Unlocking Success with POOGI: A Blueprint for Sustainable Growth and Stability in Business

Published by riteshkapur on

In each example in the post,
the companies are striving to balance
– financial growth with
– stability,
to achieve sustained success over time.

It might seem like the best way for a company to do well is to lay off workers and cut costs.
But that’s not always true!

There’s a special way of improving called ๐—ฃ๐—ข๐—ข๐—š๐—œ.
POOGI stands for ๐—ฃrocess of ongoing improvement.

It shows that companies can do better over time by
making small improvements instead of big cuts.

It’s like planting a garden.
If you keep making small improvements,
you’ll have a bigger and better garden in the long run.

And like how you need both
– sunshine and
– rain
for plants to grow,
companies need both
– financial growth and
– stability to do well.

So instead of just focusing on making money now,
companies need to think about how to make money in the future while also staying strong and stable.

1. ๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—ฅ๐—ฒ๐—ฑ ๐—–๐˜‚๐—ฟ๐˜ƒ๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต:
A jewellery retailer invests in New Product Development (NPD) to develop new products.
This helps companies meet the changing needs of their customers. This leads to an increase in
– sales and
– profits
over time.
They capture a larger market share and stay ahead of their competitors.

2. ๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—š๐—ฟ๐—ฒ๐—ฒ๐—ป ๐—–๐˜‚๐—ฟ๐˜ƒ๐—ฒ ๐—ฆ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†:
A manufacturing company invests in employee training and development programs. This leads to
– increased efficiency and
– reduced costs.
This helps them maintain a stable level of profitability and weather economic downturns.

3. ๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—ฅ๐—ฒ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—š๐—ฟ๐—ฒ๐—ฒ๐—ป ๐—–๐˜‚๐—ฟ๐˜ƒ๐—ฒ ๐—•๐—ฎ๐—น๐—ฎ๐—ป๐—ฐ๐—ฒ:
A retail company invests in
– new store locations and
– marketing campaigns
to increase sales and profits.
But, they also focus on
– availability of their best sellers, and
– maintaining healthy relationships with their suppliers & customers.
This ensures their stability for the long term.

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