Roman philosopher Seneca is quoted as saying: “If a man does not know what port he is steering for, no wind is favourable.” The same applies to organizations and corporations. The best product, services, goals and management teams are of little use without a corporate strategy. Without a corporate strategy it is impossible for a […]
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Corporate strategy at its core concerns itself with the entirety of a business, where decisions are made in regard to its overall growth and direction. Ultimately, corporate strategy strives to create value, develop a unique marketing advantage and seize maximum market share. The corporate strategy level concerns itself with the entirety of the organization on
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“IF YOU WANT TO BE SUCCESSFUL, DON’T SEEK SUCCESS – SEEK COMPETENCE; DO NOTHING SHORT OF THE BEST THAT YOU CAN DO.” Where to Begin when Identifying Core Competency The starting point for understanding core competencies is recognizing “competition” between organizations is both a contest for “competence mastery” and “market position and power”. Careful consideration
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“SUCCESS DEMANDS A HIGH LEVEL OF COMPETENCE.” Core competencies differentiate from competitors & therefore Identifying and exploiting core competencies is key to stay competitive. Which are those 3 tests to determine your core competency: A core competency can lead to the development of new products and services, deliver a quality product, increase buying power, innovate
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Scaling your company and hiring your first employees can be a little tricky, but if you pay yourself as little as possibly and make hiring your top priority, it will pay itself off. You just have to understand that none of the good stuff will come fast You’re not going to make a million dollars
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As an entrepreneur, it will be the most difficult task to pursue the journey of your dream business You’ll need to have a much grander vision for the influence and impact your business might have from the start Here are some tips that can help you to achieve that impact from your business 1. Cultivate
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Poor communication skills can hamper your business growth in the long run Here are some ways you can improve your communication skills to become more effective as a leader in business and in life 1. Be an active listener Most people do not listen with the intent to understand; they listen with the intent to
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When you look for partnership in your business, you are looking for a multi-year journey Here are six questions, allowing you to uncover potential issues, shared strengths, and weaknesses You should be able to decide whether these people are good to start a company with 1. What are your goals for this project? It’s important
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As your business scales to your first seven figures, it’s a function of effort and hustle CEOs should think of their company’s growth and move things in that direction Here are some things that they need to do to keep scaling: 1. Taking advantage of opportunities that don’t fit your core business Carefully pick opportunities
Things CEOs Should Stop Doing If They Want To Scale their business Read More »
What does it take to be successful in today’s business world? To start, you have to have a product that’s wanted or needed, and it has to be properly priced. That’s just the beginning. In order to have a successful business, practice these seven tips to grow your business. 1. Be Hands-on and meticulous: You
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