Kamis, 12 Juni 2014

Business Credo

1. Business is hard. Business is getting tough. Problems arise everywhere. We have to face the pains and problems head on. We have to be aware and understand that there is no easy way to get out of this. But we have to keep our optimism high. We have to dream and keep doing our best.

2. Rethink your business. Ask questions, ask a lot, check your previous assumptions, think hard and go back to your drawing board. It is time to question everything and anything. Have you done everything right? What needs to be changed? What have you missed? What is your core competence? Is it still relevant now?  3. Efficiency is key to survival. It is the nuts and bolts of doing business, cutting your cost structure down to be more competitive, tightening controls, doing best practices and keep improving operational excellence. The year 2014 will be tough; there is little margin for error, we have to pay attention to executing the details of our plans. 4. Innovation is essential to success. In tough times every one will be very competitive, the only differentiator of our very existence is innovation. In the content and context of your business, think hard to be creatively competitive, to be different. Try to create some sort of great WOW factor that has never been there before. 5. Use your friends, let your friends use you. You have built your networks over time; it is time for harvest, time to ask for help and to help others. This is high time for partnership and mutually beneficial business friendship. Creating synergy in business and helping each other paves your way to success. 6. Think global. With all the faster and faster globalization happening around us, we have to try to reap the benefit of the current trends and technology of globalization. Delve into the net, make connections, network with the world. 7. Learn, unlearn and relearn. Things change, technologies change, the way we do business should also change. There is no substitute for learning and continual improvements. Read books, go to seminars, make time for lengthy discussions with different types of people. Learn from uncommon places. Unlearn what made you successful in the past -- learn what will make you successful in the future. 8. Fight hard. It is time to battle again. "Let it be" is not a good business strategy; it is time to fight back, and fight hard. Workaholics rule the world, leisure is not an option. Ruthless execution is mandatory. Survival of the fittest, success comes at a price, and we all have to pay our dues. 9. Enjoy the journey. With all the hardships ahead, it is essential that we should be able to enjoy whatever we do. Passion is a way of life. We need to be having fun, laughing out loud and finding our own happiness. Life is only a journey. 10. Keep being optimistic. There are dreams to pursue, and goals to be achieved. It is attitude that differentiates successes from failures. We all believe that if we push hard enough we will make it through. We can do it and we will do it.








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