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People is the primary element of Success.
All of them starting with people
People are the most important ingredient of the recipe for success.
Best People make the best of the processes and strategies.
The3 are essential for success. Formulating Strategy then the processes with implementing the strategy. At the end we select the best people who will follow the processes and implement the strategy
Key recipe for success is Product, Price, Place & Promotion and of course people..
Process & strategy can be executed in each specialization level to take it to next level and to delight customer for brand building to take it to great heights.
If product doesn't support you though we have best of the manpower we cannot proceed but can stretch to a level, the product will be people dependent rather than product strength. If the guy leaves we donot have any option..Similarly PricIng & promotion will help to reach the heights of success
Strategy. Best people employing best practice processes will achieve good results, but are these the ones you wanted to achieve. That why strategy comes first. I beleive.
Of course all of them, but in a way ; good people will digest, good process which will lead to efficient strategy. SO ALL IN ALL started with good people which represent core of business & tangable asset for any sustainable business.
Success will depends on all the following factors.
i- People
ii- Strategy
iii- Process
The people is the most important factor for success because the effective use of the remaining two depends upon people working at different level including, management, middle mangement, operational staff.
I would like to add one word more as like it would be :
A) Analysis
B) Stratergy
C) Process
D) People
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