Member Article

IAM Group Business Latest Trends

“Keeping Up With the Trends“

Managing the day-to-day activities in the business is a challenge especially if your boss expects so many from you and your subordinates look up to you. Generating profitable sales depends on effective execution in key business areas: developing quality products, fulfilling customer requirements, complying with regulations, and the list goes on.

But to sustain and increase your company’s competitive position, you need to stay on top of trends. Smart, focused and consistent effort is critical. While you are in charge of the execution of any ideas your boss may charge, you should be careful on how to implement it. IAM Group Limited prepared the list on how to think strategically and act intentionally everyday.

1. Manage everything, but don’t do everything yourself. Set yourself up to succeed. This is a special tip by one of the most successful business CEO in Yokohama, Japan who started as a rank and file and spent 20 years as middle manager. Specifically, assemble a team that manages day-to-day functions in your absence. Put processes in place that supports your operations. Another approach is to hire a secretary. Secretaries can help organize your data and attends to the details so you still have time to instill your vision to the culture and provide leadership in delivering custom investment solutions to clients.

2. Focus on trends relevant to making your business great. Defining the essential factors in your business’s success enables you to determine what trends (technology, business, economic, cultural, fashion, etc.) are most relevant to you.

3. Make trend-watching an automatic part of your life. There are a lot of softwares now that can help you follow the trend and update you automatically. Even IAM Group Ltd. Company has our own systems to keep track with the trend. Find or create your own automated tools to help stay current. You need tools that work hard to capture trends even when you sleep. Try and coax your boss into this and you might as well get extra profit for this great investment.

4. Decide how to integrate trends into your business. Information on trends is useless if you don’t have a method to integrate your findings into business activities. Trend-tracking isn’t just about noticing what global happenings might impact the success of the business. The owner of your company may also be concerned about trends that may affect the success of their customers. How your customer looks in an evening gown, how effectively her investment accounts are serviced or how relevant blog posts are to her daily life—all these matter.

This was posted in Bdaily's Members' News section by Nanette Louise Murphy .