Adopt the Best Business Strategies for Success!

Posted by Moin Mirza on February 19th, 2019

If you are planning to establish a company or another type of enterprise, the company may collapse over the next three years, put you under a lot of stress and cost you a lump sum of money if you do not hire the right Business Strategist.

In most countries, the statistics are such that in the first three years about eighty percent of new companies and enterprises fail; at the same time, most of these companies cease operations in the first year of operation.

The reasons for such failures have been studied by a large number of scientists, consultants and government workers. Numerous reports and publications appeared on the analysis of the reasons why such a significant number of enterprises failed, and lessons that can be learned from the work of surviving companies.

The Hindrance

The main reason for failure is incompetence in corporate planning. In itself, the fact that you like something does not mean that other people will like it. Just because you think something has value does not mean that everyone else agrees. If people cannot understand how great your idea is, then you have failed to convey it to them correctly; the fault is not in them. The fault is in the problem of your communication methods.

The Way Out

So how to avoid incompetent mistakes and to establish such a communication, in which you will not only be understood, but people will have the motivation to help you?

In the conditions of constant concentration of efforts and attention on daily management and tactical planning, the degree of vulnerability of new companies to changes in the market, reactions of competitors, slow clientele growth and overall delays in launching a company increases. With the advent of additional personnel in the company, the organizational culture of this company or enterprise changes very often.

The solution of all these questions is relatively straightforward, but few new companies and enterprises follow this process. The following steps should be taken:

  1.       Understand the Values ​​of Each Founder in the Company: At this stage it is necessary to resolve all sorts of conflicts, and if one fails to try on differences of opinion, and then it is necessary to work out a methodology for evading confrontation.
  2.      Based on the values, define the vision of the company: The vision of the company should be informative and inspiring, maybe even a bit intimidating. A large number of companies, however, have a vision that suffers from meaninglessness and does not carry inspiration, with the result that the company develops in line with an alternative, informal vision.

Remember: It is unlikely that your company will be able to overcome beyond the horizons of vision. So, think big. For essential supports in making the right business strategy, Moin Mirza is the best business strategist. He can actually brainstorm and come up with the solutions.

Moin Mirza

About the Author

Moin Mirza
Joined: September 17th, 2018
Articles Posted: 6

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