7 Epic Facts About Enterprise Failures



#6 Poor planning:

The last thing you need is a poor planning. From making things worse to disaster, poor planning can really turn out to be a big pain as it has all the capabilities to crash down an enterprise party. It’s quite a common sight where you get to see your manager rush into that very important project, head first, without even doing a proper homework. The end result; a perfect disaster.

#7 Doing things the ‘cheaper way’:

Every enterprise wants themselves up there; top of the ladder. But they want to be there only by taking the easiest or the cheapest path. They don’t want to invest in time and money, which are considered to be the keys for a successful enterprise. Enterprises keep this kind of vivid-risky strategy where they complete projects by investing in cheapness. But later on, what you get is an over budgeted, late, uncharacteristic, and cheap product that may ruin the whole business. Never opt for cheapness, especially in the important segments. Have the right tools and have the right funds. Remember; time and money are the best and the most important resources. Invest in them well.

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