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Wednesday, March 22, 2023

Are you a winner? How to define true winning in your business

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Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

Opinions of contributing entrepreneurs are their own.

Companies usually measure their performance against dozens of goals and metrics. But you can’t do everything at once. The challenge is getting people focused on the one thing that matters most right now. Moving in the right direction, it would eliminate a weakness (or capitalize on an opportunity) and improve financial results. You improve on that, and you win.

However, not every company clearly defines winning. A catalog of goals can pull the organization in multiple directions and stretch finite resources. Numerous goals can inherently conflict, work against each other, and have conflicting goals. For example, a cost reduction target may undermine an innovation target that requires significant investment.

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