A Strategy for Business Success
The strategy for business success are built around three pillars: The Product, The Market and The Team. Each pillar or a combination will most likely determine the success or failure of a business. The core pillar or strategy to focus on is “the product to market fit”. In business schools they say that a business fails for two reasons, lack of funding or lack of strategy execution. Strategy execution should centre on getting the product and market fit right. If the product to market strategy execution by the leadership team is not right, the cost to fund the business for customer acquisition, sales, marketing and product development increase to the point where value cannot be captured.
What causes business success?
In business which strategy pillars contributes the most to success of the enterprise, the team, the product or the market? Or put another way “what is the biggest cause of…
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