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

The topic is very awesome. ! From my point of view every business needs strategies to defence the regular uncertainities. In this word every business or firm are tottaly depends on their customers. If any change recorded by an firm so definately they have need to plan to walk out from that particular situation. But the very important thing in business is to vigil market taste. What dere customer actaually demanding. This is the main rule ''if fail to plan it means you plan to fail''.

Hello friends. My point of view is making a business strategy is good when we start a business but there is nothing fixed. As the technology changes, so do the demands of the people. If the Nokia company continue to sell his N93 at the same price 10,000 or more, do you think anyone will buy it, not at least today when we have smartphones at such a reasonable prices. So business strategy is good but it needs to be updated from time to time.

In today's dynamic world, no business can sustain. So it has to adapt itself to the changing environment and for that the strategies should be such that they are flexible and can be modified when the situation so demands.

For instance, technology is changing at a fast pace so in such a situation the company should develop a long term technology strategy while remaining flexible enough to take advantage of unforeseen technology developments!

So I conclude by saying that no business can do without the strategies!

Survival and Growth of every business revolve around 2 aspects viz. Customer satisfaction and profitability. In order to achieve these two goals the organization should have a clear business policy and strategy. In the rapidly changing business scenario it is very difficult to adopt a long term strategy. We should frame the business strategy in such a manner that the same could be changed from time to time as situation warrants.

Hi Friends.

Business Strategy works at the very core of an organisation and s responsible for the propagation and expansion of a business.

Business Strategy is a result of a whole lot of research, observation, analysis, study and expert advises. It is the anchor that forewarns an organisation about the impending market situations and helps out the firm during tough times.

The very changes that occur and make the market change continuously are itself results of long term business strategies.

So however dynamic the market can get, Business Strategies will never lose their importance.

According to me, of course, business strategy is required for any kind of business to work smoothly. Business houses need to change its strategy as and when required. Without a strategy, there will be no discipline of work, which will lead to the messy environment which will ultimately affect the profits of the business. Without a business strategy, a business will easily get knocked out by other business in competition in the market. Thank you.

Strategy is a plan for achieving objective. Strategy is made after the Objective is fixed. Every Business Organisations whether it is small or large organisation needs to form a Business Strategy. It is true that the world is changes month to month. So long term Strategy is not useful but then also we need to make Strategy, but is should be flexible. It can be change whenever market is change.

Every work has some reason like that every business has a objective.

And like that we want to do plan for every work like that every business has to make Strategy.

Ya according to me business strategy is must in any type of business no matter it is small or large, but if someone works without strategy that means he want to fly in sky without any type of flying tool and its impossible, so if anyone want to succeed in business so first requirement is keen observation and after that well planning and I m sure that the result is always in increasing graph.

I think this business oriented world is just like a competitive global arena and if you want to deserve in this arena then you have to perform better than others otherwise you will be treated as an underdog person by your business rivals. For this we have to upgrade ourself and adopt those strategies with the help of which we can become eminent in any business.

In my point of view, Strategy in business is must for developing the business to next stage. Strategy is nothing but a course of action that every business should attain there long term goal. Strategy of a business should be in such a way it should be flexible enough to adapt itself for current business scenario which is very important to develop the business foer current trend. So, finally I can say that strategy is very important to acheive the heights in competeting business world.