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Business opportunities - Essay Example

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The most crucial concepts of building a scalable business are planning, directing, control and culture (Céline, Bérard and Luc, Cassivi…
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Business opportunities
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Business opportunities

Download file to see previous pages... The business should also possess a unique and superior way of doing things. Building an efficient scalable plan requires an entrepreneur to focus on the consumers as the critical component of the business growth. A business that values customers attracts them and enables them to spend considerably. This also ensures sustainability whereby more customers are anticipated in the future than their current numbers. A scalable plan should describe the industry of operation of the business and identify a niche that the competitors cannot fill. Focus on the business’s environment can be especially difficult if the competitors are of the same size or experience the difficulties of monopoly dominance. Once the business has identified the marketing niche, it should apply the necessary strategies that enhance its expansion into a prominent player. Health care scalable plan focuses on strategic performance, project management and process improvement (Céline, Bérard and Luc, Cassivi 160). The emergency management operations have been improved through improving the emergency response and crisis management. The health care has also focused on application of the technology in the improvement of the business operations and dissemination of the health information related to health. Performance has also been enhanced through improved training of the employees to equip them with the necessary information related to improved productivity in the changing health environment. How can the management tools be applied in health care to ensure ...Download file to see next pagesRead More
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