– Do You Know Your Industry?
It might seem that your business is quite local, and you operate within a small regional area. However, your business is actually part of a larger family, called an industry. This industry is a moving phenomenon that you need to understand so you can be successful. For instance, movements in your industry that are important to watch are trends, standards, changes, opportunities, and concerns.
For instance, recently the dairy industry has been affected by evolving food guides that focus heavily on plant-based foods. If you are part of the dairy industry you would need to know about this threatening trend, stay on top of changes and learn about opportunities to further your business.
Do you know which industry you are in?
Let’s find out so you can position your business better.