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yes of course , to maintain sucess and be competitive because market changes every day,moves continually, new technologies are in place all time, and new compentiencies , processes, regulations as well.
If things are not working as expected you get an experiance to learn from those set backs, if you are successsful and on a roll, then you should be cautious and continuously improve upon your success else complescency sets in and you may loose your ground before you realize it.
At the outset, let's agree that there is no absolute success but we must empower step that we own now and empower basis and our eyes always for the better, for example, you stop Cola Company search for new
Continuouse improvement plays a major part in success.. so the answer is yes
My dear,
The Question sounds as you are talking about a vehicle got plenty of gasoline in its tank and lost the engine!!
So if the “engine” of that company is still performing then the previous success shall act like the premium gasoline in the tank, gives the company credits and a very good representation, however of the engine is not performing the company is not going to make its way down the road.
If was yes no such companies would shut down:
Wachovia, Morgan and Morgan, Shopsscom, OSCM, fax+…etc.
Regards
Jerry Jarrar
In everything epseically business, the only thing CONSTANT is CHANGE. If your business is successful, competition will follow your model so it is best to keep ahead of them by adapting to changes and employing the best method or technology in improving your business. A business should be able to adapt from a small market to a global market abd properly expand their business adding services or products which is always in-line with their original market.
Yes, it get harder to improve the better you are.
Customer satssfaction and continuious innovation & development of products & services to stay on Top for long term.
Yes ofcourse because in todays tough competions between big companies, the company should be able to maintain that level of prestige by always giving the best in present and future.
It is always in favour of any business to acheive the targets and make progress but once the targets are achieved the most important thing is to sustain that process and to keep exploiting new opportuinities because it's not just a one day game. In the present time the competition is increasing so in the expectation to win the war either a comapany can compete by producing some innovative products or by increasing the product range and by gaining some healthy market share.
