Question

Your team is wanting to expand, and the organization is positioned to be successful. However, implementation is going to be important to the overall success. Therefore, your team will need to plan for implementation. You have been asked to provide a road map for the executive team on how to implement this growth.  

Answer 1

If your team want to expand the organization then following steps should be taken-

1- Add new product and service to your organization- This technique sounds generally basic, yet executing it well can be testing. First off, you have to make sense of which items and administrations your clients need, and the amount they'll be eager to pay for them.Decide if you can sell these items and administrations at a benefit.
The most ideal approach to achieve this is to lead intensive statistical surveying before submitting any assets monetary and human to new item or administration development. Ask your present clients their opinion of your new item and administration thoughts, including potential value focuses. Your statistical surveying needs to concentrate on client interest for new items and administrations and your expense to make,and sell them.

2- Sell more product to your permanent or existing customers-  Penetrating further into your present client base. Start by playing out a market division examination to recognize the client portions that are bound to purchase so you can center your deals and advertising endeavors on these sections.This examination will separate your clients into sections dependent on the criteria you pick on the basis of age, sexual orientation, area, purchasing history, so you can break down their potential gainfulness with regards to selling them new items and administrations.

3- Exapand the organization towards new area- This kind of extension will probably include opening new areas in various geographic territories regardless of whether across town or the nation over. Doing so will require a noteworthy speculation of both time and cash, so perform careful statistical surveying first to ensure there is sufficient client request in the new region to legitimize the extension.

4- New customer market- Having the option to arrive at the correct objective clients through the correct mediums, at the ideal time is the initial step to extending your business into new client markets,While venturing into new objective markets, you have to increase your publicizing to these business sectors.

5- New sale technique such as delivery method- The Internet is the best case of how another deals and conveyance channel can change a private company. Incalculable organizations have rehashed themselves to make the most of online chances.

6- Take over another business- This might be the quickest source to development and extension. Converging with or procuring another business can truly twofold the size of your business short-term, developing your deals and income exponentially. You should perform careful due perseverance on any potential procurement applicants before pushing ahead with a business merger.