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How to Manage Supply Chain Planning Like a Pro

YoungUpstarts

This integral element of most businesses is woven through every aspect of operations. For manufacturing startups, here are several ways to achieve effective supply chain management: Understand Your Supply Chain Elements. Develop Relationships with Supply Chain Partners. Manage and Mitigate Supply Chain Risk.

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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Zyla, managing director of Acuitas, Inc., Here are a few tips to ensure that you and your partners start out on the right foot. If you stop working for the company, how will that impact your voting and distribution rights? Has your prospective business partner invested in or run a business before? Congratulations!

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Safeguarding Personal Data: What's the Role of SOC2 in Workforce Management?

Transformify

With the widespread use and distribution of information, it’s more difficult for companies to monitor and safeguard their data from unauthorized access. Service Organisation Control 2 (SOC 2) plays a key role in this digital age, defending sensitive employee information, preventing data breaches, and boosting operational efficiency.

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Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. How should a growth company manage their budget? So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility.

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How Remote Startups are Changing the Game for Everyone

ReadWriteStart

To be fair, many businesses had distributed teams even before COVID-19 blindsided us. Often, managers worry that their out-of-sight teams are not sincere about their working hours. The funny thing is that 59% of remote managers are least concerned about their workers’ emotional well-being, which has a cascading effect on team morale.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. Each horizon requires different focus, different management, different tools and different goals. Product management for Horizon 1 uses existing product management tools such as StageGate ® or the equivalent.

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The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

But the risk to founders is that these investors may not be very committed partners and might quickly disengage if things go sideways. They will be diligent, but move purposefully and relatively quickly compares to firms that are operating under the Fear Of Looking Dumb. Business Models and Sectors.