Anticipating Market Shifts To Future-Proof Your Business

  • 📰 ForbesWomen
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

I am a documentary filmmaker and the Founder of Studio 15, a socially responsible fashion brand. After leaving behind a 15-year career in the corporate fashion world, I started a company that focuses on doing good and supporting women.

The last few years have demonstrated the power of uncertainty and its ability to either crumble businesses or create growth opportunities. The first six months of the pandemic saw 23% more businesses closing than average, based on research from. Business owners across industries recognized the need to future-proof if they want to survive the next catastrophe. But pandemics aren’t the only thing that can shut down a business.

“Read in between the lines of whatever is reported in the news; know the story behind the numbers and trends, and blend those two elements of reporting patterns filtered through the PEST lens – political, economic, sociological and technical,” says Joy Osaka-Lu, Founder ofWhen you have a firm grasp of what’s happening in the market and what’s coming up next, you can focus on innovating within your organization to stay ahead of the curve.

When your organization is agile, you can respond to the market and your customers faster than your competitors. “Pay attention to how your customer’s needs and preferences evolve. This can provide early signals of market shifts. Taking a customer-centric approach that integrates feedback mechanisms into the product or service development process, can help businesses stay ahead of changing demands.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 477. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Cap Adds $80 Billion Daily as Bitcoin (BTC) Soars Past $50K (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Market Cap Skyrockets to $1 Trillion After More Than 2 Years: Market WatchCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Market Cap Hits $2 Trillion as Bitcoin (BTC) Price Taps $52K (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Nvidia Surpasses Entire Crypto Market as AI Hype Picks Up SteamNvidia's market cap has surpassed $2 trillion, outstripping the entire crypto market's valuation
Source: Utoday_en - 🏆 295. / 63 Read more »