage of well-managed fleets.

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Tips To Effectively Manage Remote Employees

YoungUpstarts

Due to the rise of latest technology and digital business trends, entrepreneurs are hiring remote employees from different countries and states not only to expand their business processes but to provide their overseas customers with quality services. Set Limits with Remote Employees. Set Expectations Clearly.

Employee 101
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Change Your Management Style To Meet Today’s Culture

Startup Professionals Musings

Yet, in my daily role as an advisor to entrepreneurs and small business owners, struggling to boost revenues, profits, and earnings, I still see too many managers falling back on command-and-control, a focus on weaknesses, and not enough time for people. The result is lost productivity and a poorly engaged work force.

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5 Effective Financial Management Practices Used in the Hospitality Industry

The Startup Magazine

While hotels and other businesses in the sector need to establish sound financial management practices, it can be difficult to find time for extensive training. But if you’re planning to build a business in the hospitality industry, you need a well-rounded financial management strategy. Leveraging Revenue Management Solutions.