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Have a Vision

Do some soul searching

No doubt every business has felt the same throughout history, but we are convinced that this period is a time of unprecedented and radical change for Irish companies! And change in itself can cause problems, especially when it is accompanied by the need to make significant investment in technologies which may be outdated within 12 months.

Do’s and Don’ts of Developing
your Vision
Do start with a totally open mind
Do research your vision with all stakeholders
Do consider the way in which technology may change the existing environment
Do define your business model clearly
Don’t allow cutting-edge technology dictate your vision
Don’t restrict your thinking with existing limitations
Don’t be afraid to experiment; the research will verify the concept

So take time out to think through where your business is at, not just in terms of where the markets lie today rather in terms of where they are likely to go. Recent technological developments have drastically changed the face of many sectors; ask a travel agent about Ryanair.com!

Dubarry, the footwear manufacturer based in Galway, spent time clarifying their vision of the company at the outset of their eBusiness project. Marketing Director, Michael Walsh, believes that the basic research carried out at the start of the project is what made the difference in the successful implementation of an eBusiness strategy for Dubarry. “For anybody about to start the process, the work that we did initially, the soul searching about understanding our own business, it’s crucial to do that... looking back I think all of that was what set us on the right road.”

Have a clear simple vision. Part of Arklow based Vitra Tiles’ vision was “To help extend our marketing activities to a larger portion of the market at a higher speed and lower cost”

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National Development Plan The Programmes of Enterprise Ireland are co-funded by EU Structural Funds