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

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106 comments Page 9 of 11.

Vishal sharma said:   1 decade ago
Yes there resides a point of having strategies as they are the initiatives. Moreover business couldn't be establish without applying strategies, nearly every moment strategies are required so as to make optimum use of resources lying in our hand.

Moreover world will be changing like this only so believe in yourself and efficiently transform your plans in an era of possibilities.
(1)

Priyanka said:   10 years ago
A business is a field of strategies without planning business does not exist without proper planning business may undergo big loss. To overcome risk and losses business must plan and it must go according to plans of the business so in business field, we have separate department called research department if any changes in technology or in the market they will take care of it.
(2)

Heena said:   1 decade ago
Strategy is a plan of action that is required to attain the desired goals and objectives. As in this era of globalization, world changes month to month we need to make several short term strategies to fulfill the long term strategy that will ultimately help us in attaining the desired goals. And these short term strategy can be mould depending on the changing situations.
(60)

Ashish pandey said:   1 decade ago
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.
(4)

Sujay said:   9 years ago
The strategy is such a word which is required for almost any kind of work.

If you are giving any competitive exam you should follow strategy required for different exams as syllabus keeps on changing. Similarly a business strategy is not stable it must keep on changing as per present market situation such as demand of product, cost etc.
(12)

Aluri sravani said:   1 decade ago
Hello,

I think strategies are what keeps an organization alive and outstanding. They are the shields which protect an organization from competition. But in this rapid changing world business strategies also have to undergo changes accordingly. They should be altered based on.

-->Data.

-->Profit.

-->Customer satisfaction.
(8)

Mangai said:   1 decade ago
Hello.

In this competitive world, the marketing strategies is must for business.

Customers are our boss, so we need to satisfy the customer needs then only we can sustain in the market in this competitive world.

Another one is profit, this is also one of the important factor in this competitive world.

Thank you all.
(4)

Puneet bansal said:   1 decade ago
There is nothing wrong in having any strategy as future is uncertain anything could happen but what once decided have to be implemented irrespective of what happen around you. Its only that something drastic has changed that company can be affected by the decision it had taken in that case they can review the decision.
(1)

Manoj Majumdar said:   1 decade ago
Business strategies should be made in consideration with today's changing world. Definitely adopting a strategy helps in one's business growth as it provides it an organized way to do business tasks. Without a strategy a business is more likely to fail in long term even if it has a stable start in the beginning.
(2)

Mukesh Kashyap said:   1 decade ago
Strategy is the much needed thing even in the rapidly changing scenario. Even everyday we make strategy for spending our day to day life so how it is possible that without strategy someone can run organization. Strategy is required but it also require proper evaluation and modification as time changes.
(2)


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