Sustaining a winning
strategy in business is good, however, a time comes when dropping such strategy
becomes a necessity even when it is still profitable to the business and the
reason is simple – every stage of business growth requires a new strategy, and
when a business gets to maturity, it’s an indication that a new strategy is
required to sustain the organization in business.
An entrepreneur can reinvent a business by employing
deliberate and conscious strategies that will help the organisation compete effectively, and the only way an organisation can maintain its
growth is by launching new growth business strategies when the core units are still strong.
Don’t
stay too long on a business strategy, you must learn to adjust in a dynamic
business world.
