Saturday, September 4, 2010

The Business Review (Albany): Tech & Innovation : Business Advice

http://www.aycabilgisayar.com/hello-world/
Seems like 2008 left lots of people crying. So what does that mean for 2009? Once in a while, even Chickemn Little is right. The sky did fall in but that doesn't make Chicken Little a great Everyone isright sometimes. Use Chickenm Little as your 2009 model atyour peril. Bambj time is over. Capitalism has been described as "creative destruction." We saw lots of destruction last It's time to focus on the creatived part. How do you do that in this environment? First, change how you think. For you'll need a battle plan, not just a business plan.
There's not one battle plan that workwsfor everyone, but here are some universal principles for formulating your personalo battle plan: 1. DON'T FIGHT THE LAST WAR We don't know the but we know this year will be different than last even if some 2008 problemsz persistduring 2009. Don't expectf that dusting off your 2008 plan will bring succesein 2009. Sun Tzu, in "The Art of War" "What enables … the good general to strikr and conquer, and achieve things beyond the reacy ofordinary men, is Resources are scarce these days but spenf some time and a littlew money getting information about changes in your markety and analyze how they affectg your company.
2. MIGRATION - THE HEAD IS MOVING If you've ever been to the Serengeti, you know that dry weather causes millions of animals to movevast distances. Businesds is like that, too. When everyone is fat, dumb and happ in their establishedmarket niches, they tend to stay Big changes occur more out of desperation than In times like this, the businesx herd starts moving. You'res in trouble if it's heading in your Maybe your market niche has faredf better than average in the generaleconomic downturn. That's great, but don't congratulated yourself yet. If you have a good you'll be facing new competitors soon. Why?
Maybe your niche was too smal when other companies had lots of Maybe they were focused on product s or customers withhigher margins. If theirt other opportunities dried up, your littlw niche is probably looking pretty good tothem now. Assuming therr are safe havensis foolish. 3. MISFORTUNE BRINGS NEW OPPORTUNITIES Good timex bring more opportunities thantough times, but all economi conditions create new opportunities. Winners spot new opportunities and seizr them quickerthan others.

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