Question

In: Finance

Discuss a short and long-term plan for a perennially losing team and identify specific steps that...

Discuss a short and long-term plan for a perennially losing team and identify specific steps that could be taken to increase income or generate victories.

Solutions

Expert Solution

The most important parameters to gain victory and increase income is on focusing on the pain areas and the difficulties which are continuous and are key aspects in our loss and declining income.

The most important step which you can take to fix your problem is either it is long term or short term is SWOT analysis.

Conduct a SWOT analysis in your team which will definitely help overcome your barriers.

SWOT analysis which means

S - Strength

W - Weakness

O - Opportunities

T- Threats

So this are the four important parameter which would help you stop losing and f=generating income.

Identify your strength which would help you boost your sale. Work on your weakness and convert them into your strength. See the opportunities which are there and you can avail them and last never neglect your threats and try to be better.

This analysis can help overcome you long as well short terms goals.

You can also go for brainstorming session to full the short terms goals and conduct an Six-Sigma or LEAN program to overcome your long term goals.

Please let me know if you find this answer suitable or need more clarification.


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