Wednesday, July 24, 2019
Alison Barnard Case Study Example | Topics and Well Written Essays - 500 words
Alison Barnard - Case Study Example sity of Richmond, Alison went on to pursue a one year Masterââ¬â¢s degree in business administration (MBA) thereby increasing his knowledge on management and entrepreneurship. Equally important, every successful entrepreneur has to know how to manage their time, as well as offering what the customers are looking for in the market. These qualities can be observed in Alison, for instance, when she discovers that women are ââ¬Å"fit loyalâ⬠rather than ââ¬Å"brand loyalâ⬠(Babson 2010), Alison invents a strategic corporate plan for any premium jeans and tops boutique to meet the needs of the customer thereby increasing the demand for the boutiqueââ¬â¢s products, mostly jeans wares. Relatively important, Alison has good public relation skills, a characteristic necessary to become a successful entrepreneur. To illustrate, Alison had the essential skills and fervor to assist her trendy clients to find their right size and sets of jeans, something which enabled her to gain more revenue overtime. Besides, Alison is quite determined and an industrious person, qualities that enable her to be a successful entrepreneur. For instance, it is pointed out that he had high energy and from the beginning, Alison was observed to be running her hit venture, which continuously consumed virtually every waking hour. Furthermore, she was less concerned about burning out as compared to having her daily duties done, in order to plan and manage for the growth of the business (Babson 2010). However, in order to increase further her chances of becoming a successful entrepreneur, Alison has to avoid or reduce her engagement in some few practices. For instance, instead of focusing on the leadership that will be provided for every store, she could be concerned on the best way of transforming the business model that she has created in her original store. This will ensure that the customers will continue targeting the store, significantly giving the stores a competitive age and thereby enabling its
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