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Focus on Growth

Feb 22, 2018

Tanya Long, Human Capital Executive, Argility. 9 out of 10 businesses fail.  What’s the formula then for success?  So far we have spoken about: 1.       Right product for the right market 2.       Pay Attention To Everything The #3 key success factor: Focus on Growth I’m always amused at the moans and groans from staff that erupt when they walk out of an annual planning session regarding the next year’s targets.  You’ll overhear remarks like: “It’s impossible!”, “What is our leadership team smoking?”  Then fast forward to the next annual review and lo-and-behold, barring dire circumstances beyond the businesses control and...

Resilience and the Ability to Recover

Feb 22, 2018

Tanya Long, Human Capital Executive, Argility. 9 out of 10 businesses fail.  What’s the formula then for success?  This is the last in our series on what the formula for success is in businesses. In previous articles we have covered: 1.       Right Product for the Right Market 2.       Pay Attention to Everything 3.       Focus on Growth The #4 key success factor: Resilience and the Ability to Recover We all know that things go wrong and there are times when even the expression ‘pear-shaped’ will not do the situation justice. It’s not only about having courage and facing the music, but...

Pay Attention to Everything

Feb 14, 2018

Tanya Long, Human Capital Executive, Argility. 9 out of 10 businesses fail.  What’s the formula then for success?  In our first article on this topic, I spoke about the surprisingly high statistics for business failures and the top item for success being the right product for the right market. The #2 key success factors is: Pay Attention to Everything You may have a fantastic product and a willing market, but if your underlying processes do not support sustainable actions then failure may creep up on you.  Small issues suddenly turn into large issues. Boring but necessary business processes, business models...

Right Product for the Right Market

Feb 06, 2018

Tanya Long, Human Capital Executive, Argility. 9 out of 10 businesses fail.  What’s the formula then for success?  A frightening statistic popped out at me when I was reading Forbes Magazine the other day, which said that 90% of start-ups fail.  Now, I’m not sharing this to discourage you but rather to get you thinking that it’s imperative to work not only harder but smarter too. Success Factor 1: Right Product for the Right Market The top reason for success (as gained from research across many successful businesses) is having the right product for the right market.  Even the most...

The World of Retail

Jan 29, 2018

Tanya Long, Human Capital Executive, Argility  There is no doubt that the world of a retailer is a highly complex one.  It doesn’t matter what vertical you are playing in, there are so many elements to get right that only the brave of heart and sharpest of minds take on the challenge.  With the advent of the digital age, customer expectations have evolved at an astounding pace.  The early days of walking to the local farmer, bartering for products or paying with coins are memories retained only in fairy tales (remember Jack and the Beanstalk?).  Customers of today are spoiled...