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5 Tips for Effective Business Goal Setting
Rowing requires a crew of eight oarsmen to row in near-perfect unison to win a race. Each crew member has a distinct role. The coxswain steers the boat, makes tactical calls, and encourages the crew, while the “stroke” sets the cadence of the blades in and out of the water. The middle crew in positions 3, 4, 5, and 6…Read More -
6 Best Competitor Analysis Tools (Updated for 2022)
Crunchbase
FactSet
Visualping
SEMRush
LexisNexis
PowerBI
Knowledge360Ⓡ
Competitor analysis plays a vital role in the strategies of many of the world’s leading firms, acting as an important input into key strategic decisions. But as the industries that businesses compete in become increasingly complex, it’s more important than ever that competitive intelligence analysts like you embrace tools that enable you to deliver…Read More -
Ensure Timely and Accurate Financials With a WIP Report
The Work in Progress report is an important tool, used primarily by construction, engineering, supply chain management, and other companies involved in complicated multi-step projects which involve timelines stretching over months, and in some cases, years. This article, written with the construction industry in mind, briefly surveys the usefulness of the WIP report and the inherent hazards of improper usage.…Read More -
5 New Year’s Resolutions for Business Leaders to Ensure Growth
For business leaders, planning in the new year includes reflecting on your business progress and applying key learnings to grow in the year ahead. Jump start 2022 with these...
1) Set Your Growth Goals
Review your results from 2021 and use that information to set your growth goals for 2022. Did you achieve the targets set? Do you know…Read More -
Prepare for the Next Normal With These 3 Focuses
We’ve all anticipated the “new normal.” But there is no going back. Too much has changed to return to whatever “business as usual” was before the pandemic.
To prepare for the “next normal,” businesses must refocus their strategy, rethink how they operate, and pivot to accommodate — and leverage — new expectations and new realities. Those that do will have…Read More -
Tips for 2022 Business Planning and Goal Creation
One year ago, as organizations were starting to plan for 2021, pretty much everyone threw up their hands and said, “There are too many unknowns with COVID-19 to even try to plan!” Now, driving toward 2022, we feel like we can see a little more clearly… starting to visualize life after COVID-19, though admittedly through a bit of a haze.…Read More -
Fahrenheit Expert Spotlight: Megan Price, Business Advisory Consultant
Megan Price taps a broad range of strategy development, organizational behavior, process integration, and change management experience to help clients overcome obstacles to growth. Megan makes the unknowns of business inflection points easier to overcome. Her passion for solving business problems is driven by an empathetic approach that builds the trust required to navigate them.
"As companies grow, it's…Read More -
Achieve Your Business Goals by Year End
There’s no escape. Winter is coming.
Like the white walkers in Game of Thrones, the goals you set for yourself and your business earlier this year, the ones you haven’t looked at since March, stalk you as the days get shorter, colder… darker.
But there’s still time to ward off the night, accomplish what you set out to do, and…Read More -
SERIES: Thought Leadership Derived From Switch: How to Change Things When Change is Hard – Part 3
In my house, we have three kids and approximately 30 reusable water bottles (a bit much, I agree). I am constantly gathering an inordinate amount of water bottles for cleaning. When the kids can’t find the one they used earlier (they don’t actually look that hard), they just grab another one. To be honest, I would probably do the same…Read More -
New Executives Enhance Fahrenheit Advisors’ Capabilities in Business Strategy, Finance, and Sales Consulting
Mark Vita and John Atkinson have joined Fahrenheit Advisors in critical leadership roles that will help the firm better serve its clients as they seek growth through improved business processes, tech-driven solutions, and increased sales.
Mark Vita joins Fahrenheit as Managing Director and leads the firm’s Business Advisory and Finance & Accounting Practices. He takes the practices’ reins from Keith…Read More -
SERIES: Thought Leadership Derived From Switch: How to Change Things When Change is Hard – Part 2
Have you ever tried to launch a new initiative at work and after weeks of presentations, training, and implementation, you realize there is a lack of enthusiasm and an overabundance of stagnation in adopting the new program? You’ve explained the rationale behind it, you’ve promised them that revenues will increase by 20% in the next year, and you’ve even told…Read More -
3 Critical Assets Needed for Strategic Readiness in Business
As we reflect on the past 17 months, resilience in our organizations has become a critical factor in moving forward. The ability to be resilient and return to a more recognizable business state relies heavily on a solid foundation in your organization. The disruption we’ve experienced has been challenging but presents you with opportunity to:
Revisit the foundation,
Test resilience,…Read More