In the matter of a couple of weeks, all our sales & marketing plans and established strategies that were set earlier during the year, went to dustbin. Most of us are in some or other form of lockdown & are uncertain about upcoming weeks and months. This is the time for Introspection and house cleaning. Use this time to focus on Core & Essentials and eliminate Non-Essentials.
These 5 points should help you better prepare your business for times when you are back in action in full swing.
- Identify Core-Essential Products, Processes and Focus areas of your business.
- Identify Non-Essential, Non-Value-Adding Activities (NVA’s) and eliminate them.
- Review & Optimize Operating Business Process, Re-Engineer and/or Optimize them.
- Understand & Analyze Competition, look for anything that might offer you edge over the competition.
- Look for Mobile Technologies and Cloud based Business Solutions to better prepare your business for 21st century.
Best run businesses are best prepared businesses. Let’s get everything in order for better and successful future.