Unlocking Success with POOGI: A Blueprint for Sustainable Growth and Stability in Business
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 ๐ฃ๐ข๐ข๐๐.
POOGI stands for ๐ฃrocess 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. ๐๐
๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐ฅ๐ฒ๐ฑ ๐๐๐ฟ๐๐ฒ ๐๐ฟ๐ผ๐๐๐ต:
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. ๐๐
๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ฟ๐ฒ๐ฒ๐ป ๐๐๐ฟ๐๐ฒ ๐ฆ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐:
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. ๐๐
๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐ฅ๐ฒ๐ฑ ๐ฎ๐ป๐ฑ ๐๐ฟ๐ฒ๐ฒ๐ป ๐๐๐ฟ๐๐ฒ ๐๐ฎ๐น๐ฎ๐ป๐ฐ๐ฒ:
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.