The Importance Of Ngos In Rural Business Development
Summary
Business Development is the creation of value that has a long term for the organization for customers, markets and relationships that have all the ideas, initiatives, activities to improve the overall business. Therefore, I took the topic “The Importance of NGOs in Rural Business Development” through a link to the world economic forum which contained the importance of non-governmental organizations (NGOs) as economic development institutions and partners that benefit local communities. In this case NGOs are the best way to facilitate the use of technology. NGOs also manage relationships with many potential customers with education. NGOs can instill confidence in technology through the transfer of knowledge and experience through extension to every other country and continent. In this case, there are two key success factors for NGOs in the first years: 1) earning trust from customers, 2) earning trust from financial institutions. Getting these two success factors is a difficult job and a big responsibility. If you can get the support of NGOs that push for a technology in a rural area, you can build glory for small to prosperous villages. Therefore, Vladimir Delagneau, Founder and Chief Executive Officer, built the company he created for an international development, E + C0, that the project financed the company’s growth plans in Nicaragua. With that, Vladimir Delagneau, Founder and Chief Executive Officer after 12 years has provided solar energy for rural and remote areas in Nicaragua through the company he owns.
Abstract
The conclusion that can be obtained from the topic ‘Business Development’ is that XYZ companies make products or services for one region (Indonesia). Where, they do benchmarking to several potential areas by defining the areas that have the greatest potential in the action plan. With that, it was concluded that the BD team would expand the business to Malaysia. For example, cases related to business development between each division owned, namely, sales, marketing, strategic partnerships, product management, vendor management, negotiation and networking of several initiatives, as well as cost savings. With the example of the case above relating to business development between divisions, XYZ company has a definition where, if, sales will focus on certain markets to target the sales department of the new market customer base with other sales strategies. if, marketing involves the promotion or advertisement that is shown to the success of selling its products through social media, then the initiative determines strategic for how to enter the market into existing areas and local companies more reasonably. With the example of cases related to business development between divisions all will run well and thoroughly because, XYZ company has several divisions that will run their companies to develop their products or services to each of their special regions in Indonesia.
Reference: https://www.weforum.org/agenda/2010/10/the-importance-of-ngos-in-rural-business-development/