Sunday, 27 January 2013

The Magic Effects of 'Why' and 'How' in Business.

Whenever a question comes in front of me how to move ahead or or even when it relates to any particular business scenarios, I always try to find answers to the question of 'Why' and try to find a solution by the magic effects of 'How'.

These two words are so powerful that if we analyse them in our business context we may be moving towards the path of finding solutions in our job or business scenarios. And, they equally relates to when it comes to your own personal development as well.

Few question you may ask yourselves or your partner at formal meetings :

1) Why we are not getting the required ROI?
2) Why we are lacking behind our competitors?
3) Why the customer are choosing our rivals when the same service we provide at our business doors?
4) Why is our price fluctuating so much and Why we are unable to put a standards on our price?
5) Why the product is not building it's reputation when we are providing quality products in
    our business?

And then we can analyse our answers through gathering around in morning Brain storming session or some SMT's.

1) How can we get the best ROI?
2) How can we build our competitive advantage over our rivals?
3) How can we achieve our KSP's?
4) How can we build our customer loyalty towards our organisation and our products ? What options can be  given to customers?
5) How can we achieve standard profitable prices and How can we design our product prices so that customer are willing to pay for our services and product ?
6) How can we go about building brand in our niche ?

If we carefully examine the magic effects of these two words we can surely be coming towards some solutions. These questions you can build at your Strategic Meetings with your staff or Brainstorming session.

Pretty sure you will see some magic effects of your queries and you will see solutions coming by your way.

-Digvijay Thapa



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