- Get organised
- Provide amazing customer service
- Implement effective marketing
- Invest in your staff
- Get the price right
What makes a good strategic initiative
Execution of strategic initiatives goes beyond project management. The three tenets of successful initiative execution are discipline, transparency, and efficiency.
How do I start a new initiative?
- Decide to act
- Invest your leadership capital
- Leverage early adopters
- Communicate the vision clearly and often
- Make it easy for people to do the right things, and hard not to
- Identify and celebrate the wins, early and often
What is an initiative strategy
What is a strategic initiative? A strategic initiative is a comprehensive plan that an organization sets out for achieving its strategic goals or long-term visions for improvement.
If a goal asks what you want to achieve, a strategic initiative explains how you can achieve it.
It’s a map route to your destination.
How do you write good initiative?
- Step 1: Set a Goal
- Step 2: Set Objectives
- Step 3: Set the Strategy
- Step 4: Set Up a Plan
- Step 5: Execute the Plan
What is Initiative plan
According to the Cambridge Business English dictionary, the definition of Initiative is “a new plan or action to improve something or solve a problem”.
The examples give an even better understanding of what initiatives represent: a marketing/cost-cutting initiative, a diplomatic/peace initiative.
How can I improve my initiative skills?
- Never Stand Still
- Do More Than is Required Of You
- Think as a Team Member, Not An Employee
- Speak Up And Share Your Ideas
- Fake It Till You Make It
- Consider Every Opportunity
- Always Be Prepared
- Be Self-Promotional
Are goals and initiatives the same
A goal has a specific focus and often simply describes the problem you’re trying to solve.
An initiative is a long-term, complex undertaking that touches multiple teams and usually spans more than one quarter.
Products might have many initiatives in flight at any given time.
What is B2b sales cycle
The B2B sales cycle can be divided into 7 big key cycles after defining who is responsible: prospecting, the pre-approach, the approach, the presentation, the overcoming of objections, the closing, and the follow-up.
How do you show initiative at work examples?
- Seeking more responsibilities
- Tackling challenges/solving problems
- Training others/sharing knowledge
- Helping your coworkers
- Providing regular status updates
- Building strong working relationships with coworkers
- Doing things and projects that others avoid
What is a key initiative
What are Strategic Initiatives? Strategic initiatives are key action programs focused on achieving a specific objective or closing a gap between a measure’s performance and its target.
What can you do to Take Initiative at work?
- Voice your ideas
- Be curious and learn about the work going on around you
- Find a new opportunity for improvement within your workplace
- Address any problems you notice
- Step in when someone needs help, and ask about team progress
- Offer help when training new employees
What are initiative skills
What are initiative skills? Initiative skills refer to your ability to assess a situation and take action without direction from someone else.
Initiative is a self-management skill , and purposeful self-management can help you set goals independently and direct the trajectory of your career.
What makes a customer happy
Happy customers are people who value your brand beyond the initial purchase. They trust that your company is aligned with their needs and is committed to helping them achieve their long-term goals.
Any business can make its customers happier.
What are the 5 smart goals examples?
- Specific: I will learn new sales techniques to increase sales at work
- Measurable: My goal is to double my sales in four months
- Attainable: I’ve been a sales associate for two years now
- Relevant: I want to feel more confident at my job and learn new skills
What are the 3 types of objectives
Within the organization there are three levels of objectives: strategic goals, tactical objectives, and operational objectives.
What is the 80/20 principle in marketing
The Pareto Principle in business refers to the way 80 percent of a given business’s profit typically comes from a mere 20 percent of its clientele.
Business owners who subscribe to the 80/20 rule know the best way to maximize results is to focus the most marketing effort on that top 20 percent.
Why B2B sales is better than B2C
While the buying process may be longer, a B2B customer is not likely to purchase just one or two small items like B2C customers will.
Instead, you’re more likely to sell large quantities of products with a B2B client.
Additionally, you have a greater opportunity to reach out to B2B customers to make repeat purchases.
What is the difference between initiative and project
Working on initiatives is often different from completing projects. Because strategic initiatives typically comprise multiple projects, implementing them can involve using portfolio management principles.
For example, the focus of many initiatives is more on the overall outcomes and benefits to the organization.
Is initiative the same as objective
Initiatives are all the projects and tasks that will help you achieve a Key Result.
Imagine your organization is a car. The Objective is your destination, the Key Results show if you’re heading in the right direction, and the Initiatives are what you’ll do to get your car moving.
How do you motivate your team to hit targets?
- Share your vision and set clear goals
- Communicate with your staff
- Encourage teamwork
- A healthy office environment
- Give positive feedback and reward your team
- Provide opportunities for development
- Give employees the space they need to thrive
What is a tactical initiative
Tactical initiatives typically solve pressing needs, such industry updates, breaking news on the competition, or the latest product information.
Strategic initiatives maximize the significant investments made by an organization in training, sales processes, and coaching.
What are key growth drivers
These drivers are: the customer, people, technology, operations, finance, transactions and risk. Our research has found that focusing on each one can help business leaders assess where they are today and plan the right path to accelerate growth.
What are key strategic drivers
Strategic drivers are shaped by both internal and external forces. Internal drivers may include mission, people, and profit goals.
External drivers include markets, competition, taxes, regulations, technology, and customer needs.
What are the 7 smarter goals
In George Doran’s original article, his acronym stood for specific, measurable, assignable, realistic, and time-related.
Then I did various comparisons online and found that the most common version of S.M.A.R.T. nowadays stands for specific, measurable, achievable, relevant, and timely.
What are the 5 key drivers
Having worked with dozens of companies, including many in the Fortune 500, Cope has discovered that focusing on the five key drivers – cash, profit, assets, growth and people – enables everyone to understand how their organizations operate, make money and sustain profitable growth.
References
https://www.forbes.com/sites/womensmedia/2011/08/22/3-powerful-skills-you-must-have-to-succeed-in-sales/
https://blog.hubspot.com/sales/sales-process-
https://blog.hiya.com/top-sales-initiatives
