Quote Of The Day
Climb walls of worry – Steve Forbes, CEO Forbes The state of economy plays a crucial part in fostering innovation. There are several stakeholders in the US economy. The investors, individual and institutional, should have the emotional fortitude to resist greed in market hypes and not flight in unnecessary panic. This makes sense as long as many other groups play their part to keep the economic engine running well - the Central bank has kept an eye on controlling inflation before it gets embedded, the office of the president has been proactive with marginal tax relief when necessary, and policy makers are more often engaging in formulating how to create wealth for most citizens.
|
|
As shown in Figure 1, Millennium Ventures will assess a business for its market attractiveness and competitive position to achieve high post-acquisition annual revenue growth. The firm will look for products with either demonstrated or potential for high gross margins, low market risk, considerable market size / market growth, and defendable market share. The competitive position has to be strong with the capability to further strengthen it by superior operations performance. The future strategy is to leverage existing capabilities / products into new markets.
|
|
|
|
The firm leans on three key tactical plans for revenue generation:
-
Focus on higher gross margin products and customers
-
Implement innovative pricing schemes in target markets
-
Improve sales force effectiveness
|
|
|
