5 Business Lessons We Can Learn From The Oscars
On the 28 th February, all eyes will be on the film industry as the Oscars Academy Awards arrives for its 88 th year. From a personal perspective, most of us love to see actors and actresses dress up, walk the red carpet, and receive awards for their accomplishments. Although, from a business perspective, the Oscars provide some valuable lessons for a successful enterprise. Understand Your Competition Academy Award nominees will rarely go into the ceremony without knowing anything about their fellow nominees, especially if they are nominated in the same category. They also understand crucial details such as what type of outfit they will wear and how they perform in front of the camera. Similarly, you should develop strategies to get ahead of the game by gaining an understanding of your competition. Also, identify your own business’s limitations to help you get the right resources to counter this shortfall. Emphasis on Teamwork The glammed up celebrities you see o...
