Market is the best industry because it will always
remain relevant to economy, it will never go sick. The owners of enterprises
and industry decide what they want to do but how it is to be done, is decided
by customers of the product. This is real meaning of market driven economy. The
expectations of market are changing very fast, the changes of a century in the
past were being witnessed in the past one decade. Best way to ensure it
practically is to avoid all non productive expenditure and ensure conversions
of all non performing assets into cash or liquid wealth. It is very necessary
to identify ways to maximize profit and margins out of any bit of investment or
expenditure, for being competitive.
If
you are a production unit please concentrate on fundamentals and plan your work
accordingly. We must regularly reach our customers to know what they want and
deliver the best possible in earliest possible manner. What is not directly
related to customers should be outsourced because it is not real work of
production unit.
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