Implementing Innovative Business Development Initiatives in Entrenched Systems 

Implementing Innovative Business Development Initiatives in Entrenched Systems 

It can prove exceptionally challenging to implement novel business practices in existing frameworks, particularly when there is a reluctance among stakeholders. Ironically, the only constant in economic circles is change. The global economy is comprised of a myriad of individual systems operating synergistically. The efficiency of each system is a product of multiple factors including education and skills training, SME development, access to capital and resources, Labor Force Participation Rate (LFPR), and existing economic frameworks, et al.

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