WHY CONSULTING FIRMS FAILWritten by Niki Bohne
The key to succeeding in market has always been ability to gain and maintain a competitive edge. Today's consumer is obsessed with speed and has false impression that speed lends itself to efficiency by default. Just because we are working faster doesn't mean we are working smarter, and as a result consumer often pays more for less. This speed-based commerce has evolved itself into even greater "one stop shopping" phenomena. A phenomena which is fast becoming defining factor surrounding an organization's ability to attract and retain quality clients.Speed has come at a price for consumer. As I listen to and participate in conversations, a common theme is that of people marvelling at lack of customer service in industries across board. They are not, however, willing to forego their "now not later" way of life. In exchange they have been forced to accept a lack of consistency and customer service and view it to be a necessary by-product of force that is driving their lives. I believe that standardized methodologies can do nothing but
| | Why Your Business Could Fail And How To Prevent It From HappeningWritten by Jim Davis and Larry Dotson
I have heard many former business owners give many reasons why their business failed. They have said it's because market was slow, their suppliers raised prices on them, too much competition, etc. It's usually because they didn't have enough entrepreneurial traits.There are a wide range of entrepreneurial traits you need in order to run a profitable business. I'm not saying you need all of them, but more you have greater chance you'll succeed. It could also depend on type of business you have. You need to be goal oriented. Making reachable goals for your business is important. The goals will give you something to focus on and lead your business in right direction. They can also give extra motivation to overcome your business problems and obstacles. You need to have patience. Many business owners give up way to early. They think you can get rich over- night by starting their own business. You need to have a positive attitude and stick with it. You need to have energy. It's important to give yourself extra time out of your business life to eat healthy and exercise. You will have a healthier mind and body to work long hours a business requires.
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