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Kore 10 Tips for Business Success 360
1. Vision, Purpose, and Values
Define the
vision,
the purpose and the values of your business that are not just well
understood and accepted by all employees, but also
inspire
and
energize
people. Set
stretch goals
and develop practices to live the vision and the values daily.
2.
Business Design
Build an innovative strategically designed business that not only pursues
emerging opportunities with speed, but also creates opportunities for
itself.
3. Value Creation
Create sustainable value for customers, employees and shareholders in a
balanced way to excel at strategy execution and to achieve remarkable
results.
4. Customer Focus
Focus on your customers and value innovations. Build a customer-focused
culture, stay focused on your customer-focused vision, and the rest will
follow.
5. Surprise Factor
Keep surprising to keep winning. Inspire employees by tremendous growth
opportunities. Amaze customers by your exciting products and services. Shock
competitors by your fastness and game-changing radical innovations. Always
be looking for ways to make your business stand out from the competition. Be
different and show all stakeholders how your differentness creates unique
and greater value for them.
6. Systemic Innovation
>>>
Use a
holistic,
systemic,
and
relentless approach to
innovation. Reinvent your business model, strategies, products,
services, technologies, processes and creative marketing moves continually.
7. Innovative Organization
Build an inclusive and innovation-friendly organization. Create an inspiring
culture for innovation and establish innovation processes. Develop an
effective motivation system and
empower
employees.
8. Creating Synergies
Build
synergies and harness the power of diversity. Help corporate leaders
build their cross-functional excellence and master the
leadership-management synergy
approach. Establish a cross-functional management (CFM)
system to build a better synergistic system for innovation, quality, cost,
and delivery. Create and empower cross-functional teams. Develop new
business models, strategies, technologies and products by cross-functional
innovation teams. Facilitate cross-pollination of ideas among people from
different departments. Build synergistic partnerships.
9. Advanced Value Chain
Create
innovative
value chain. Make quality a religion. Help people adopt the continuous
improvement mindset and make continuous improvement a habit. Use advanced
information technology to ensure seamless
virtual integration with your suppliers and customers.
10. Continuous Change
Change
and adapt to suit your changing internal and external business environment
continually. To succeed in business today, you need to be flexible and
innovative. Develop entrepreneurial leaders, Challenge assumptions, reassess
your past strategic decisions periodically; discover and respond to emerging
business and market opportunities.
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