What can entrepreneurs do to be aware of emerging opportunit

What can entrepreneurs do to be aware of emerging opportunities

Solution

FOLLOWING ARE SOME OF THE POINTS WHIH AN ENTERPRENEUR NEED TO FOLLOW TO BE AWARE OF EMERGING OPPORTUNITIES:
Successful enterpreneurs view competitive pressure as a opportunity inspite of obstacle.

* keep upto date on communication technology : to get aware of any opportunity one should be first get itself up to date on communication technology. when there is proper communication of enterpreneur with the market, then one can be aware of anything new. So in order to get update on communication technology, they need to adopt some latest technologies for improving communication.

* develop managerial and leadership competencies : To avail the opportunities of the latest market, leaders need to be more competence in the cross functional leadership, managing transformation & risk. At the individual level, this would require the managers to be more communicative & empathetic.

* Seek a collaborative solution : more and more collaborative solutions are required to get talent gap. whole management should work collabaratively to get best solutions to every problem. and when the work is done collabratively, there is a more chances of getting more and more opportunities to excel in the market.

* let go of certainties : Corporations now a days have to become much more comfortable with the uncertainty if they want to be aware of emerging opportunities in the markets. As we know markets rise to prominence, there will be more growing pains along with the fluctuations in growth.

above given are soome of the points that should be kept in mind by enterpreneur in order to make himself aware of emerging opprtunities.