indian business consultant

Reinvent Brand Identity

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<span lang="EN-US"><span style="font-size: large;">  Any work need
identity to speak off. They are the disruptors and innovators, so name and
identity which is challenging and reflects the values. Create identity by
branding your work or company. The logo, website and the name play the most
important part of forming a brand. Here are few ways in which branding can be
reinvented.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
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<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>1.Brain storm</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Put together ideas, by thinking about strategic concepts. Do the
initial thinking properly to get the design and ideas to be executed properly.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>2.Bold name</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Name is a key identity. Create a name that is something flexible and
generative.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>3.Disruptive identity</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">When the idea is dynamic, create something kinetic with adds a
disruptive quality to it. Add more identity by creating colors, typography etc.
but not necessarily all together.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>4.Pattern to be inspired</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Create a perfect disruption of the letterform. Each form of the
letters used could have an architectural touch that will give more an identity.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>5.Digital heritage</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">The connectivity of letters is most important factor. Consider
digital aspects for each fonts and disrupt yourself with satisfaction.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>6.Subtle disruption</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Use disruptions minimally that it will not affect every character.
Use subtle disruption quality that will not affect readability.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>7.Color combination</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">The color identity has to reflect the architecture. The colors have
to suit the letters and the backgrounds in a manner that feels native. </span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>8.Highlights</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Use colors that contrast which highlights the brands and visually
appealing to anyone. Highlighting the colors helps us to remember the brand
easily.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>9.Scroll effect</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Keep
design responsive and scalable. This has to be alive regardless to the design
size be it whatever device or screen size. </span></span></div>
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Reinvent Brand Identity

Any work need identity to speak off. They are the disruptors and innovators, so name and identity which is challenging and reflects ...

Things to Learn From a Growing Startup

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<span style="font-size: large;"><br /></span></div>
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<span lang="EN-US"><span style="font-size: large;">  The following
are the studies which are more inspiring and shape you to rethink your ideas
when it comes to startup growth.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>1.No product no growth</b></span></span></div>
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<span lang="EN-US"><span style="font-size: large;">Product is the base of business growth without which, sustainability
cannot be achieved. A must-have product experience will help in creating loyal
and happy customers which in turn forms the base of success and adds further
growth.</span></span></div>
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<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
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<span style="font-size: large;"><span lang="EN-US"><b>2.G</b></span><b style="text-indent: -18pt;"><span lang="EN-US">rowth is never done</span></b></span></div>
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<span lang="EN-US"><span style="font-size: large;">Every business have their own share of misses, but what takes growth
to next level is passion and this keeps inspiring more and more.</span></span></div>
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<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>3.Growth is not about marketing. Marketing is not about growth</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">All companies would be masters of paid search or email marketing.
These are known competencies but not sole reasons for transformations and
sustainable growth. Instead it is necessary to have playbooks for growth,
majorly included marketing but more relied on product for highest growth
opportunities. For real growth, all teams across engineering, product, and marketing
together design the growth program that really keeps moving the clock.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>4.Looking for what everyone does? A wrong strategy</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">It is important to be unique so choose and create your own path. Do
not try to bring in strategies what your competitors follow, instead have your
own.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>5.Growth hacks are not related to short term tactics</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Certain unique and thoughtful insights of a business will surely hit
the bull’s eye. Distinctive methods help to create enormous inbound demand far
away from traditional strategies.</span></span></div>
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<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>6.Do thins that don’t scale, build things that do</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">As a startup it is necessary to get initial traction by relating to
new customers, and taking the time out to visit and talk with users, etc. do
not take extreme steps that are not scalable. Use best practices to create
repeatable way to success.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>7.Use analytics and their insights</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">These days lots of people track analytics. There are plenty of
dashboards and vanity metrics. This amount of data puking leads to lots of
numbers and very little insight. Most of the startups uncovered real insights
that drove growth.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>8.Combine multiple growth engines for faster growth</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Active participation in social networking sites, creation of a
marketplace, publishing platform, etc. all these addresses to a major workflow
pain point. All these things lead to more adoption and massive growth.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b><br /></b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>9.No silver bullets</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">No companies grow on single silver bullets. They did not just burst
into millions of users and downloads in a single day. Even the most magical products
use meticulous growth strategies to drive adoption and growth.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span lang="EN-US"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: 0px;">
<span style="font-size: large; text-indent: -18pt;"><span lang="EN-US"><b>10.Growth, a team sport</b></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">For any successful company, from top to bottom everyone makes growth
the imperative. It forms the DNA for best growing companies. In all proven
organizations, sales and marketing aren’t firewalled from just the product, and
engineering doesn’t consider marketing efforts spam. All of these teams work
together to open growth and hit into these massive opportunities.</span></span></div>
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<br /></div>
</div>

Things to Learn From a Growing Startup

The following are the studies which are more inspiring and shape you to rethink your ideas when it comes to startup growth. 1.No...

Have a Business Continuity Plan

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<div style="text-align: left;">
<span style="font-size: large;"> Any unexpected
blow in a business can completely catch you off guard, and you will have a hard
time trying to get things back in order. Most entrepreneurs are aware of possible
problems, so they have a business continuity plan already in place. Not just
identifying but also testing these plans to find loopholes and room for improvements
is equally as important. Here are some tried-and-true procedures.</span></div>
<div style="text-align: left;">
<span style="font-size: large;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;">Set Objectives<o:p></o:p></span></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">It is necessary
to have clear objectives. Outcomes are not limited but may include evacuation
routines, IT disaster recovery, supplier management and off-site recovery
plans.</span></span></div>
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<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;">Select the Right Task<o:p></o:p></span></span></b></div>
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<span lang="EN-US"><span style="font-size: large;">There are four
tasks which increasing in complexity.</span></span></div>
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</div>
<ul>
<li><span style="font-size: large; text-indent: -18pt;">A walkthrough – this includes
all team members to discuss whether the current plan has covered everything and
up to date.</span></li>
</ul>
<ul>
<li><span style="font-size: large; text-indent: -18pt;">Desktop task – this will be a discussion
of a fictional scenario delivered through a series of PowerPoint presentations.
This task is best for new or intermediate teams.</span></li>
</ul>
<ul>
<li><span lang="EN-US" style="font-family: Symbol; font-size: large; text-indent: -18pt;"><span style="font-family: 'Times New Roman'; font-stretch: normal;"> </span></span><span lang="EN-US" style="font-size: large; text-indent: -18pt;">Functional task – this task is
designed to use specific team members, procedures, and resources in the event
of a disaster. It helps in performing in a virtual environment.</span></li>
</ul>
<ul>
<li><span lang="EN-US" style="font-size: large; text-indent: -18pt;">Real time task – it is performed
in real time with normal business on hold.</span><span lang="EN-US" style="background: white; color: #4d4f51; font-family: Helvetica, sans-serif; font-size: large; text-indent: -18pt;"> </span><span lang="EN-US" style="font-size: large; text-indent: -18pt;">A live exercise is more difficult and costly to put in order, but
will ensure a much smoother process if the worst does happen.</span></li>
</ul>
<b><span lang="EN-US"><span style="font-size: large;">    Develop a scenario</span></span></b><br />
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<span style="font-size: large;"><span lang="EN-US">Develop a scenario that will suit your objectives.</span><span lang="EN-US" style="background: white; color: #4d4f51; font-family: "Helvetica","sans-serif";"> </span><span lang="EN-US">Be creative when suggesting
incidents. You require only two or three of your employees engaged for a couple
of hours, during which their performance is monitored.</span></span></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;"><br /></span></span></b></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;">Prepare employees</span></span></b></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<span style="font-size: large;"><span lang="EN-US">Be clear about who are participants, observers, and facilitators for
the purposes of the task in the company.</span><span lang="EN-US" style="background: white; color: #4d4f51; font-family: "Helvetica","sans-serif";"> </span><span lang="EN-US">Explain all courses of actions to everyone involved in the plan. </span></span></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;"><br /></span></span></b></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<b><span lang="EN-US"><span style="font-size: large;">Run the task<o:p></o:p></span></span></b></div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">After careful planning and scheduling, it’s time for action. Make
sure you observe closely and ask yourself the following questions: What more is
to be done, or differently?  Are there
any potential areas that can be improved? What went well, and what didn’t? </span></span></div>
<div style="text-align: left;">

</div>
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">End this task with a feedback and also a brainstorming session where
employees can express their opinions and contribute their ideas.</span></span></div>
</div>

Have a Business Continuity Plan

Any unexpected blow in a business can completely catch you off guard, and you will have a hard time trying to get things back in ord...

Ways to Pick Up a Startup Market Segment

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<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"> Any startup will
have a limited people and money to execute programs and therefore it is
necessary to focus efforts on the customers that have the highest prospects
of purchasing. Early momentum can be built easily by focusing on a
segment. Awareness and word of mouth builds faster across like-minded groups
and success stories rings across a segment of similar prospects.</span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">For any startups,
poor market segmentation is the root of a lot of marketing problems. Here are few
good ways of good market targeting.</span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b style="text-indent: -18pt;"><span lang="EN-US"><span style="font-size: large;">1.Get a grip on your key
differentiators</span></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Identify your aspects such as what
is more unique in your product and what you can do that no other competitor
does.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="text-indent: -18pt;"><span lang="EN-US"><span style="font-size: large;">2.Differentiators can bring prospects</span></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Now that you got your differentiators, you need to assess what benefits
users get from these features? Why do people care about the things that
make your offering unique?</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">How do you measure the value that you deliver?</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-size: large;"><span style="text-indent: -18pt;"><span lang="EN-US"><b>3.Identify prospects that care
about your key differentiators the most</b></span></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">There are two kinds of markets
prospects, the one which says “it’s a good product” and the other which says
it’s an amazing product. Now you need to target the second prospect. In a
better way to mention this market segment is easy to sell your product.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-size: large;"><span lang="EN-US" style="text-indent: -18pt;"><span style="font-stretch: normal;"><b>4.</b></span></span><b style="text-indent: -18pt;"><span lang="EN-US">Ways to recognize people
with high affinity</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-size: large;"><span lang="EN-US">Possibly they are consumers that already own certain products and
also have certain hobbies or maybe they tend to be a certain size of
company, in a certain market, in certain geography.</span><span lang="EN-US" style="background: white; color: #4d4f51; font-family: "Helvetica","sans-serif";"> </span><span lang="EN-US">Your segmentation will depend on you being able to identify the
characteristics of an ideal, easy to close prospect.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-size: large;"><span lang="EN-US"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="text-indent: -18pt;"><span lang="EN-US"><span style="font-size: large;">5.Is the segment big enough to
meet sales goals</span></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">It is always better off to get smaller and tighter on your
segmentation, the easier it is to get early grip. You can always go broader
later. Always set realistic sales goals keeping in mind that you will not be
closing everyone in the target market.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-size: large;"><b style="text-indent: -18pt;"><span lang="EN-US"><span style="font-stretch: normal;">6.</span></span></b><b style="text-indent: -18pt;"><span lang="EN-US">Prospects of targets</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">Selling is the purpose of this exercise. Ask yourself the following
questions. Do they have budget authority and if not, who do they have to go to
for approval? Can your target prospects afford what you are charging? Can they
champion your solution inside their business and make a deal happen? Do they generally
buy through a channel like retail, reseller and if so, can you sell through
that channel?</span></span></div>
<div style="text-align: left;">

</div>
<div class="MsoListParagraphCxSpLast" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: large;">If
you can understand what makes your product amazing and can find
people that will pay for that amazing stuff, then you landed in a
nice target market.</span></span></div>
</div>

Ways to Pick Up a Startup Market Segment

Any startup will have a limited people and money to execute programs and therefore it is necessary to focus efforts on the customer...

WAYS TO EFFECTIVELY CONTROL SUPPLIER RELATIONSHIP

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<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS-Owa5aVObOCxj76-61kxxz62Iqaz21t0buf0X72fjhSoj7PXF6iadsA_1CgCW_6HzxLg9UiOxop5s5se-dG-0K4v5PLUB2i9aQLYr8AroaMC5lApts70ekNqlOcRXehQREUBG7jwE8cN/s1600/Ways+To+Effectively_article_maleshaainc.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS-Owa5aVObOCxj76-61kxxz62Iqaz21t0buf0X72fjhSoj7PXF6iadsA_1CgCW_6HzxLg9UiOxop5s5se-dG-0K4v5PLUB2i9aQLYr8AroaMC5lApts70ekNqlOcRXehQREUBG7jwE8cN/s640/Ways+To+Effectively_article_maleshaainc.jpg" width="640" /></a></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif;"> <span style="font-size: large;">Having partnerships
ultimately form the operational backbone which is the supply chain of an
enterprise. Accordingly In today’s business setting, associations, joint
venture sourcing and outsourcing are unavoidable. Managing supplier vary from
depending on the company’s strategy. Here are few ways to effectively control
supplier relationship.</span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif;"><span style="font-size: large;"><br /></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-size: large;"><span lang="EN-US" style="font-family: Arial, Helvetica, sans-serif; text-indent: -18pt;"><b>1)<span style="font-stretch: normal;"> </span></b></span><b style="font-family: Arial, Helvetica, sans-serif; text-indent: -18pt;"><span lang="EN-US">QUALITY AND RISK MANAGEMENT</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">Always try to establish a strong risk evaluation and risk action
plan based on your supplier profile along with identifying owners from both the
supplier and the enterprise end and make sure this is aligned to the company’s
risk management policies.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><br /></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b>2)</b></span><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><span lang="EN-US"><span style="font-stretch: normal; font-weight: normal;"> </span></span></b><b><span lang="EN-US">INCIDENT MANAGEMENT</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">Incident analysis should be performed at periodic intervals to
identify any kind of trend that needs attention. It can be made more effective
by doing corrective actions of repetitive incidents. Make sure you take
appropriate actions and all learning is distributed across the enterprise and
suppliers. </span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;">3)</span><span style="font-family: Arial, Helvetica, sans-serif; font-stretch: normal;"> </span></b><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><span lang="EN-US"><span style="font-stretch: normal;"><b> </b></span></span><b><span lang="EN-US">PRE QUALIFICATION AND SELECTION</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">Complete detailing about supplier at earlier stages of the
relationship is critical. This helps to qualify and select suppliers. The
selection process must align to company’s policies and it’s important that it
fits the appropriate environment and risk appetite.</span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;">4)</span><span style="font-family: Arial, Helvetica, sans-serif; font-stretch: normal;"> </span></b><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><span lang="EN-US">COMMUNICATION AND BUSINESS CONTINUITY PLAN (BCP).</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">It is important make sure that suppliers BCP and the company’s BCP. Always
establish a clear communication plan for handling a crisis or disaster that
could impact services. Make sure your suppliers conduct impact analysis and
risk assessment and communicates it the company, in turn companies must also test
the BCP with customer every year and also whenever there is change in plan. </span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b style="font-size: x-large; text-indent: -18pt;"><span style="font-family: Arial, Helvetica, sans-serif;">5)</span><span style="font-family: Arial, Helvetica, sans-serif; font-stretch: normal;"> </span></b><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><span lang="EN-US">SECURITY AND DATA PIRACY</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">All security controls must define into products provided, size,
scope, nature of services, regulatory policies. All controls must make sure
that they protect assets and personal data. </span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><br /></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b>6)</b></span><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -18pt;"> </span><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><span lang="EN-US">REGULATORY COMPLIANCE</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">This helps in suppliers in identifying what requirements suits them.
All owners are to identified and reported, tracked and reviewed periodically. </span></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><br /></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b>7)</b></span><span style="font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -18pt;"><b><span lang="EN-US">GOVERNANCE, PERFORMANCE MONITORING, AUDITING AND FEEDBACK MECHANISM</span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US"><span style="font-family: Arial, Helvetica, sans-serif; font-size: large;">Continuously monitor supplier performance based on your contract and
requirements. A governance mechanism will help in achieving objectives.
Auditing must be part of every system and companies must consider supplier
auditing. Following a feedback mechanism is good to get the best results and
improve in more supplier relationship and this will lead to joint trust and
create more values among each other. </span></span></div>
<div class="MsoListParagraphCxSpLast" style="text-align: justify;">
</div>
<span lang="EN-US"><span style="font-size: large;"><br /></span></span>
<span lang="EN-US"><span style="font-size: large;">
<br />
</span></span><br />

WAYS TO EFFECTIVELY CONTROL SUPPLIER RELATIONSHIP

Having partnerships ultimately form the operational backbone which is the supply chain of an enterprise. Accordingly In today’s busine...

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WAYS TO EFFECTIVELY CONTROL SUPPLIER RELATIONSHIP

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