Pharma Veterans

7 Deadly Mistakes New Small Businesses Must Avoid – Asrar Qureshi’s Blog Post #1294 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1294 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Gustavo Fring Preamble This blogpost is based on an article by Daniel Lancaster, CFA. Link to the article at the end. Seven Mistakes That Sink Small Businesses and How Smart Entrepreneurs Avoid Them Starting a business is one of life's most exciting adventures. It is also one of the most demanding. Every successful company, whether it is Apple, Amazon, Toyota, or a neighborhood bakery, began as someone's dream. Behind every thriving enterprise is an entrepreneur who took a risk, believed in an idea, and decided to create something of value. Yet the statistics are sobering. A significant number of new businesses fail within th...

  Strategy is a Process – Asrar Qureshi’s Blog Post #1253 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1253 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Kindel Media Preamble This post is based on an another very important INSEAD article, this one by Andrew Shipilov. Link at the end. Strategy is the main playbook of almost all organizations. However, strategy formation, adoption, and execution vary greatly. This article sheds new light on the strategy. Very thought provoking read. Your Strategy Is a Flashlight, Not a Business Plan In boardrooms across the world, strategy is still treated as a document. It is written, refined, approved, and then, ironically, filed away. Organizations spend months crafting multi-year projections, detailed business plans, and structured roadmaps. And yet, many of these ...