When I visited recently the Victorian Ropery in Chatham, it occurred to me that without rope the Victorian empire may have been something totally different. Which makes me think about the R.O.P.E principle in business development. Ever heard of it? Ok here we go:
In developing new markets research is important to size up if the opportunity is feasible or not. At the ropery research into stronger ropes that could withstand the ravages of the sea on board the Victorian ships was a constant thing.
Look out for the opportunity. Opportunities are all around us but it takes a good eye to see an opportunity and make it realisable in a commercial positive way.
Business development has to be practical, feasible and doable. Gold on Mars is as good as no gold at all!
What is the impact on the enterprise you are working for. Are we funded, capable to do it or we just want the cake and eat is?
So whether we want to bring tea from the Far East or creating a new 'Facebook' phenomena online we have to watch our R.O.P.E.
Managing Director and Chief Programmes Officer based in Malta and an avid entrepreneur who likes sharing his expertise in various fields with people from all walks of life.
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