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Should a company grow first or become stronger first?

2012-08-03View Original

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1. In growing markets, seize market share first, but avoid becoming overly bloated; In mature markets, it is necessary to become strong first before aiming for greater achievements; in highly competitive markets, one must first strengthen oneself before striving to take advantage of others ; Seize the market first when there is a gap in it, and then work hard to develop it further. For target customers who are price-sensitive, expand the business first before striving for greater strength ; For quality-sensitive products, focus on strengthening capabilities first before expanding; market leaders should seize market share first and then handle the subsequent aspects ; Followers should first enhance their competitiveness before competing for the market; in markets with limited resources, it’s important to expand first.
Reply #22012-08-03
Do it well first, take things step by step in a steady manner; it’s best to focus on research and development capabilities

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