What do you need to develop and sustain Business Competitiveness?

[rugstore]

Two words:

1. Resources
2. Capabilities

How do you acquire resources and capabilities?

1 word (P.R.O.F.I.T.). As mentioned by Wikipedia, profit is generally defined as the "...making of gain in business activity for the benefit of the owners of the business. The word comes from Latin meaning "to make progress", and is defined in two different ways, one for economics and one for accounting..."

1. Physical
2. Reputation
3. Organisation
4. Financial
5. Intellectual and human
6. Technology
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[MONIKA678]

The purpose of this study was to identify the factors that enable sales organizations to be highly successful. Companies today are relying increasingly on their sales organizations as engines of growth and productivity. The sales role has never been more difficult customers are more demanding, products more sophisticated, competitors more aggressive. Not surprisingly, many sales organizations are delivering disappointing results; they have not been able to find the right formula for success in today's business environment
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[ms123]

Definietly to sustain in business competitiveness one needs strong resources with good capabilities specially in terms of sales team which is a very strong backbone for any organization to survive.

Regards,
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[insuranceagency]

I agreed that to make the business sustainable, I think that you have to adopt the Business Insurance. Insurance makes your business safe, it control the risks.
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[insuranceagency]

Hi,
Valuable information that you have mention over here, I just add one thing that Business is not run by the single hands, you need good employee, so always take care of employees, it will good for the Business.
Thanks
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[crebaun]

In the present era embracing the right technology can be a determinant factor for the business to prosper and this has been already evident in so many cases. While all the other factors as you have mentioned are going to be important too but this is one factor that cant be ignored at any cost. Simply by introducing an online file server can make a lot of differences. Of course there are some other things that we do along with this but it helped the cause of my business a lot.

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[insuranceagency]

All the points that you have mention are the backbone of any company, all the point go side by side in Business Development, Insurance is a keep factor which support you during the Successful Business as well if there is any loss in the Business, it will provides you the support.
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[GeneticX]

Nice tips, thanks

[figage]

Thank you for sharing

[harrisgarryas]

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[AJKpeter]

Interesting tips, thanks for sharing

[Georgebaily]

In the present era adopting the right expertise can be a determinant component for the enterprise to prosper and this has been currently evident in so numerous situations. While all the other components as you have mentioned are going to be significant too but this is one component that cant be ignored at any cost.

[001dannyclark]

The only way to sustain prosperity without growth is by investing in innovation. ... This would mean a lot to create a more competitive business climate. ... Do you agree that Europe needs to be more competitive globally in..
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[thomosmax]

Yes, I agree that to make business sustainable and I think, business insurance is also important in this case.