B usinesses Can Get Stuck in Vicious Circle: Inappropriate practices cause business stagnation by eroding effectiveness. These can be termed as bad habits and they are caused by absence of management systems leading to unhealthy business hygiene. Compromised business health pushes businesses into a vicious circle where with each attempt aimed at solving the surfacing problems, businesses unknowingly and unwillingly create even more intense , bigger and higher level problems. Here is a Quick List of Parameters Indicating Compromised Business Hygiene Given below is the list of a few observations that serve as warning signals for businesses warranting timely course correction Downward trend on performance and productivity matrices while c ompeting businesses are doing well in the same market Challenges on account of employee engagement and retention Rising costs of new customer acquisition Declining profitability leading to financial...
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