Strategy, Sales and Profitability
Develop a complete and operational strategic plan so you can focus your management efforts on the most productive and profitable activities to drive business success.
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"Solutions to Drive Your Business Forward "
Strategy, Sales and Profitability
Unlock the Full Potential of Your Business
Johnson and Scholes (Exploring Corporate Strategy) define strategy as follows:
“Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations”.
In other words, strategy is about:
| * Where is the business trying to get to in the long-term (direction) |
| * Which markets should a business compete in and what kind of activities are involved in such markets? (markets; scope) |
| * How can the business perform better than the competition in those markets? (advantage)? |
| * What resources (skills, assets, finance, relationships, technical competence, facilities) are required in order to be able to compete? (resources)? |
| * What external, environmental factors affect the businesses’ ability to compete? (environment)? |
* What are the values and expectations of those who have power in and around the business? (stakeholders) |
1. Does your organisation have a vision/purpose, strategy and plan?
- Are your people are involved in planning?
- Are key people (where appropriate) engaged when developing the plan?
- Are your core values clear and relate to vision and strategy?
- Are your people and stake holders involved in strategy development?
- Are key performance indicators used to improve performance?
2. What are the Benefits of Strategic Planning?
- Captures the vision of the board or owner
- Answers the key question ‘What business are we in?’
- Addresses the key question ‘What business should we be in?’
- Identifies the challenges and risks
- Lays the foundation for future growth
3. How can SAVJET help?
Savjet assists you in developing complete and conceptual strategic plans so you can focus your management efforts on the most productive and profitable activities to drive business success.
Business strategy necessarily has a time frame of 3 to 5 years, in comparison to a business plan, that because of business dynamics, must address a period of 1 to 3 years maximum and be reviewed regularly during this period. Once these are understood, we can then work back to a 6-month and 90-day activity plan.
Savjet assists businesses in creating a framework for the tactics that must be employed to achieve the business goals. The business strategy becomes an integral foundation for any future action as it provides a practical framework against which everyday business opportunities and threats can be assessed. At the ned of this process your entire team will be able to tell you. “What business are we in, and what business should we be in.”
With the assistance of your Savjet Associate, a well-developed and executed business strategy focused on worthwhile goals can achieve a significant leap in the value of an organisation.