Thu.Apr 11, 2024

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What is the Decision-Making Process? Definition, Steps, Examples, and Ethical Process

IdeaScale

What is the Decision-Making Process? The decision-making process is defined as a systematic approach to making choices or selecting a course of action among several alternatives. It involves several steps, which can vary depending on the context, complexity, and significance of the decision.

Examples 246
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4 Reasons Why Managers Fail

Harvard Business Review

Gartner research has found that managers today are accountable for 51% more responsibilities than they can effectively manage — and they’re starting to buckle under the pressure: 54% are suffering from work-induced stress and fatigue, and 44% are struggling to provide personalized support to their direct reports. Ultimately, one in five managers said they would prefer not being people managers given a choice.

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What is the Use Case Diagram? Definition, Uses, Examples, and UML Use Case Diagram

IdeaScale

What is the Use Case Diagram? A Use Case Diagram is defined as a graphical representation of the interactions between users (actors) and a system. It illustrates the various ways in which users interact with a system to achieve specific goals or tasks.

Examples 130
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Research: How Ratings Systems Shape User Behavior in the Gig Economy

Harvard Business Review

Platform providers typically display ratings information to the user in two ways. Incremental rating systems, employed by platforms like TaskRabbit and Airbnb, offer a detailed view by listing and often providing insights into every individual review score. Averaged rating systems, used by platforms such as Uber, Lyft, and DoorDash, present an overall score that aggregates all individual ratings.

System 127
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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What is the Supply and Demand Curve? Definition, Examples, Aggregate and Market Supply and Demand Curve

IdeaScale

What is the Supply and Demand Curve? The supply and demand curve is defined as a fundamental concept in economics that illustrates the relationship between the quantity of a good or service that producers are willing to supply and the quantity that consumers are prepared to make purchases at different price points.

Examples 130
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24 Customer Experience Mistakes to Stop in 2024

Innovation Excellence

GUEST POST from Shep Hyken My friend and fellow Customer Experience (CX) expert Brittany Hodak and I recently began a 52-week series for 2024 titled Shep and Brittany’s Super Amazing Show. In the second episode, rather than talk about what to do in 2024, we shared several tips on what not to do.

Tips 99

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How Generative AI Can Help Investors Redefine the Competitive Deal Landscape - SPONSOR CONTENT FROM EY

Harvard Business Review

Sponsor content from EY.

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What is Project Planning? Definition and Examples

IdeaScale

What is Project Planning? Project planning is the process of defining the objectives, scope, deliverables, timelines, resources, and activities required to complete a specific project successfully. It involves creating a comprehensive roadmap that outlines the steps needed to achieve the project's goals and objectives within the specified constraints.

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Lenten Campaign Celebrates Return of LaRosa’s Beloved Menu Items 

Brunner

Overview: The team at LaRosa’s Pizzeria takes pride in serving up a family-friendly menu that offers something for everyone, including beloved seasonal items such as their tuna hoagy, tuna salad plate, beer battered fish hoagy, and fried fish dinner. (Hungry yet?) Campaign objective: LaRosa’s wanted to build awareness of meatless menu options available during Lent in a campaign targeting their active family audience.

Video 52
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Culture is Your Primary Job

Rmukesh Gupta

Death valley is known for its harsh weather and for being the place where the highest ever ambient air temperature was recorded (134F). It is a desert valley for most of the year. However, in 2005, the valley got heavy rainfall which led to, what is called a super bloom. The valley was blanketed with blooming flowers all around. When the environment becomes conducive, even the most harshest place for life to exist comes alive.

Culture 52
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Exploring the Interconnected Relationship Between Brand Strategy and Overall Business Strategy

Flying Fish Lab

Achieving organisational success requires careful consideration of various factors, and a well-defined business strategy can be powerful in this pursuit. By outlining long-term goals, businesses can guide themselves through the process of decision-making and resource allocation efficiently. However, business strategy alone is insufficient, it should come hand-in-hand with brand strategy to propel organisations to greater success.

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Leaner, Faster, Smarter: Transforming Innovation Culture

ITONICS

Scan the covers of best-selling books on innovation, and many of them focus on culture as a major driver of innovation success. Concepts of lean and agile. Startup and experimentation mindsets. Advice to fail fast and fail forward.

Culture 36
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A Sampling of Testimonials from Idea Champions Clients

Idea Champions

Since 1987, Idea Champions has been designing and facilitating a wide range of brainstorming sessions, creative thinking trainings, and innovation workshops for more than 130 organizations in 11 different countries. During that time, we have worked with just about every industry on planet earth and every kind of mindset. What follows is a sampling of testimonials from our satisfied clients.