Stats: 3,231,143 members, 8,087,262 topics. Date: Tuesday, 25 February 2025 at 10:38 AM |
Nairaland Forum / Nairaland / General / Career / Strategies For Business Growth (301 Views)
Work-life Balance In A Remote Workplace: 7 Strategies For Success / Strategies For Dealing With Difficult Boss / 11 Tested Marketing Strategies For Outstanding Business Growth (2) (3) (4)
(1) (Reply)
Strategies For Business Growth by ChigozieVictor(m): 1:16pm On Mar 29, 2022 |
Strategies for Business Growth [Written by Chigozie Victor Uwalaka] True success of your business depends on the strategy set up to run your business. Business is simply the provision of people's need and receiving a reward for your service. I'm speaking on the general note of having a successful business. Every business survive on the structure put in place to run the business. Your strategies determines the success of your organization or business. As a leader,you need structure to run the affair of the people you're leading. Success of your business will be a product of the strategies you will be learning: ▶ Number One: Understanding the vision and mission An organization without a vision and mission statement simply has no future. The future of your organization lies in your vision and mission statement. Vision is a picture of where you're going; mission is a description of what exist for and what are called to solve. ▶ Number Two: Strength of the Leadership capacity The growth of your business depends on the strength of your leadership. If your leadership is weak,your business will simply be weak. So it is very important that there should be a consistent growth of your leaders to enable them function at their highest altitude in your organization. ▶ Number three: Unity of your team Teamwork is an essential component of every successful business. You build a strong organization with a strong teammate. No leader,business or organization survive by itself. The need the harmony of different minds coming together to brainstorm on useful idea. How great your teammate is how you build your organization. ▶ Number Four: Structured System Structured system has to do with your administrative service. Without Administrative service,an organization or business cannot grow so you need to put in place a well structured system to run your organization even if you're not around. ▶Number Five: Level of your packaging When your packaging is great,it grow your customer level. Excellent packaging attract more customers and it grow your brand as an organization. Packaging has to do with your content and contain so you must deliver well. ▶Number six: Consistent Cashflow When your cash-flow is slow,your business will always struggle. It takes cashflow to build a sustainable business that will last long. Cash flow requires a high level of management skills to control growth of your income. Money flows in the direction of ideas and value. Business owner or entrepreneurs These are strategies for your business growth. ~ chigozie Victor Uwalaka ~ Leadership Coach
|
Re: Strategies For Business Growth by JULIUS15151: 2:36pm On Feb 01, 2023 |
Nice post. I also find this trend interesting https://www.nairaland.com/7550239/how-build-market-business#120550982 |
(1) (Reply)
#careerweekend: What Part-time Skill Do You Want To Acquire? Online Or Offline? / SEO: What Is On-page SEO | Types And Examples [read In Full] / How Women Can Get Ahead In Male-dominated Sectors
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10 |