I’ve seen it too many times: multiple people working on the same task, each with their approach. This can lead to confusion, duplication of effort, and errors. In my experience, it’s much more efficient to have one leader responsible for each function and have 7 executors each to execute four to eight processes under their […]
One Leader, Seven Executors: The Key to Productivity and Efficiency Read More »
Enterprise Asset Management What is Enterprise Asset Management ? Enterprise asset management (EAM) is a combination of software, systems and services used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs. Importance of Enterprise
Enterprise Asset Management Balance your Business with Structured Assets Read More »
What is a Product Mix Strategy? An effective product mix strategy allows a firm to concentrate its efforts and resources on the items and product lines that have the most potential for growth, market share, and revenue within its offers. [rml_read_more] A product mix strategy has four dimensions: Width A total number of product lines
Product Mix Strategy Read More »
Prevent your Business Partnership From Going Bad Partnerships in India have seen a lot of ups and downs especially when you start a business within your family There are a lot of strategies you can implement to prevent your partnership from going bad 1. Pick the right partner Your choice in a business partner can
Prevent your Business Partnership From Going Bad Read More »
Competition drives entrepreneurs and if you are looking to stand up and stand firm against your rivals, competitor analysis can be the way forward. You need to pull up your socks and seek as much knowledge about your close challengers as possible. Competitor analysis is defined as a business strategy used to identify existing as
Do You Know What Your Competitors Are Doing? Competitor Analysis in 5 Steps Read More »
As we adjust to the current business environment and define a new normal for our personal and professional lives, navigating the current landscape takes focus and optimism. A company’s path to a successful future is empowered by an optimistic attitude and an ability to articulate what makes a company unique. There are 5 things that
5 ways to grow your business during challenging times Read More »
1. Why scalability in cost structure is an essential ingredient to business success, especially in today’s digital era. 2. Investor are eager to see Scalable companies but can also cut back in a downturn when needed 3. The cost structure is all about defining cost for activities like R&D, S&D, G&A 4. Scalable growth means
How to Improve Scalability in Cost Structure Read More »