Simplicity became an enormous source of added value for Apple, and for countless other companies that have followed the same route. The fourth way of increasing wealth is by increasing the convenience of purchasing and using your product or service. Fast food stores by the thousands are a simple example of how much more people are willing to pay for convenience than they are if they have to drive across town to a major shopping center or a major grocery store.
A fifth way of creating value and increasing wealth is by improving customer service. People are predominantly emotional. They are greatly impacted by the warmth, friendliness, cheerfulness and helpfulness of customer service representatives. Many companies are using customer service as a primary source of competitive advantage in a fast changing marketplace. The sixth key to creating wealth is changing life styles, and the impact they are having on customer purchasing patterns and behaviors throughout the country.
There is a national trend toward cocooning, or staying at home more and to making the home environment more enjoyable. More people want to travel and take vacations, thereby creating a boom in the travel, leisure, resort and cruise industries. Changing lifestyles and demographics can create opportunities that will enable you to offer a product or service to a clearly identifiable market that can make you wealthy in a short period of time.
The seventh key to creating to wealth is just planned discounting. This involves finding ways to sell higher and higher volumes of products and services to more and more people at lower and lower prices. How could you offer a product or service of good value at an even lower price?
How could you squeeze out the costs of getting that product or service to the customer and pass the savings onto him or her? When you begin thinking of increasing the speed at which you deliver your product or service, improving the quality, add value at every stage of production, increasing the convenience for your customers, giving better customer service, catering to changing lifestyles and trends and finding ways to reduce the actual cost, you will be astonished at the incredible number of ideas and possibilities that exist around you.
Explore any social media accounts the company maintains. You can see if the business participates in any volunteer programs or if they have announced any recent successes. Gather any information that might be useful when creating your response.
For example, if an employee review states that there are multiple training courses to learn new skills, you can highlight how you strive to learn more about different roles to help your team.
The job description includes the duties and responsibilities associated with the position. Review the description for any requirements that correspond with your experience.
Make sure to include examples of how you displayed those skills in previous positions. You can mention soft skills, such as critical thinking, or hard skills that are specific to the job. For example, if you are applying for an accounting role, you can talk about your experience with programs such as QuickBooks or Sage. Aim to connect your career goals and core values with anything similar to the company to help the interviewer understand why you are the perfect candidate for the job. To make a list of your core values, try to answer these questions:.
Read more: Core Values: Overview and Examples. By practicing your verbal and nonverbal communication skills, you improve your confidence when you deliver your answer. Be clear and concise when speaking. Remember the highlights of your response instead of memorizing all of it to sound relaxed and self-assured. Table of Contents Expand. Table of Contents. What the Interviewer Wants to Know.
How to Respond. Examples of the Best Answers. Tips for Giving the Best Answer. What Not to Say. Possible Follow-Up Questions. By Alison Doyle.
Alison founded CareerToolBelt. Learn about our editorial policies. Updated on February 04, Example Answer 1 I can contribute my ability to streamline office processes.
Example Answer 2 I will bring my unique visioning ability to your company. Example Answer 3 My previous work experience includes innovation in many areas, including strategies for more effective teamwork. Your Privacy Rights. To change or withdraw your consent choices for TheBalanceCareers. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. Strategies for improving your communication skills include public speaking courses, volunteering to draft memos or leading meetings.
Successful professionals are constantly looking for ways they can develop in their careers and are continually improving their skill sets. The best way for finance professionals to improve their skillsets as a whole is to concentrate on one goal or skill at a time. When it comes to remuneration and career advancement, the best way to achieve either is by displaying how you have gone above and beyond what is asked of you.
Being able to explain how you have added value to a company, with examples, will stand you in good stead when it comes to negotiating a pay rise or career development. Ready to find your next role? View the latest jobs now! Skip to main content. Results Previous article 5 ways to excel at networking Psychometric testing in interviews Next article.
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