When Caroline Keros was given the job of Sales and Marketing Director, her company had a 2020 goal to achieve less than 5-10% churn for current customers. Given a global customer base of less than 50, Caroline was told that maintaining a strong relationship with every customer was extremely important. Previously, contact with customers was
Recently, I had the pleasure of speaking with Senior Program and Operations Leader, Maria Coombe. The following is her story: The company was experiencing a high volume of resignations of cleared systems and software engineers.  This was impactful for two reasons:  1) Completing contract deliverables was difficult as personnel resigned; and 2) Investment loss (the
When a critical supplier is considering Chapter 11 Bankruptcy and still owes your company $35M, it leads to some sleepless nights.  David Traub, International Joint Ventures, Partnerships and Strategic Alliances expert; inherited just such a situation when his company appointed him Head of Precious Metals Trading for the Americas. He discovered that not only was
When senior director, Suresh Joshi approached the issue of marketplace competitiveness, his first look confirmed the following: “Our initial services for sellers to review the best marketplace prices was insufficient, since 25% of the sellers took more than eight hours to opt-in.  I led a bottoms-up ideation with my team in partnership with my product
According to the Harvard Business Review, resiliency is defined as “the ability to recover from setbacks, adapt well to change, and keep going in the face of adversity.”[1]  Valerie El-Jamil, a senior coach with the Human Capital Strategies Firm, Stewart, Cooper & Coon, said the focus is on dealing with a situation and moving forward.
All companies want to expand at some point during their growth history. Aggressive expansion and diversification initiatives require more planning and require significant increases in cash flow to fuel those plans.  Recently, I spoke with Craig Mezik, a Senior Financial Management Executive who shared a powerful story on how to simultaneously increase cash flow, improve
Gaining and keeping customer satisfaction high is tough, no matter the industry. One way many companies keep up is to keep score; but a score on what?  I hate detail, but this story requires some terminology that many of us do not use, so here goes. In the banking and credit union industries, it’s KPI’s,
Almost daily, I speak with job seekers who tell me that they have an ok or good resume. It’s an age-old story. They keep submitting it and getting poor responses. Sometimes their strategy is poorly defined, and they either hear nothing or keep getting requests to sell life insurance (no disrespect intended to this wonderful
Opening Latin America for any company is a challenge. I remember the complexities of that challenge pre-internet days.  I was curious, given the times we are living in and with the Covid-19 virus spreading worldwide, what it was like opening a market in Latin America today. I called International Sales and Business Development Consultant, Michael
Each year, companies lose millions by not controlling shrinkage, Especially out-of-stock key items, operational weaknesses, and theft.  Every company, regardless of industry or size, has some sort of shrinkage.  Recently, I spoke with Strategic CFO and Compliance Executive, David Robson who said that one company he worked for approached four times average for his industry;