UnLock Your Business !
Here are the keys to Unlock Your Business when facing radical empirical challenges
UnLock Your Business !
In this blog you will be introduced to some business challenges and get some tips on how to handle them.
Business complications are enormous, especially in our current world with new types of emerging businesses jeopardizing industries and businesses’ continuity of various kinds and sizes.
Radically changing needs and their demographics, trading policies and rulings, fluctuations in oil prices, increasing customs, political economic events (Brexit), weak economic environments, imitating rather than being creative, old management beliefs, business conducts repetition, incorrect customization, globalization and its diverse vivid connotations and other endless numbers of issues confront us with different challenges.
Well, none of the above is supposed to be a reason to lock up your business or endanger its existence. They are opportunities wrapped with enticing challenges. I agree that, in many cases, it causes your business to suffer but definitely not to vanish out of the business world!
This is not acceptable!! Because every business can be saved with wise, knowledgeable, timely acts.
To unlock your business from tough situations and to exploit challenges for your own business benefit, there are four major determinants that are obligatory for business continuity and even outperforming…
The first is: Time which encompass two major parts.
-Part A is a very high level of time exploitation at all time frames through different tools and methods which implicate being always in innovative mode, business hunger mode, curiosity mode, business crisis mode, development mode, change mode etc.,
– Part B is being strategically, timely and conveniently responsive.
The second is: K nowledge that powers and energizes the business comprehensively. Knowledge to lead, to invent, to adjust, to expand, to function effectively, for adding value, for intelligent marketing, to make the right move, business renewal , operational and organizational changes, to overcome and manage situations.
The third is: Avoid being old fashioned and repetitive.
Because what applies for one situation doesn’t apply for the other and what works with one client or supplier doesn’t work with the other.
The fourth is: To avoid being in relief and satisfaction mode. In our dynamic world, it is hazardous to be satisfied and relieved about business performance results even if they were delightful, because this could be temporary.
These four obligatory determinants, if avoided by any business of any type or size, will likely cause unpleasant consequences and would also increase recovery time.
Remember that I Dr. Salam Amin the Funder of SOSYourBusiness believe that every business can be saved despite their existing circumstances.