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3 Reasons Why You Better Know Your Customers...Or Else
Which statement sums up how you define your customers?
1) I have a very specific customer in mind -- very specific and very narrow. I only want to sell to this specific customer, I'm not interested in attracting anyone else.
Or
2) If they...
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Pooh, along with his friend Piglet, was lost in the forest. (They were led there by Rabbit, who was carrying out his evil plot trying to get Tigger to stop bouncing.)
They kept going around and around in circles, and finally Rabbit left them at...
Get Focused Now: 10 Essential Questions
If you feel like life is passing you by, take a look in the mirror and say hello to your biggest opponent. Tell yourself the honest truth. Are you where you planned to be five years ago? Do you have all the fame, fortune, and success that you can...
Why Soft Skills Matter in Your Office
A major problem for employers today is getting the best employees and then keeping them. How do you do this? One way is by understanding what it is employees want. Being able to sense what others feel and want is empathy, an emotional intelligence...
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Strategic Planning Basics
Strategic planning is vital while starting a new business or expansion of an business or planning to boost the performance of an existing business. But it requires detailed strategic planning and controlled deployment activities. Strategic planning is used to delivers its value proposition and achieve its mission.
The main difference between Strategic planning and long term planning is long term planning is developed based on the current scenario but in strategic planning we anticipate future changes.
These are the fundamentals of strategic planning.
Business Mission
The mission statement identifies purpose of the business and the reason for its existence. The mission statement, the organization prospect, ensures realiability and clarity of purpose throughout the organization. The business mission definitions shoule not be confusing, if the perspectives are confusing which leads to incorrect decision making.
Strategic Research
A Strategic research and understanding of your marketplace, your financial perspective and capabilities forms the foundation for the strategy development process. From the analysis, applying creativity, developing a strategy map will produce a number of options and opportunities that can be used to build and implement a solid strategic plan for new or existing markets.
Strategic Procedure
In this segment we should concentrate on where the organization should be going rather than how it should get there. The vital issues facing the organization are, to achieve
its mission should be basis for this segment.
Tracking key strategic thrusts
This step produces the inventory of key strategic thrusts that are emphasized to address the vital issues.
Accomplishment
A evaluation with the current strategy should be carryout at this segment. An assessment of the structure and operations of the business must be carried out to ensure whether it is jelling with the new business objectives. These are the list of department has to be examined
Resource distribution has to be checked. Whether enough resources are available for next financial year. Organization formation has to be appropriate. Whether the jobs are defined propely. There are proper committee are there to deal with the stage. Proper communication systems. Whether the organization communication management is effective?. People accountable is to there. wherether people identified as "in charge" of each objective. Clear incentive systems. How will people be recognized or receive incentive for achieving results?
About the Author: Ramki is with Axsellit Technologies. Axsellit Software delivers professional, benefit-enriched business solutions with an unbeatable performance-to-price ratio. Download free trial balanced scorecard or business software at http://www.axsellit.com
Source: www.isnare.com
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| Creativity - Wikipedia, the free encyclopedia |
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| Creativity For Life |
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| Ten Steps for Boosting Your Creativity |
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| Creativity Web - Resources for Creativity and Innovation |
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| members.optusnet.com.au |
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| gapingvoid: "cartoons drawn on the back of business cards": how to ... |
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| Ideas by Creativity Pool |
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| CREATIVITY |
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| The 6 Myths Of Creativity |
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| CreativeClass.org |
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| TIP: Concepts |
| The relationship between creativity and intelligence has been always been a central concern of psychology ( Guilford , 1950). Much effort has been devoted ... |
| tip.psychology.org |
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| American Creativity Association (ACA) |
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| www.amcreativityassoc.org |
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| CREAX - Portal for creativity and innovation |
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| www.creax.net |
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