213.65 million companies are globally operating in the year 2022, these companies survived an economy sinking pandemic, ever wondered how these companies were able to survive a pandemic that was considered worse than the economic depression of 1930’s.
In a TED Talk the CEO of Indian based company Bijus, Byju’s Raveendran stated, “The challenge is not only to understand a product or to launch it in the market, but the main challenge is to manage your own workspace. When your organisation is doing well, that is the breakthrough which can make or break your organisation.” According to the CEO, managing your own workspace is more difficult than coming up with an innovative idea to start your organisation. So, let’s look into some effective practices to manage your workplace.
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While a company is implementing hit and trail strategies, they constantly have to keep checking the results.
Hit and trail world on the principle of probability and if the results are not in the sync of the same probability then the organisation has to change the equation.
However, if the same strategy works for an organisation then they can think of how to improvise it. And all of this can’t be done until and unless, there is an analyst analysing if these strategies are giving the organisation any sorts of returns.
The above mentioned practices are best suggested by Harvard Business School and practised by many successfully running businesses, but that is fundamental for all the organisations is to deal with the change that their workspace would be facing every now and then, it is essential for all the organisations to analyse and deal with the changing needs, trends and requirement of the market.
And if you are able to manage, understand, combat and analyse the changes that your workspace is going through then your workspace is immuned hiccup.
