Small Business Concepts - Deepstash

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Small Business Concepts

52 STASHED IDEAS

  1. Be transparent and call a spade a spade, using the term ‘price increase’ in your communication, instead of beating around the bush and using an excuse of a word.
  2. Explain the real, honest reason for the price increase in a clear manner.
  3. Provide a compelling story, a narrative that justifies an increase in price while highlighting the new benefits and value to the customer.

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About The Book

A world-class business education in a single volume. Learn the universal principles behind every successful business, then use these ideas to make more money, get more done, and have more fun in your life and work.

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Organizational design

The first rule of organizational design is that all organizational designs are bad. With any design, you will optimize communication among some parts of the organization at the expense of other parts. Your goal is to choose the least of all evils.

The basic steps to organizational design:

  1. Figure out what needs to be communicated;
  2. Figure out what needs to be decided 
  3. Prioritize the most important; communication and decision paths;
  4. Decide who’s going to run each group;
  5. Identify the paths that you did not optimize;
  6. Build a plan for mitigating the issues identified in step 5.

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