Is there any Point in having a Business Strategy when the World changes from Month to Month?

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106 comments Page 10 of 11.

Sudarshan said:   1 decade ago
Developing a strategy itself means, planning for now and future by anticipating future trends. A good R&D team is must for organizations to forecast future and come with the strategies which will help them to perform better in changing world. Further we have no choice but to make strategies now.
(7)

BMGIndia said:   1 decade ago
Yes, following a particular business strategy is must to face the new challenges of business environment. Global consultancy company may help in great way by suggesting new process engineering and management tricks based upon time tested theories like DFSS, Lean theory, Triz theory or others.
(3)

Guruprasad said:   1 decade ago
Running a huge organizations involves lot of challenges. Business strategies are not changed month wise and day to day basis. The strategies and decisions are taken by predicting the various aspects such as market, customers ten years down the line. Its not done keeping one month ahead.
(1)

Aditya S said:   1 decade ago
Hello Friends,

As per my opinion we always need to make strategy let the world to be fickle. We should think all the possibilities that may result next year and according to each possibility we need to make plans which ranges from favorable to unfavorable conditions.
(3)

Yash said:   1 decade ago
According to me strategies should be made in a way that they should be so flexible that can be fitted each and every kind of situation.

If we have to survive in the changing market than we need tom implement those policies or strategies according to the situation.
(2)

Pankaj said:   8 years ago
Hi.

According to me, business strategy is a key of success in any business without this no business can run for long time and will collapse soon. In present competition era a business man need to be ready with new plan every time for meeting the customer demand.
(7)

ReddyKiran said:   1 decade ago
Good morning friends.

I feel a perfect strategy is essential in this competitive world to sustain for a long period. A strategy should be made by keeping dual goals in mind.

1. Profit.
2. Customer satisfaction.

This can achieved by optimized use of resources.
(28)

Hemapriya said:   1 decade ago
Business strategy is nothing but plan regarding future forecast about our action in a firm. It necessary to prepare strategy based on future and present. If a firm faces an uncertain there, change in strategy is required to make a company survival in long run.
(1)

Gyanchand said:   1 decade ago
Hello everyone as my point of view for best business and success in business should need ultimate focus on consumer demand and also seek competitor strategy. And think creative maintain relation with customer work on the basis of customer preference.
(2)

Sahil Patel said:   1 decade ago
Be it a company or an individual, Strategy is a way to achieve the goal. In ever-changing conditions or dynamic market, strategy of using Scenario Planning helps us improve our competitive position based on each and every move of the competitor.
(4)


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