Jan 15, 2010

Ten questions every business should never stop asking

Forbes has published a list of 10 questions that every business should never stop asking...

1. What is our purpose for existing?
2. Who is our target customer?
3. Why does anyone need what we're selling?
4. If there is a need, is it enough to support a profitable business?
5. What were our competitors up to?
6. Can you reduce expenses--without harming the product?
7. Do we have the right leadership?
8. Do we have the right employees?
9. How will we continue to drive revenue?
10. How are our employees holding up?

I wonder what are the equivalent questions for a service organization like an enterprise IT shop.

1. What is our purpose for existing?
2. Who is our target customer?
3. Why does anyone need what we're selling offering?
4. If there is a need, is it enough to support a profitable ??? business?
5. What were our competitors up to?
6. Can we reduce expenses--without harming the product?
7. Do we have the right leadership?
8. Do we have the right employees?
9. How will we continue to drive revenue ??? ?
10. How are our employees holding up?

2 comments:

  1. Hi Prasoon,

    Happy New Year!

    Nice to see a new entry your blog after almost 2 months. It is always great to read them.

    Here point 6 and implementation of one week sprint. I guess we need to explore it.

    FireFox has adopted Agile. It is a great news from a great product.

    I joined JP Morgan in December.

    Regards,
    Sujeet

    ReplyDelete
  2. Hi Sujeet,
    Good to hear from your and happy 2010!

    Yes, there are several opportunities we should keep exploring to improve continuously to sustain and lead.

    Our experiments with automated testing, short iterations and frequent product rollout to end-users has been positive and we plan to adopt it broadly.

    Good luck on your new endeavor and keep in touch.

    cheers,
    - prasoon

    ReplyDelete