Sep
25
2008
1. Hit where nobody has beaten. When we are entering into a business, trying to be better in the first position which is reinforced if it is a growth industry not yet mature, so we can assume to have a decisive advantage when grow in market .
2. If you take risks but are calculated. It is necessary to take risks, if you have a good idea to not wait, act, yes explore your human and material resources, there will always be waiting for investors to bet on businesses that have managed to boot. It is necessary to evaluate and plan for risk reduction and to adjust its price, which is what we are willing to pay.
3. Desire and motivation. Be willing to take the plunge, be convinced of their own capabilities and personal skills, set realistic goals that we can achieve.
4. Detect and seize the opportunities presented by the market. Get a map of the market segment you know. Read about current and future needs of customers, question, listen, analyze and synthesize ideas to develop feasible in practice. Continue Reading »
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Sep
10
2008
The economic cycle is changing and companies must take care to workers and be more productive to address the new year. Business tips for crisis and recession :
1. As a starting point, review and adjust the calendar year. Should prioritize and choose the most useful in terms of economic viability, social responsibility or position.
2. Focus on what you can do better. Leadership in products and services, uniqueness or innovation, good customer management, cost efficiency … It is necessary to be good in all of them but to improve the competitiveness must be strengthened even more the strengths of the organization.
3. Markedly different from that of everyday innovation: finding new and better ways of working. It is not only major investments in R & D, but in a different way of thinking and be constantly generating ideas regarding the management of labor.
4. Flexibility to restructure and fixed costs. To do so, to implement programs to reduce costs is key to correctly identify where and how you can make a reduction of costs and how they can modify the cost of management without impairment.
5. Increase productivity of assets. Organizations must optimize their assets and find them the best performance. You have to analyze the situation and eliminate non-productive assets or those which are insufficiently productive. Continue Reading »
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