Is it Necessary to Change a Business Strategy?

When a business is doing well there are a lot of indicators to show this. The profits are increasing and the company is growing. When this is the situation is there really any need to change a business strategy when after all, it seems to be doing its job. The answer may be yes. Simply because nothing can be taken for granted, business strategy changes may be required to preserve the future of the business. One way a business owner can stay on top of this is by watching what other business owners are doing. This doesn’t necessarily mean the competitors either. If large conglomerates are changing their strategies then…