Wednesday, February 22, 2012

Competition forces us to outdo ourself, wow!

Some experts said, "I love challenges, I love competition. Most of successful businessman loves to compete against their competitor to make them stronger and bigger. It is very common to live for survive especially when you alert most of time what are your competitors are doing to provide invaluable information and guidance how to perform well in the critical timing.

Regardless of whatever resources you can able to gain what industry have you in, it is useful for your to understand your competitors what actually doing and working recently. A very good example from our current bosses where I am working at, they eventually will liaise and build close networks with our typical competitors, the interesting part is the negotiation can be ended up how many percent of share you can get when they're willing to share. Sound weird when I was 1st time to hear that statement in this industry.

No doubt, I am in manufacturing industry which produce raw materials for garments and yarns industry. "The tighten of competition, the smooth of your business operational." Nothing bad or good can concluded, as long as the information is valuable, relevant and accurate, what wrong provide me more without any constraint where they faced. It's marvelous lesson when I learned this from my current employer's.

Ultimately, competition able to make your business heading to next standard level for live surviving. Not only business has their competition each others, to getting job better offer also part of it. Hiring the right candidates with right salary at the right time, it's obviously hard and harder. Competition arises caused of competition, no competition at all, how can the potential employers can be hired the most suitable and right person to work with them. A risk is appeared when hiring a person fresh in the industry, either they have hired or not, you have taking your own risk. That's why big corporation always has risk management in certain areas.

As I mentioned in earlier, hire right person always created competition, so how about in business world? We all remember that the huge competition can able to help you doing well in your business, certainly achieve success than what they have. Be enthusiasm to turn your business more unique and dynamic to gain competitive advantages.

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