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WHAT IS THE ONE MOST IMPORTANT FACTOR IN ANY SUCCESSFUL BUSINESS ?1.KNOWLEDGE 2.LUCK 3. CHANCE 4. RESOURCES 5.TACTICS 6. MANAGEMENT ?

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Question added by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ
Date Posted: 2015/01/06
Tanveer Beigh
by Tanveer Beigh , Area Sales Manager , Khyber Agro Farms Pvt. Ltd.

All these factors have their due value but I believe in present scenario Knowledge is most important which acts as a lever to other factors.

Mukesh Varadhan
by Mukesh Varadhan , Administration Manager , M/s. Triton Health Care

Out of six mentioned here,, Knowledge is the most important. Knowledge helps me to utilize resources effectively and tactfully, which leads to successful management. By doing all the three successfully, opportunity (chance) and Luck automatically follow me.

Doha Shawki
by Doha Shawki , Independent Organizational Development & Human Resource Consultant , Datum International Data Systems

I would add Leadership and put them in order as mentioned below:

1- Leadership

2- Knowledge

3- Management

4- Tactics

5- Resources

 

Illies MOHAMED
by Illies MOHAMED , Site manager / project manager , EIFFAGE

KTM : Knowledge Tactics and  Management are the most important

Mohammad Mohammad Ahmed El-Safty
by Mohammad Mohammad Ahmed El-Safty , مشرف تدريب وتطوير , شركة ميداس للتجارة العامة والمقاولات

 All the mentioned factors  are important but I will vote for management .Although Some people will say if you are lucky you will get all the other factors

Samantha Clarke
by Samantha Clarke , EXECUTIVE OPERATIONAL ASSISTANT direct report to THE CHAIRMAN , Confidential

Knowledge, Management and resources are important attributes to a successful business, I don't believe in luck or chance, I do however believe hard work, determination and exceptional customer service are key to any business success.

Basit Ali
by Basit Ali , Director of Engineering , Laverda Suites & Villas / Blue Bay Resorts

Great Question

I would like to choose management first with tactics industrial engineering techniques because only management can run the good business with all tactics, knowledge and manage available resources or produce required resources for successful business. 

Deleted user
by Deleted user

All of the above apply, but the most important is the KNOW-HOW. Knowing to use and combine all the above is the key. 

Anil Khazanchi Bhat
by Anil Khazanchi Bhat , Sales Manager, Business Development Manager, Global Project Pursuit Manager, Consultant , Emerson India & MENA, ESCO Toronto, ATSCO, IMCO & Julaiah Kuwait+ Consultancy

Knowledge and management

Muhammad Usman Tariq
by Muhammad Usman Tariq , Visiting Faculty , National University of Science and Technology

using knowledge and tactics to manage the given resources for taking chance with luck.

Kathy Mustafa
by Kathy Mustafa , Personal Assistant to CEO- Managing Sales and Marketing Departments , Saudi Kinda Real Estate

Knowledge definitely... Luck is not infinite and runs out :) 

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