New Business Development
An important success factor for an entrepreneur is creating new additional value. New Business Development is the driving force behind the aim to achieve more business from knowledge. Knowledge is the basis for the creation of value. Ultimately, the biggest challenge is to create value for someone else in a favorable business model. The required dimensions to effectively create additional value are product development, process innovation and market demand. However, additional value is usually only temporary and doing nothing often leads to trouble. Where are your opportunities or threats? This asks for a proactive, strategic approach and a fight for the most visionary look on future possibilities. By recognizing patterns, you are able to predict positions. What is it that could make my organization the best in its field in the long run? Determination and passion are important factors to get things done. Besides, the motivation needs to originate from the desire to be better than your competitors, jumping higher, swimming faster.