Strategic Puzzle Must be Assembled
Analysis
- comprehensive analysis: of your company, market, and competitors
- analysis of the efficiency of business processes in your company
Forecasting
- forecasting external factors
- forecasting the efficiency of business processes
- forecasting the efficiency and effectiveness of the business model
Goal Setting
- Vision
- Breakthrough goals
- Current goals
- OKR's and KPI's
Target Position
- cluster analysis of the market
- market segmentation
- positioning in the target segment
Unique Selling Proposition
- a real superiority over competitors in characteristics that are important to the target segment within its natural and consumer motives
Strategic Formulation
- a key element of strategic planning that helps determine what exactly the company should achieve in the future and how it plans to do so
Strategic Actions
- the use of effective Change Management tools will make it possible to effectively implement planned changes in the company and implement the strategy
Scenario Budgeting
- budgeting should focus on creating value for shareholders and stakeholders, rather than simply managing expenses and revenues
Three Elements of Vision
FOUNDERS NEED DIVIDENDS
MANAGERS NEED FINANCIAL BONUSES
EMPLOYEES NEED INCREASED SALARY
Goals are set only through SMART
Specific
Formulate goals clearly and specifically. The more precisely a goal is defined, the easier it is to measure.
Measurable
Make sure that you can measure your success
You'll be able to track your progress by answering questions like "How will you know when your goal is complete?"
Achievable
Be realistic when setting goals. Analyze your resources, opportunities, and constraints. Break down larger goals into smaller, more manageable milestones. This makes the goal achievement process more feasible.
Relevant
Ensure that your business goals align with the overall company strategy. This provides a unified direction for all departments.
Time-bound
Set a start date and completion date for the goal.
This will help you track your progress and organize your efforts more effectively.
System of Strategic Projections
The Biggest Secret In Business
To Define the Target Market
To Do
Define your target market
Business Model & Strategy
To Do
Create a business model and develop a strategy that allows you to take the desired position on this market
To Implement the Strategy
To Do
This is the main factor that sets us apart from our competition.
“Our office is something we are pleased with. We consider it the little magnet; it is wanting to come here and afterward difficult to leave it. Our office is additionally a big name.”
