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Knowledge Retention: How to Protect Your Competitive Advantage

ConversionXL

You invest in your employees—mentoring, conferences, training. Employees take other jobs. Knowledge retention is a process for identifying. Knowledge retention isn’t a corporate nicety. Successful knowledge retention programs answer three key questions: What knowledge may be lost? Why knowledge retention matters.

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Back To Basics: Document Management Best Practices

YoungUpstarts

Here are some tips to better manage your documents: 1. Consistent Naming of Documents. For instance, you can list the type of document first, the client it is intended for as second, the date as third, and the date the file was created last. Granting Access to Documents and File Permissions. Consistent Folder Structures.

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What Makes Employees Productive in a New Startup?

ReadWriteStart

But one of the secrets to effective scaling is an efficient team; if your employees are working productively and consistently, they’ll be capable of making your vision a reality. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Uncertainty. Experimental workflows.

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Common Employee Performance Management Challenges and How to Fix Them

Up and Running

As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. In this article, we outline the challenges that startups can face when managing their employee performance, as well as solutions to get their employees on the right track.

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Tech That Can Make The Freelance Economy Sustainable

YoungUpstarts

They want platforms and services that automate hiring and retention while ensuring freelancers feel as supported as their full-time colleagues. Before the freelance economy can flourish, though, business leaders need technology that can help them manage and support freelancers as well as they treat full-time employees.

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How To Develop Your Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

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The 4 Phases For Developing A Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 115