Saturday, April 14, 2007

 

Top Ten Reasons for Business Succeed

According to Jan B. King, former President & CEO of Merritt Publishing, following are the top Ten reasons why some businesses succeeded while others failed to achieve their business outcomes:

  1. The skills of the top managers. Over half of business failures are directly related to managerial incompetence.
  2. The will of top managers to make the business succeed. Failures happen. Don't give up.
  3. Products that are a cut above and service that doesn't stifle buying. The buying experience must be easy and fun.
  4. The ability to create a "buzz" around the product. Do homework on your customers’ choices before investing your marketing $.
  5. Deal-making skills & your customers' perception of the value for your products.
  6. The ability to develop new products & retain and build a customer base.
  7. Deal-making skills with vendors to keep costs low. Looking for cost reductions is a key to profits.
  8. The maturity to treat employees, suppliers and partners respectfully. Trust results in productivity increases difficult to quantify.
  9. Superior promotion creating a connection with customers. Studies have shown it can take seeing your product or name 7 times before a customer buys.
  10. Products - steady business during both good economic times and downturns.
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A).Corporate Training: we are an approved training provider for PSMB (HRDF fund).

B) Business Consultancy services. We work really hard to bring performance improvement consultancy services such as strategic planning, business planning, and ICT strategy and implementation to be available and AFFORDABLE to thousands of businesses such as yours.

Please access our website for more information and services we are providing: www.atc.com.my


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