Business Growth Strategies For CEOs: Top CMOs On Marketing Strategy Implementations

Navigating Growth During the Economic Sugar Crash

Thu, Aug 4, 2022 | Posted by Pete Hayes

Everyone “knows” we’re in a recession except the economists. We feel the pain of collapsed 401k's, higher fuel and food prices, so isn’t that enough to declare a recession? And shouldn’t my business be hunkering down to ride this out?

In today’s chaotic economy, we are more likely to react to news headlines and stock market trends than market insight. We might completely abandon a core strategy, or delay critical execution tactics, based on the sick feeling in our guts. One way to solve this is by tapping the reliable data and forecasts published by ITR Economics.

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Hiding the Full Value of an Innovation

Wed, Nov 4, 2020 — “If the people don’t want to come out to the ballpark, nobody’s going to stop them.” -Yogi Berra A powerful, sales-producing change that most companies can make quickly: Find messaging that is not working very well, and replace it. This is especially important when marketing an innovation.

Diversity Drives Innovation, Growth and the Bottom Line

Tue, Oct 22, 2019 — By Yvonne Brown and Tom McCrary Diversity is increasingly on our minds. Indeed, US census data indicates that our population is becoming more diverse, estimating that by 2042, whites will no longer be a majority of the population. An important business corollary—and a significant opportunity—is that diversity in an organization drives innovation, growth and bottom-line improvement.

Ready, Set, Innovate: Four Questions to Ask Before you Launch New Products

Fri, Nov 30, 2018 — Taste can be a fickle thing. When a finicky public is constantly demanding the newest, best, and latest of your enterprise, it puts an insane amount of pressure on you to meet their changing demands. Companies often respond to this challenge by launching new products or services. This solution should be carefully considered, and prepared for.

Disrupting Your Marketplace: Are You Ready for What the Future Delivers?

Tue, Jul 10, 2018 — In 1907 – at a time when we as a nation weren’t that far removed from receiving mail via “Pony Express”– a visionary young fellow named James “Jim” Casey borrowed the princely sum of $100 and founded a small company called American Messenger Service in his hometown of Seattle, WA. More than a few years – and millions of package movements later – Casey’s company grew into the hugely successful United Parcel Service – forever changing the way packages were delivered with frequency, and setting a new standard by which Ben Franklin’s venerable U.S. Postal Service would struggle to meet.

The CEO's Challenge of Staying Relevant in an Accelerated World

Mon, Sep 19, 2016 — And what to do about it Almost all CEOs face the challenge of maintaining relevancy in the markets they serve. More specifically, what keeps many CEO’s awake at night is the realization that something is materially changing in their company, in their markets, or within what was once a marquee product line. Yet, the rank and file just can’t see it. And if they do see it, they aren’t responding fast enough. Maybe our CEO can’t fully understand it. But their instincts tell them that it’s more than a seasonal blip; it’s something systemic that could rock the company off its foundation. In many instances, the problem boils down to the company not innovating fast enough. The world is seemingly passing it by. Relevancy is lost.

Beer or Innovation? I'll Take Both!

Fri, Jun 17, 2016 — Even the oldest, most straightforward business models are capable of innovation. Your company may never be revolutionary like Apple or become a category buster like Starbucks. But if you innovate by making small, often simple, changes you can alter the way your customers and prospects think about you and your products. No matter how staid or commoditized your business is, follow the three tips at the conclusion of today’s post and you will become an innovator, with all of the attention and revived interest that innovation creates.

The Great Race: Staying Ahead of Consumers and Competitors through Product Innovation

Wed, May 25, 2016 — If you’ve ever watched the popular ABC-TV show “Shark Tank,” you know that Mr. Wonderful, Mark Cuban, and the rest of their millionaire and billionaire entrepreneurial assemblage are simply not interested in investing in any product that a) has a competitor copycat, or b) can be replicated by a consumer giant. If one of these two criteria is apparent, the deal is 100 percent dead on arrival, no matter how devoted or tenacious the entrepreneur may be. As Mr. Wonderful (aka seasoned entrepreneur and investor Kevin O’Leary) often says, we all have to “wet our beaks.” It’s a dog-eat-dog world, and regardless of whether our company is dealing with an investor or a customer, we are attempting to innovate in the middle of a quick, competitive age of consumer product innovation. Brands must utilize their consumer data and analytics, think ahead on product innovation, and interact with their customer base in an impactful way – or the competition will take care of it for us instead.

What Giraffes can Teach You about Building a Strategic Growth Plan

Thu, Jul 23, 2015 — A funny thing happened as animal beings evolved over the past several billion years – one such beast was bestowed with the ability to get a bird’s eye view of all it surveyed – while staying firmly planted on the ground. The giraffe can grow up to 18 feet high, with nearly half of that height accounted for with a neck and head. The giraffe, rightfully so, is often chosen symbolize taking in the big picture, communication and gracefulness. This, my friends, is why you will understand when I say you need to roadmap like a GIRAFFE – visualizing your organization from a broad view before fabricating the details of its long-term strategic direction.

Creating An “Authentic” Customer Relationship (Part 1): Three Macrotrends To Understand Right Now

Tue, Jun 30, 2015 — There’s a “Holy Grail” that the best marketers rarely mention out loud, but represents the ultimate victory in the loyalty game – keeping a customer or guest until they pass on to the great beyond. In reality, having a “customer for life” has become a concept that few can truly visualize anymore. The effect of protracted worldwide recessions, the arrival of finicky Baby Boomers and restless millennials on the scene, and the effectiveness of technology in leveling the marketplace, have threatened the existence of the concept – for those who are unwilling to make significant changes to match the cadence of today’s consumer.

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Growth Insights for CEOs

Navigating Growth During the Economic Sugar Crash

Recent Posts

Hiding the Full Value of an Innovation

Diversity Drives Innovation, Growth and the Bottom Line

Ready, Set, Innovate: Four Questions to Ask Before you Launch New Products

Stay up-to-date with the latest from Chief Outsiders

Disrupting Your Marketplace: Are You Ready for What the Future Delivers?

The CEO's Challenge of Staying Relevant in an Accelerated World

Beer or Innovation? I'll Take Both!

The Great Race: Staying Ahead of Consumers and Competitors through Product Innovation

What Giraffes can Teach You about Building a Strategic Growth Plan

Creating An “Authentic” Customer Relationship (Part 1): Three Macrotrends To Understand Right Now

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