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Fahrenheit Business Advisory Expert Spotlight: Doug Moore
Doug Moore moves businesses to new stages of growth, leveraging more than 20 years in the C-suite to deliver energizing strategies to small and mid-cap companies that increase sales and profits while right-sizing costs. Close collaboration with leaders empowered to make change results in actionable, quickly-implemented, and effective plans.
FUNCTION & SPECIALIZATION
CEO
COO
Chief merchant
President of retail…Read More -
What Should Be Included in a Competitor Analysis?
Analyzing competitors is a key activity for businesses in all industries, and plays a central role in the overall Competitive Intelligence (CI) strategy of the firm. By building a comprehensive understanding of the profiles, behaviors, and strategies of competitors, businesses can make more informed decisions and better position themselves for long-term success.
It’s important to note the distinction between a…Read More -
Use a Balanced Scorecard to Measure Business Performance
“There were 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days.”
— Eric Schmidt, Executive Chairman at Google
The future’s history books — which I’m guessing will only exist in some digital format — will undoubtedly chronicle the past 50 years as a nearly incomprehensible explosion…Read More -
How to Effectively Select and Manage Vendors
Selecting a new vendor, while managing and monitoring your existing strategic vendors, is vital to the success of your organization. Vendors provide critical services and products to your organization, and it is imperative to ensure that no service interruptions occur and expectations are met.
Take for instance the current supply chain issues, if your organization cannot obtain needed inventory or…Read More -
Automation Provides Downturn Protection and Upturn Acceleration
As economic storm clouds gather, there’s one investment mid-market businesses should consider making no matter how dire the forecast.
Automation.
We’re not talking months of custom-code development or enormous investment, but off-the-shelf software (typically) that streamlines repeatable processes, drives efficiencies, improves employee morale, strengthens culture, and frees talent to tackle priority challenges.
Let the computers handle the drudgery of common,…Read More -
3 Ways for CEOs to Tackle Inflation Challenges
Inflation is the Darth Vader of every business today. For more than a year, rising prices have caused rising concern for CEOs distressed about protecting their profitability. With inflation giving us an unwelcome throwback to the 1980s, it’s no wonder it keeps Virginia Council of CEOs (VACEOS) members up at night.
Experts and pundits disagree on whether we’ve seen the…Read More -
ESG: What Is It, Why It Matters, and How to Get Started
You are probably familiar with the term ESG as more and more companies are adopting Environmental, Social, and Governance (ESG) strategies. But what does ESG really mean, and why does it matter?
Let’s back up and start from the beginning…
Although its roots in social responsibility go back decades, the term ESG was coined in 2005 as a result of…Read More -
Making Business Process Automation Easy for Finance and Accounting
A decade ago, the benefits of finance and accounting automation — like saving time and money — were available only to big Fortune 500 companies. Fast-forward to today and technological advancements now allow companies of any size to harness the benefits of automation.
In fact, in a Q1 2022 poll of 450 business leaders, nearly half said their company is…Read More -
Can You Afford Not To Invest in New-Hire Onboarding Automation?
New-hire onboarding is mission-critical for businesses to compete for top talent today, making it the best place to start investing in business process automation in the Human Resources area.
Many leaders of small- to mid-sized companies think, “I just don’t have the time or budget for automation.” But the bottom line is today’s businesses simply must prioritize business process automation…Read More -
Leverage Sales Automation to Accelerate Growth
It’s really no longer a question. Today’s businesses must leverage sales automation to accelerate growth. In our dynamic, highly competitive markets you need to do everything you can to crush it in sales if you want to thrive.
It’s well past time to give up the “I-can’t-afford-the-time-or-budget-to-deal-with-automation” argument. The truth is you can’t afford not to implement automation any longer.…Read More -
Why and When to Develop – and Revisit – Your Strategic Plan
Strategic planning can often be relegated to one of those basic business tasks that leadership engages in once a year and then forgets. After all, there is an inherent fear that too much planning will take away from the doing. But businesses that have really dug their heels into robust strategic planning can attest to it being so much more…Read More -
Fahrenheit Expert Spotlight: Kim Moore, Business Advisory Consultant
Kim Moore is an automation evangelist. For her, robots are not threatening humanoids or massive assembly line machines. They are lines of software code, accessible to businesses of any size, that can connect digital systems and automate repeatable processes – optimizing business operations by freeing humans for higher level, more valuable work.
“Even small gains in productivity and efficiency are…Read More