Pon Your Retirement, The Editor Of Business Week Contacts You To Write A Cover Story On Your Business Career. Write The Story.

CAREER SUMMARY ON RETIREMENT (AN ARTICLE IN BUSINESSWEEKMy journey into the corporate world began expectedly by joining the vexation set-up of my family . Soon after graduating from an overseas commerce school , I was given the responsibility of carving an overseas market for the electrical products sourced from local manufacturers Soon , I realized that I had abundant inclination towards financial management and budgeting rather than marketing . I soon realized that homework needs to be untold stronger than the flair of the marketing Marketing comes at a afterward stage when the product is to be exhibited to the potential consumers . Advertisements and publicity campaigns whitethorn fail but if the quality standards of the product are goodish and built on solid financial planning , it go out capture the market bothwaysThroughout my career , the focus has been simple : approach path costs , build market share and find newborn revenue bands . To build the low-cost model , I consistently found new outsourcing options- be it looking for better audits or forecasting . To drive up market share , I suggested investment in distribution network . Even as our melody connected new customers through us amend the revenues and created wiz of the largest value electrical goods companyFinancial management requires out of the boxful thinking , after all if a company hind end manage the costs , the distributions and the dealer margins of a product as complex as electrical goods it can replicate it to any scale . Typically , using technology for trade , we save on dealer commissions . Somehow , it seemed highly improbable to start major changes from the financial perspective in the existing business practices of the electrical goods trade or manufacture . So I contemplated a change and decided to start my own enterpriseIn the offset phase of setting up my portfolio management company , I purchased an existing enterprise and restructured it . Then I had deconstructed the old stem and reconstructed it around the economic models .

The idea was to tune into the possible demand at the bottom of the investment pyramid . My associates called the unconscious process as to a garden being landscaped afresh without uprooting old plants where value was being unlocked by reposition the existing operations . I got working machinery and tested tools to go through my business plans Some of the main points that I captured throughout my business career relate to innovation and the challenges in the path of implementing the forward-looking ideas . The architect of any business must recognize the simulacrum change that the changing technology brings into the sector of banking and finance . In many ways , the technology utilization is a reverberate image of any company s future prospects . Hence , I brought technology into the business environment to make it far more dynamic and my management team was groomed to be expand to newer ideas . I also think the time has come for banking institutions to be bold must look at the future . If one keeps concentrating on small increments of the present then the business may be out of date before we reach our goals...If you fatality to get a full essay, order it on our website: Orderessay

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