Saturday, January 16, 2010

How to Effectively Break New Ground in Business

Whether you are starting a new company or implementing a new project/department/process where you work, there are rules that must be adhered to in order to break this new ground effectively.
Rule 1) Know the industry. It's important that you accumulate a substantial amount of knowledge about the people/customers, processes, products,services, competition, trends, and technology that comprises the field of work you are in. Its important to study these diligently so that you are able to approach your work with a larger view.You don't have to know everything, but you should at least be familiar with each aspect of your particular industry.
Rule 2) Plan ahead. Don't just plan for the best of circumstances, have a bottom feeder plan just in case things aren't as rosie as you hope for them to be. While creating your plans, it is important to be flexible because plans often change. Breaking new ground means doing something that has never been done before or something that you or your company has never done before, therefore you must take into account that there will be some variables that you are unaware of that will reveal themselves later on down the road.
Rule 3) Work Harder and Smarter. When starting something new, it will take a lot of your mental and physical resources to get it up and going. You should plan for long nights and putting a whole lot of extra effort in establishing your new endeavor. Only once you have established your infant enterprise can you revert back to cruise control (that is until the next groundbreaking endeavor surfaces).

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