Businesses/Startups are currently the new noise. According to Smartbooks, Over 500,000 businesses open every month, thus creating enormous opportunities and competition. Today, having a business is a challenge. With good knowledge and monetary sources, you can survive but not sustain due to a volatile economy, uncertain and unpredictable marketplace, and competition.
The Customers have limitless options; it needs a great effort, strategy, and planning to make them loyal to your brand. So to have the ball in your court, you need to take not just one step but multiple steps ahead. Here, we will discuss the top three Ways to Sustain your Business
Innovation and Creativity
Do you prefer the latest over the old? Do you prefer simple over complex? This is Innovation. Great innovation is the one that simplifies. One common trait that many successful startups have is to move with the wind of market needs. Example Uber- changing the taxi business.
Creativity makes you stand out from competitors. It is a crucial awareness-creating factor as the market is dependent on innovative technology. Example Surf Excel- branding with conceptual advertisements.
WeSchool’s Entrepreneurship Management Program focuses on the participant’s existing business and helps to embrace creativity and innovation in their models to get quantifiable results. Tap here to know-how.
Design Thinking
Design thinking is a process of solving problems by prioritizing customers’ needs. In other words, it is a solutions-based, human-centric mindset. They can better identify, understand, and address the problems with Collaborative, User-focused, Adaptable Design Thinking. Example Pepsi Spire- this new way for customers to experience Pepsi came through design thinking.
Every company’s needs are unique. 11-Months PGP in Entrepreneurship Management Program is structured to understand your company’s needs and gives customized result-oriented solutions. Learn and Apply Practical ways to strategize and design your business to next level from here.
Digital Transformation
Digital transformation is not an option anymore; it is a necessity that companies need to reinvent themselves and compete in this world overrun by technological advances. We can say that we live in a digital transforming world; whatever a company’s vision is, it should include digital transformation in order to grow. Example IKEA- New augmented reality (AR) application that allows users to test IKEA’s products in real-time, made 80% of all IKEA’s customer journeys start online.
Digitally Transform your Business with PGP in Entrepreneurship Management Program.
Welingkar’s Post Graduate Program in Entrepreneurship Management explores and analyses best management, governance practices and family continuity challenges, including issues relating to first generation entrepreneurs. It’s designed for those of you, who are looking at making an existing successful business even more competitive. And also for those who are keen on creating turnarounds or starting new ventures besides their existing ones.
Key Highlights of this Premium Program -:
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- Grow Your Business Without Networking
- Design Thinking, Creativity & Innovation
- Start-up Ecosystem/ Innovation
- Road Map for D2C/ B2B/ B2B2C
- Breakthrough Thinking & many more
- Download the brochure here
Let’s accept the fact that Innovation, Design Thinking and Digital Transformation can sustain your business’ success. People neglect this fact and hence fail. Therefore, it is vital to go with the flow in the marketplace to sustain the best position in the industry. Make your business future-ready with PGP in Entrepreneurship Management Program.
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By Khushi Shah
