 It is not uncommon in the health care industry today for two or more parties to form an alliance for commercial and strategic purposes. “Strategic partnership” and “strategic alliance” are terms that are commonly referred to and are now very popular among health care consultants and advisers.
In today’s health care landscape, consultants often advise independent hospitals to merge with a larger health system. The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology.
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With the upturn in the economy, small businesses have more potential for success than ever.
Your sales can increase if it has a flexible and effective online strategy, and if you can rapidly respond to changing desires of customers. The growth of social media as a platform for connection is causing more people to get recommendations from others online. If your business has a good online presence, you will be in the forefront of the new referral and relationship marketing systems. *Ameen Ahasan Strategy Consulting (AASC)* http://www.ameenahsan.com/ Experts in Taking Your Business to Next Levels. Understand the Risks and Rewards The key to being successful is taking calculated risks to help your business grow. A good question to ask is "What's the downside?" If you can answer this question, then you know what the worst-case scenario is. This knowledge will allow you to take the kinds of calculated risks that can generate tremendous rewards for your business. *Ameen Ahasan Strategy Consulting (AASC)* http://www.ameenahsan.com/ Experts in Taking Your Business to Next Levels. :
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This is also the time of making "mistakes". When you make wrong decisions and pay for it heavily later. Usually when we are in strong growth phase, we become too occupied, over confident and short of quality resources. We mistakenly feel this growth will last forever. These weaknesses if not corrected, will shorten our growth period. Which is not good. As after growth phase is the plateau phase and then decline (failure). Business Growth Advisory @ Ameen Ahsan Strategy Consulting info@ameenahsan.com +91-7558-900-800 Please share to all Entrepreneurs Almost all businesses start with a big fall. That is periods of losses and other issues. An entrepreneur during early days focuses more on keeping his business alive.
But once that phase is over, then comes the growth phase. Phase when you can grow and expand. When you can increase market share, production and even number of outlets. But many businesses do not make use of this opportunity, stating various reasons, like 1.Fear of economic slowdown 2.Not enough management staff 3.Production capacity not enough 4.Not seeing a scope for growth 5.Too busy with operations to think of new ones 6.Lack of funds All these might sound genuine reasons. But it's not so. There is solution for each of the above hindrances. What you first need, is a change in mindset. Then you will be able to find a solution for each of the above. Solutions might be time consuming, requiring significant effort and sometimes even investment. But if successful, it's really worthwhile. Best of luck for you and your enterprises! Business Growth Advisory @ Ameen Ahsan Strategy Consulting www.ameenahsan.com Please share to all Entrepreneurs & Management graduates If you wish to get our message direct, then save our number +91-7558-900-800 and whatsapp us your "Name", to join our Broadcast List. If you wish to comment on our broadcasts, please whatsapp to +917558900800 Many businessmen laugh at those who do long term planning. They feel that in an uncertain market what is the point of planning.
But the truth is long term planning gives us focus. It gives us strength to stay on path when extra ordinary good or bad things happen to our business. It's gives us the direction. This does not mean we should never change our plan. We should have a long term goal, mentioned in specific terms like 10 showrooms in 10 years or so. And we should review our action plan every quarter to ensure new internal or external conditions is not putting us off track. There are reasons why businessmen who wants to grow, still don't plan long term. They are either afraid of their plans not realising hence a sense of failure or do not know how to plan. Businessman should not have fear of failure. He should be brave. But if they do not know how to plan, then engage strategy consultants or experts who can help you plan. Business Insights by Ameen Ahsan @ *Ameen Ahsan Strategy Consulting* 7558-900-800 | www.ameenahsan.com 7th Floor, Hilite Business Park, Calicut *Business Consulting | Feasibility Studies | Project Reports* |
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