×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Key strategies to diversify your small business

Diversify your product offering. [iStockphoto]

Diversifying your business is one of the best ways to prepare for survival in a volatile, uncertain, complex and ambiguous (Vuca) business environment.

Initially used by the American military in the 1980s to describe the cold war, the term has been adopted to define today’s constantly evolving business environment.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in