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Post by meganbahm91 on Jul 29, 2013 10:55:31 GMT -6
I am not sure if I agree with Matthew E May on this article. He mentioned that “Elegance is the ability to achieve the maximum effect or impact through the minimum means.” I do not think this is true for all companies. It may have been true for Google. I think it just depends on the type of business you are running. Success can be measured in many ways and it can also be done in many different ways.
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Post by robertnicholson on Jul 29, 2013 12:00:09 GMT -6
It’s important to keep the insight that past success does not insure future success. With this in mind, we can remember to never feel too comfortable in what we are doing but to always feel the need to improve. After all, there are always places that we can improve on in our business. Doing this and always working to bring out the best in the company will provide success.
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Post by ahrield on Jul 29, 2013 15:37:41 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
You be a big success one year and the next be a big bust. People are attracted to nee businesses that open up, but if the company makes no type of improvement people may not come back. I do agree with this article completely bc it always happens in the restaurant industry
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Post by stephaniemeyer on Oct 26, 2013 20:16:18 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
This author is correct in stating that you shouldn't just assume that your victories will ensure your success and future victories. As the old saying goes, "Don't count your chickens before they hatch." As we've all learned in life, as well as in business, nothing in life is guaranteed. Just because we've had a great day, week, month, year, etc. doesn't guarantee that these great periods will continue indefinitely. You never know when a rainy day will come. This is exactly why business owners should never assume that because they were successful at one point in time they will continue to be successful. For continued success, it should be a given that successful business owners are constantly a step ahead of the game, making sure they are aware of what it is the consumer wants at any given point in time. The author seems to have done so and, as a result, continues to be a success.
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Post by heatherlaurent on Oct 29, 2013 17:20:54 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
To maintain a competitive edge, a company needs to be able to come up with a great product time and time again. During the economic slowdown, Blackberry decided to cut its cost from R&D. This ended up being the beginning of the downward spiral for this company that once dominated the cell phone market industry. The Panera co-founder is absolutely right. "Never take success for granted. At Panera, he works to always keep innovating, coming up with new recipes and business ideas". This is the only way to stay alive in this highly competitive marketplace.
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Post by brentgruber on Oct 29, 2013 18:15:50 GMT -6
This article is similar to others, but the message is the same. In the business world today you need to make sure that you are not becoming too confident. It is often proven that the constant variability's that come with running a business can be a deciding factor in the business succeeding or failing. It is important not to think that just because you strategy or plans have worked in the past you are definitely going to be able to succeed in the future. You need to be prepared for anything that might be thrown your way.
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Post by chrmichall on Nov 5, 2013 12:43:03 GMT -6
Instant MBA: Past Victories Don't Ensure Future Success
This link talks about not getting comfortable with your current success. When running an organization you must always suspect something to go wrong, because nothing is never easy to obtain and should not be looked at in such a way. The person this link is talking about says that paranoia is healthy and I think he says this because this keeps you on your toes and may help you come up with innovative ideas that may help your company. It will also make you more aware of your competitors.
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Post by lana.guay on Nov 7, 2013 18:13:24 GMT -6
Never let success go to your head. Being successful at something once does not ensure success again. I think it's so important to always be learning and bettering yourself. No one is ever fully complete and done. The world moves forward so fast that being successful once doesn't mean that successes will keep coming to you. Staying motivated and passionate can ensure that you have success in the future also.
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Post by w0384905 on Nov 8, 2013 11:33:30 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
This article talks about past victories and just because you r company had victories in the past doesn't always mean it will be successful in the future. You have to continue progressing and make it a point to keep changing and growing. Just because you were successful in the past doesn't ensure your success in the future. Keep getting better and better and make it a point to change and grow and you will succeed.
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Post by zekesonnier on Nov 9, 2013 23:07:03 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
The economy is constantly changing and the world is every growing. This is why businesses must continue to be innovative in order to survive. Focusing on the past is unhealthy. Understanding the past and observing the past is okay for planning for the future. I am sure we all can think of an example where a company has not changed their products or strategy much and was left behind when competitors gain their market share. Yes, success must never be taken for granted because all of what it seems to be can be lost rather quickly.
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Post by dipanjali1 on Nov 10, 2013 14:36:58 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
Victories in past definitely does not ensure future success. The world is quite dynamic, and situations and senario are always changing. One needs to understand the new situation and act accordingly in order to succeed again. If one relys on the older version of the successful action then he/she is (most probably) bound to fail.
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Post by ashleylevernharrison on Nov 10, 2013 17:59:43 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
Being successful in the past does boost the morale of the entire company and makes them kind of relax and think that everything will be okay in the future. But a good company would use their success as a stepping stone to do better in the future. Businesses grow and change all the time, so there is no guarantee that what a company did in the past would even work in the future. This is why companies always have to be innovative and look for new ideas to improve their company.
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Post by katiebourgeois on Nov 11, 2013 9:17:49 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
Shaich makes a good point in this article. Just because you ran a successful business in the past doesn't mean you can run another business perfectly. In today's world especially, things change constantly therefore a business needs to change constantly as well. It is important as a business to change as customer's wants or needs change and also as the technology changes. For example, a manager could have been successful at running a company that ran on mostly paperwork in the old days, but they may struggle at running a business that works on a computerized system today because the manager doesn't understand technology very well.
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Post by w0415498 on Nov 14, 2013 11:11:10 GMT -6
I think pass success do ensures future success. If customers know of your work already and like it they will continue to be faithful to you. For example, if you opened another bakery shop your faithful customers will go there too because they know you are great at what you do. They wont mind because they know you are worth it. My mama's favorite sandwich shop moved its location cross the river.Which is very far from our house, but she doesn't mind driving there because they are the best and they are worth it.
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Post by bgoree13 on Nov 15, 2013 11:06:30 GMT -6
INSTANT MBA: Past Victories Don't Ensure Future Success
If people keep the mindset that what they did in the past will keep them set for the future then they will stay stuck in the past. It's important to constantly stay prepared for the future because you never know what can come of it.
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