Thursday, 23 January 2020 06:15

How to Give your Business a Competitive Value

Competitive Value - Competitive Value is the company's competitive products and services, the "Total Value Proposition," that customers buy in order to solve their business problems and enhance their ability to succeed. Competitive Value is also encompassed in the company's ability to create and deliver the required value to its customers' success.  It's not a company's "financial" value. It's the value the company offers for sale to its market, which, when purchased, results in financial value.

Competitive Value Index

  • A measure that represents a company's ability to understand customer business objectives (needs and wants) and their ability to create and deliver the products and services that customers buy to successfully solve their business problems. It represents the "amount" of competitive value, in the form of assets, a company has and also indicates how much more value it can (or needs) to develop.

Published in Amala Times

A new year 2020 begins with a number of million strategies for each and everyone. Not people alone but also companies both have different strategies set make in year 2020. All of these strategies are to ensure that they make a year 2020 a year of massive success, growth and development comparing to the past of the years. People make new commitments and companies offer new strategic plans and promises to its customers to make their services better in this year. Normally this is something very important but above all it strengthen the relationship between people or companies with their stake holders, so if people of clients choose to remain with you and get along they have a solemnly reason to do so because you give them a reason to keep believing and working with you.

Published in Amala Times

Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of 'developing' the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development

Published in Amala Times

When we think of the future, we hope a future of progress. The progress that can take one of two forms. Horizontal or extensive progress means copying things that work from lower to higher. Horizontal progress is easy to imagine because we already know what it looks like. Vertical or intensive progress means doing new things, that is; going from nothing to something (0 to 1). Vertical progress is harder to imagine because it requires doing something nobody else has ever done. If you take a huge amount of money (Capital) and build it 100 times, you have made horizontal progress. If you take a minimal amount of money (micro saving) and lead it to produce capital, you have made vertical progress.

 

At the micro lever, the single word for horizontal progress is ‘globalization’ taking things that work somewhere and making them work everywhere. China is todays world is the good example of globalization;

Published in Amala Times
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