Where can companies identify potential areas for strategic growth?
Growth opportunities can be found both within and outside the company’s current operations.
Internal growth areas:
Improving efficiency and reducing costs
Cross-selling or upselling to existing customers
Employee skill development and training
Upgrading digital tools or infrastructure
External growth areas:
Expanding into new geographical markets
Targeting untapped customer segments
Collaborating with other brands or startups
Launching innovative products or services
Adopting emerging technologies (AI, automation)
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