Ateneo Professor on Entrepreneurship
Rizal | Philippines | December 31, 2013
It is just 7 hours before 2014 and here I am collecting my thoughts on business, management entrepreneurship, and strategy.
I am reminded of Kenichi Ohmae, one of the most brilliant business strategic thinker of the modern times. He must have advised hundreds of Japanese businesses develop winning strategy.
He is more well known for the 3C triangle: company, competition and customer. I remember him for emphasizing the Sales - Cost = GP equation and having a long road map for this;
1. All businesses should emphasize sales/selling growth in sales. All top efforts must be made to sell. Investments must be made for selling. Selling comes first. Selling is top priority. It is a key activity, as fighting, destroying the enemy is in warfare/military. Make no mistake about this.
Thus what do you do:
1. Bundling
2. Upselling
3. Use all marketing channels: below the line, above the line, internet marketing. Use autoresponders in internet marketing. Do viral marketing etc.
Author - semi retired business entrepreneur leader who is now a senior citizen. Current posts are about his current business experience and learnings. A former lecturer at a top GSB in the PHL for more than a decade. We had great successful entrepreneur graduates
Showing posts with label Mind of strategist. Show all posts
Showing posts with label Mind of strategist. Show all posts
Tuesday, December 31, 2013
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