Business.
For a more profitable business model add complementary partners for achieving a perfect result - to be successful, you need to continually improve your business model. Step two is to focus in on those customers, and beneficiaries who, users can be served with the most effectiveness at the least cost. Step one is to understand what your customers, and beneficiaries really, users want and need.
Step three is to find partners who can increase effectiveness while reducing costs. - an anniversary cake had been ordered. I saw a good example of how important it is to seek partners if you want the best business model when I attended an anniversary luncheon at the Four Seasons Hotel in Las Vegas. Instead of bringing out a decorated cake, slices pre - cut in the kitchen were housed in a beautiful ceramic box resembling a gorgeous decorated cake. Artists are usually better at such tasks than chefs. If the chef at the Four Seasons Hotel in Las Vegas had decided to become expert in creating these faux cakes, costs would have undoubtedly soared. A similar specialization is possible for ice sculptures.
Today, many restaurant supply houses offer molds for freezing water to create similar ice sculptures. - years ago, chefs would descend into the freezer wearing hats, scarves, mittens, and overcoats to carve a block of ice into a sculpture. The molded ice sculptures look a little artificial at first, but after they have been melting for a half hour or so, they are indistinguishable from many of the hand - carved sculptures. Instead, they rely on master bakers who create custom cakes to order that arrive just before the meal. Likewise, some fine restaurants don' t make their own cakes. In the busy restaurant kitchen, such cakes would have to be made much earlier in the day and wouldn' t be nearly as fresh.
During a discussion of how to create a billion dollar business with only one employee, an entrepreneur described how he felt this could be done in providing broadband Internet, and Internet telephone, cable television services for businesses and apartment buildings. - some people take this approach to partnering to extreme limits. Every step in providing the service, from making the initial sales call to removing the service, could be handled by very capable suppliers who could be organized and trained to achieve a perfect result for this man' s business model. Many large enterprises were founded originally to serve one specialized role for a single customer who grew to enormous size. If such partners don' t yet exist, you may want to help launch them. Knowing that, intelligent entrepreneurs are often willing to create a complementary partnership that enables your business or nonprofit organization to accomplish more and become larger than would otherwise occur. Also consider partnering with such specialists.
Increasingly, firms are specializing in creating custom supply chains and orchestrating those supply chains for their customers.