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World-class path to small business success - small business, a successful path, Innovation First - by fsb cwqc





Article Author Biography
World-class path to small business success - small business, a successful path, Innovation First - by
Article Posted: 02/08/2011
Article Views: 78
Articles Written: 1405
Word Count: 638
Article Votes: 0
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World-class path to small business success - small business, a successful path, Innovation First -


 
Business,Business News,Business Opportunities
Small business is the market economy as an increasingly powerful force, and even called the invisible title. The world-class small business, even the limelight is healthy. "Your business can provide the global industrial chain products and services, it can be regarded as a world-class small business." DylanJonesEvans professor? The current Welsh national business owners stations that "world class" small enterprise's success has done very well in a particular hand, is an industry leader, innovative, a good management team. Their success is strong pressure from market competition.

Innovation First Bangkok Starch Chuang, Managing Director of modeling said that Singapore has the "losing" about Singapore is a tiny place, so afraid of losing it, so cautiously and carefully, only up, not down, lose the negative is to win, virtually formed a philosophy in the political, economic, financial, environmental aspects are able to rank within the top five in the world.

This is precisely what the "world-class" small enterprises to actively work hard, the ultimate source of success.

Swept the business world this year, "Blue Ocean Strategy," a book in the four issues on business operations skills were described: in their own industry to consider the factors of success, which is no longer applicable and should be eliminated (Eliminate); What are the factors that should be reduced (Reduce) to well below the industry standard; What are the factors that should be raised (Raise) to well above the industry standard; What are the factors that should be created in the industry ( Created) out.

In DylanJones-Evans Professor of view, very few small businesses grow rapidly scale, in fact, he and his team to a study, only 4% of the proportion of small businesses actually expanded in size Most stay in a small scale.

Therefore, for small businesses, have to look for the Blue Ocean strategy to adapt to their own development in order to gain a competitive edge in the market. DylanJones-Evans, professor, and another study showed that half of the enterprises to the time of the second year will die, therefore, to encourage innovation and development of enterprises, the development of more businesses means more business success.

Zhuang modeling recently on the Global Forum of Chinese leader recalled his own business experience, said that 35 years, he carried out innovation in four areas, the ultimate success. These include innovative product innovation, new energy development, innovation and open up new markets, new product development.

He described a case the need for innovation. When the first time in Bangkok starch production in Thailand Instant noodles When the weight of the noodles cut from 70 grams to 55 grams, an increase of a package of seven oils. Small changes to cater to the tastes of consumers needs, precisely because the amount is not enough full and allow consumers enough, the miracle of this volume was created, until today more than 30 years.

"When the business after the formation of the system, the key will no longer be cost savings, but management costs, costs of inputs to find how to make more efficient way." DylanJones-Evans analysis said.

Find a gap in the market, but also companies eventually settled the key. Environmentally friendly cosmetics brand Bodyshop's success is a good example, "Who would have thought it could succeed, but ultimately it creates a market, a success." DylanJones-Evans said.

Leader in customer satisfaction "A world-class small business, we must first concentrate on one thing for it to grow into a leader in the specialized market, and this growth must be in the professional fields of services to meet customer needs and growth.

We are high quality suppliers, our products such as Violet Laser , Laser Stars Projector for oversee buyer. To know more, please visits Light Show Projector.

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