Acting On Market Knowledge
A key success ingredient
The knowledge economy rewards business that are best able to adapt and respond to changing consumer expectations.
Business plans should have a built in mechanism to gather market intelligence on developments in the industry.
Process the the information into actionable knowledge. This is critical to continuing to be relevant in a market that is constantly evolving.
Timely action based on industry and product knowledge can lead to both greater profits and market share.
Build a team of internal experts and external consultants who can give you a well rounded perspective of business opportunities.
Join meetings where you can discuss ideas and obtain a fresh perspective. This will help you to be a more knowledgeable and effective business leader.
Siddha Param
International Business Consultant
A key success ingredient
The knowledge economy rewards business that are best able to adapt and respond to changing consumer expectations.
Business plans should have a built in mechanism to gather market intelligence on developments in the industry.
Process the the information into actionable knowledge. This is critical to continuing to be relevant in a market that is constantly evolving.
Timely action based on industry and product knowledge can lead to both greater profits and market share.
Build a team of internal experts and external consultants who can give you a well rounded perspective of business opportunities.
Join meetings where you can discuss ideas and obtain a fresh perspective. This will help you to be a more knowledgeable and effective business leader.
Siddha Param
International Business Consultant
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