The secret to success

There are literally thousands of business theory books on shelves worldwide, sprouting about the 4Ps, cash flow, budgets, distribution, human resources etc....  More often than not the real reason why there is success in any venture is the commitment and hard work. I am not saying that the other areas are not relevant as they definitely are, but having the commitment to see the idea through, showing strength and determination in terms of time and effort is the real secret to the success of a business.So combine that with working Smart in terms of being determined, focused and using the knowledge gained in text books should increase the chances of success. If you are thinking about setting up your business and you want inspiration, then read this.

Merger

A merger between Boots Alliance and Walgreens is set to become the worlds largest healthcare retailers. The synergies between the two companies is set to or should I say hope to equate to more than the 2 separate companies. This should result in increased market share, higher turnover and profits. A greater number of retail outlets, sharing of products resulting in a wider product range, shared development costs, distribution costs and many more. This could also mean diseconomies in scale with regards  to communication and job losses as restructuring takes place. Could there be potential derailment if the culture and leadership of these two companies are not aligned. Article