Moving Other People's Cheese is Financial Management

In business, there are constant challenges for our "cheese" may be moved or even stolen by our bigger competitors, ex-employees, overseas dealers, e-commerce merchants and the next-door Ah Bengs. Covid-19 has accelerated these stresses and makes business transformation a matter of survival.

It is time for business owners to re-examine their business models and value propositions for your target markets.

Construction-related companies, for instance, may start adopting labor-saving technology and work processes even if it costs 30-50% more now but 10-30% cheaper than your competitors 3-5 years down the road. 

Some industries are facing stronger headwinds than others though. Many retailers and food & beverages operators have encountered a hard time during the pandemic. Though going digital - be it e-commerce or on-line delivery channels, may help ease the pain (and some may even prosper), there are a lot more to be done going forward. Some may even go for new non-conventional food materials.

Those businesses that have been considered quite stable may have to wake up too. Domestic-helper agencies, for instance, may have to re-look at their business models facing the possibility of an abrupt cut-off of new supply. It is now pertinent than ever to make transfer of domestic helpers seamless, transparent and trusted.

The question is not just "Who stole my cheese?", it is finding and getting the "best cheese" even from other's plates!

My job is to help you pick up the best cheese at best of the time at a reduced cost under EDG funding scheme！

Note: "Who moved my cheese?", a book written by Dr Spenser Johnson 2 decades ago, has sold 26 million copies in 37 languages and remains one of the most popular business books since. In the book, it talks about 2 mice and 2 littlepeople and their responses to changes symbolized by the supply of cheese gradually moved away from the stations they have frequented. When the supply of cheese dwindles, some will work hard looking for other sources of supplies, while others may just sit still and angrily putting the blame on the system or even fate.