100 Great Business Ideas: From Leading Companies Around the World (100 Great Ideas)

134 • 100 GREAT BUSINESS IDEAS The st ruggle to attract bright, talented workers is increasingly challenging. Firms must devise ...

100 GREAT BUSINESS IDEAS • 135 With the workplace changing and the number of “free agents” growing, it is increasingly important ...

136 • 100 GREAT BUSINESS IDEAS Before you release a product, create a plan for when and how it will become obsolete. This allows ...

100 GREAT BUSINESS IDEAS • 137 It is possible to use this strategy to make your competitors’ products obsolete. For example, by ...

138 • 100 GREAT BUSINESS IDEAS When a product becomes easily interchangeable with other products of the same type, it is said to ...

100 GREAT BUSINESS IDEAS • 139 I started, this business was commoditized—you have a big box and gaming tables. Your challenge is ...

140 • 100 GREAT BUSINESS IDEAS Employee engagement is widely seen as being vital to improving business performance, effectivenes ...

100 GREAT BUSINESS IDEAS • 141 Is the team focused on the right things? Is everyone agreed on the priorities and strategy? Do t ...

142 • 100 GREAT BUSINESS IDEAS It sounds immensely trivial, but participating with employees and observing their day-to-day acti ...

100 GREAT BUSINESS IDEAS • 143 or pick fault with their work. If they do, this will increase barriers and stress levels rather t ...

144 • 100 GREAT BUSINESS IDEAS Decide who your ideal customers are—then decide where they go, what they do, and what they want. ...

100 GREAT BUSINESS IDEAS • 145 What makes precision marketing special is its ability to reach its target audience and to meet th ...

146 • 100 GREAT BUSINESS IDEAS The cre at ion of a powerful and well-respected brand is the key to increasing market share and c ...

100 GREAT BUSINESS IDEAS • 147 Distribution advantages. An established brand can ensure manufacturers get the best distributors ...

148 • 100 GREAT BUSINESS IDEAS In practice Understand how the brand will be used. Is it to provide reassurance, to enable a pre ...

100 GREAT BUSINESS IDEAS • 149 When employees at all levels of a company are empowered to make the decisions they feel are neces ...

150 • 100 GREAT BUSINESS IDEAS Employees were trusted to use their initiative and to access a small budget to ensure customers’ ...

100 GREAT BUSINESS IDEAS • 151 Is budgeting an indispensable, practical tool for effective management? Or is it a corporate ritu ...

152 • 100 GREAT BUSINESS IDEAS Emphasize strategy-driven KPIs rather than simply measuring performance against budget. This en ...

100 GREAT BUSINESS IDEAS • 153 To understand how to infl uence someone or to sell an idea, it is essential to know how people bu ...