Strategic Planning Articles

The importance of documenting your business knowledge, specifically your business processes and systems should not be underestimated. Although very few business have well documented processes, one of the most important keys to growing a successful business is to develop a Business Knowledge Representation.

For businesses strategic planning is a concept, a mind set and a process. It is looking down the road at what's around the bend. When everyone around your place is focusing on what's coming you will all recognize it in time to take advantage of it.

Our society wants everything now and that mentality could be damaging your changes of success. Delay gratification and you could find your dreams coming true

Creating a business plan is not a favorite for many entrepreneurs. This article transfers the process of planning for an adventure to creating an exciting business plan.

Once time was money. Now it is more valuable than money. A McKinsey study reports that, on average, companies lose 33% of after-tax profit when they ship products six months late, as compared with losses of 3.5% when they overspend 50% on product development.

As commercial processes commoditize in a developed economy, they are outsourced or transferred offshore or both, leaving onshore companies with unrelenting pressure to come up with the next wave of innovation.

Is there validity to comparing in-house work and outsourced work? Of course there is but the more pertinent question is how you make these comparisons.

Your company's organizational strategy is centred around the development and communication of your organization chart.

As business owners and managers we are quite often caught up in the day to day work of running our businesses, dealing with clients, managing staff... after all of this "work" is done there is no time left (or no energy left) to spend on the most important work that we face as business owners and managers, business development.

Or are you not planning for growth at all? Or worse yet, do you even know how your business is performing and what the key growth drivers are for your business?

With a mission to support the countrys economic development, the China Europe International Business School (CEIBS) aims to further its citizens integration into the global market.

Established companies can develop radical innovations - and protect their traditional businesses. The secret? Create organizationally distinct units that are tightly integrated at the senior executive level.

Are you having trouble getting a committee in your company to create a branding strategy for you? Do you find it a complicated task to come up with effective branding tactics? Does your existing branding campaign fall short of your expectations? Are you at a loss on what to do next?

I thought I would clear up some misconceptions about marketing.

A buyer visit is a very important step before receiving a letter of intent. Do not view it as a simple show-and-tell corporate tour. It is your chance to position your company in the best light to drive purchase price. It is also your chance to gather valuable information on the buyer in order for you to make yoru selling decision.