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Are You a Winner? How to Truly Define Winning in Your Business

by Riah Marton
in Innovation
Are You a Winner? How to Truly Define Winning in Your Business
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Opinions expressed by Entrepreneur contributors are their own.

Businesses gauge their performance typically with dozens of goals and metrics. But you can’t do everything at once. The challenge is to get people focused on the one thing that’s most important right now. If it moved in the right direction, it would eliminate a weakness (or capitalize on an opportunity) and improve financial outcomes. You improve that, and you win.

However, not every company clearly defines winning. A catalog of goals can pull the organization in multiple directions and stretch finite resources. Numerous goals can inherently be at odds, working against each other and for conflicting purposes. For example, a cost reduction goal might undermine an innovation goal requiring a significant investment.





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Tags: BusinessBusiness IdeasBusiness PlansDefineGrowing a BusinessGrowthGrowth StrategiesLeadershipLeadership SkillsManagementPremiumSuccessSuccess StoriesSuccess StrategiesWinnerWinning
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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