Which of the following is the best way to align a company’s employees around a single purpose?

QUESTION

Which of the following is the best way to align a company’s employees around a single purpose?

Defining a company culture that encourages employees to focus on fulfilling the company’s purpose.

Holding regular training sessions to remind employees what the company’s purpose is and teach them what they need to do to fulfill it.

Having a randomly selected employee recite the company’s purpose verbatim at the beginning of every meeting.

Adding the company purpose to every employee’s email signature.

The correct answer is:

Defining a company culture that encourages employees to focus on fulfilling the company’s purpose.

Which of the following is the best way to align a company’s employees around a single purpose?
Explanation: We will update later. sincerely thank

How can thinking of your business as a flywheel foster cross-team collaboration?

QUESTION

How can thinking of your business as a flywheel foster cross-team collaboration?

If each team has separate funnels, a flywheel can help them understand how those funnels fit together and support each other.

It’s impossible for a funnel to apply to multiple teams.

Funnels inevitably cause friction between teams.

A flywheel replaces the standard org chart by showing each individual employee and team their relationship to every other employee and team.

The correct answer is:

If each team has separate funnels, a flywheel can help them understand how those funnels fit together and support each other.

How can thinking of your business as a flywheel foster cross-team collaboration?
Explanation: We will update later. sincerely thank

Why is it common for companies to think of themselves in terms of a funnel?

QUESTION

Why is it common for companies to think of themselves in terms of a funnel?

Because flywheels were only recently invented, but funnels have been around for much longer.

Because funnels are powered by gravity, just as businesses are anchored by revenue.

Because companies that don’t use the inbound methodology are inherently funnel-shaped.

Because many business charts show conversion rates, and those charts are often shaped like a funnel.

The correct answer is:

Because many business charts show conversion rates, and those charts are often shaped like a funnel.

Why is it common for companies to think of themselves in terms of a funnel?
Explanation: We will update later. sincerely thank

Which of the following is NOT something you would take into account when contextualizing information?

QUESTION

Which of the following is NOT something you would take into account when contextualizing information?

What actions have happened prior to this point

What activities brought someone to this point

What your product/service best attributes are

What type of question is being asked, and how the prior actions and activities influenced the current situation

The correct answer is:

What your product/service best attributes are

Which of the following is NOT something you would take into account when contextualizing information?
Explanation: We will update later. sincerely thank

True or false? Every customer has to have a fantastic experience in order for your company’s flywheel to accelerate.

QUESTION

True or false? Every customer has to have a fantastic experience in order for your company’s flywheel to accelerate.

True – Even a single unhappy customer will scare away potential customers, so you need to hold your teams to a standard of pleasing every single customer they work with.

True – If you aren’t providing a flawless customer experience to every one of your customers, you aren’t operating a flywheel company.

False – Not all customers are going to be happy all the time, but your flywheel can counteract their unhappiness by increasing the total size of your customer base.

False – Some customers are inherently difficult to work with, but thinking of your company as a flywheel will encourage your teams to provide as good of an experience as possible even to your most difficult customers.

The correct answer is:

False – Some customers are inherently difficult to work with, but thinking of your company as a flywheel will encourage your teams to provide as good of an experience as possible even to your most difficult customers.

True or false? Every customer has to have a fantastic experience in order for your company’s flywheel to accelerate.
Explanation: We will update later. sincerely thank

Which of the following is NOT a reason to think of your business as a flywheel?

QUESTION

Which of the following is NOT a reason to think of your business as a flywheel?

Flywheels store momentum.

Flywheels represent a circular process rather than a linear one.

Flywheels are able to stand unsupported for an indefinite amount of time.

Flywheels accelerate as you add more energy to them.

The correct answer is:

Flywheels are able to stand unsupported for an indefinite amount of time.

Which of the following is NOT a reason to think of your business as a flywheel?
Explanation: We will update later. sincerely thank