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Should You Expand Into Hot New Core Markets When Market Share Is Declining? No Say Harvard Experts
When it comes to business strategy is it always better to expand markets when your facing market decline? According to a new study, shifting into a new industry probably won’t help your business revive growth. Wall Street analysts and media pundits say new markets outside your own may be greener else where. But actually, it isn’t true. Those in the know recommend focusing on winning senior executives over who believe that their problems are simply a function of a decline in their core markets. Boards accept an underlying belief that leaders should find the best industries and put their companies in a position to compete with others. If you’re trying to succeed in your own industry what is best move that you can make to improve performance?3 Marketing Projects You Can Complete THIS WEEK to Increase Your Income
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Starting your own small business can be really hard, especially if you are doing everything alone. You don’t have to be alone anymore. You can actually have professional help to get your business off the ground and keep it flying high into the company that you have always dreamt about.