Skip to main content

Posts

Showing posts from January, 2025

Business Planning Made Simple

 Ten Essentials of A Business Plan: Business planning can be a daunting task if the basics are not followed. Here is a quick checklist to enhance the quality of business plan by evaluating and plugging the identified gaps to prevent business from bleeding in the market warfare. Follow the given steps to prepare blue print for quality execution focused at delivering business growth and profitability. What problem needs  to be solved? What is the best solution for that problem? What is the target segment? What is the market size?  What is the price , the market is willing to pay for the solution?  What is the competitive advantage ? What is the Value proposition? What is the market feedback? What is the economics of cost and profitability? What can be done to add value to the product or service? There is always a high probability of fluctuations in customer preferences, competitive landscape and technological advancement. Thus a continuous focus on above steps in an on...

L&D Focuses on Developing Essential Skills & Competencies

 Setup Inhouse L&D Department The aspirations of business growth can be achieved only with a skilled and well managed team. Like any other department such as accounts, compliance, marketing, sales, production, research & development, technology , administration, finance, logistics, human resources, etc., it is absolutely essential to set up an inhouse L&D Department.  The role of L&D department is to ensure continuous focus on developing skills and competencies that are both essential for effective discharge of duties as well as keeping the organization proactively prepared for unpredictable market upheavals and onslaughts that can surprise businesses at any time. Beyond this role , an important area is to develop the competency spectrum of the organization to facilitate smooth and professional conduct of business equipped for carrying out planned agenda in an efficient manner.

Happy New Year 2025

 HAPPY NEW YEAR 2025