With the recession holding strong and the economy showing a slow recovery, businesses just cannot afford to lose customers. Large corporations have regular customers and large transactions are involved, losing these customers and trying to find new ones is similar to reconstructing the business; it requires both time and money to do so. This is why large businesses just cannot take the risk of cutting down quality to reduce prices. So what are they supposed to do if they are to cope with the economy? Unfortunately, the demands of customers change from time to time and products need to be updated accordingly. This is where most of the operating cost lies. To deal with these demands, businesses turn to business change management. Effective use of this technique can generate large profits and repetitive and satisfied customers.
Thursday May 23rd @ 4PM (GMT)
Free to join (Click Here to register)
Due to high demand we are re-running our master-class for entrepreneur’s and business leader’s. This master-class introduces participants to each stage of the new business life-cycle from Idea to successful scaling and the areas to focus on to minimise risk and maximise value creation potential. It is delivered by an experienced and successful entrepreneur and provides real practical tools and techniques appropriate to each stage of evolution.
What previous participants said about this Master-Class
In working with both entrepreneurs and also experienced business leaders, I often discover that terminology gets mixed up as regards the discussion about competitive advantage and value creation when we discuss Innovation. Below clarifies some of the fundamental differences.
An Idea ≠ An Innovation ≠ An Invention ≠ An Enterprise