Among the key resources required for

[sumaiyakhatun29]

such a venture are well-developed intelligence on the target customer segment, an established set of processes, and, in some cases, specialized infrastructure. Infrastructure-Driven Businesses Those that achieve their profit through the use of their infrastructure. The telecommunications industry, for example, will need to make a heavy initial investment in infrastructure, after which it will reap the rewards for years with only small investments to keep its systems up to date. The retail business model relies heavily on its established infrastructure to sustain long-term profitability.


Many entrepreneurs cannot think strategically when assessing their buy singapore whatsapp database business’s key resources. Rather, they create generic features that would be commonplace in any company in the industry in which they operate. Instead, you must assess each of the key resources available and see which are essential to the success of your business. For example, talented human resources are a necessity for most companies. But should they be the foundation on which you base your entire business? In addition, Key Resources must be directly proportional to the number and type of key activities your business is involved with.


The quality of these resources will affect their profitability and the profitability of the entire organization. For example, suppose the company doubles sales and grows beyond expectations. You can only deal with that situation if you fully know the key resources involved in consistently increasing demand. This way, you can determine whether your current resources meet the new scenario or if new investments are needed. The Key Resources study is vital because it prepares you for the market’s scenarios.