Inflation and You

There is a saying "Small is beautiful & flexible, Medium is more & better, Big is strong & solid".

With the rapidly rising cost in running business globally, many SME are falling and folding, Big business corporations are trimming excessive resources, and re-alignment of their corporate resources in the most efficiency way to service a focused target market is becoming more essential.

Therefore, if the old saying is still relevant in this current event, more successful SME is emerging forward by ways of sharing resources among SME, each of the SME is picking their best competencies and putting their resources into it for the best performance to service their customers. Synergy is crucial for SME if success is assured.

Likewise as many families and individual are in the same situation as an enterprise, re-adjustment of daily person behavior is happening now. News reported that more people are using MRT to commute to work due to higher fuel price, frequency of families eating out has reduced due to high commodity prices, declining in property prices in the prime district areas, stop increasing in residential & commercial rental and etc.... As the economic is less bright compared with last year a very impressive economic growth record.

Survival and sustainable are in our back of mind most of the time, but now it is becoming obvious in many corporations especially SME. Going forward let us share and utilise our unique competencies

Seek management expertise to re-align your business vision and resources, please send me your enquiry at hpbdc@yahoo.com.sg

I wish you all well. And hope that you are enjoying this month article reading.

Thank you.