Strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives. It is a plan for strengthening the performance of your enterprise and states how business should be conducted to achieve the desired goals.
Business Planning encompasses all the goals, strategies and actions that you envision taking to ensure your business’s survival, prosperity, and growth. It is a blueprint of how you will develop your new business, backed by research, to determine if the business idea is viable.
For you, as for business owner seeking to improve overall performance of business, it is reasonable to start with a snapshot of the current state of affairs. It is important to view the business as a system consisting of drivers, results, and measures for correction and improvement.
Access to finance is a pre-condition for companies making the investment necessary to drive growth and maintain competitiveness. The easier the access to finance for the company the more flexible it is.
Change management is an approach to transform individuals, teams, and organizations to a desired future state. Change management allows organizations to respond quickly to market changes, embrace strategic initiatives, and adopt new technology and individuals to embrace change more quickly and effectively.