Speed in Business

The essence of speed in business cannot be under mired in the business world today speed matters caused speed is seen as one of the ingredient that makes a business to stay afloat ahead over there in the market, once a upon a time the world believe in the “Big” corporation forgetting to pay attention to speed thinking that size is everything.
Having the feeling that the big corporation owns the market that was feared by all and expected to knock over competition and swallow the ones that remained at the slightest whim. Fear gripping big corporation also with the market because with the slightest weight thrown around by them sends the entire market.

Talking about speed in business from day one as you venture into business your intending potential customers look at your speed in every aspect from the period of opening in each day business transaction to production and point of delivery been right on time.
That era seems to have gone, if the verdict of Jennings and Haughton’s anything to go by the era of big corporation was the golden age for companies like vivendi universal, one of the world largest media companies (in size not efficiency) general motors, IBM, Exoonmobil, among others. The common treat that they have is size they are all big corporation but they are not the most efficient in their respective industries.
When talking by the fact corporation we talk about the AOL, Clear Channel Communication, Charles Schwarb, Intel, H&M, Hotmail and Telepizza there is a common thread running through all the above mentioned company is their ability to move fast and continuously innovate.
Is not just a mere speed, being fast merely for speed’s sake without an objective in mind leads to haste talking about speed here is all about anticipating the future the future, spotting the trend before others, challenging assumptions and creating an environment where only the best ideas wins innovation meets performance.
To sustain speed in business there must be room for innovation and a continuous innovation also caution ought to be exercised for those who are fast today might get complacement that business landscape will get even faster in the future and today’s headlines might just be yesterday’s news as a new generation of corporations on rockets-speed overtake.