Strategic Business Alliance - Ten Reasons Why

A strategic alliance is when two or more businesses join together for a set period of time to achieve a common goal. Research to find a company with similar products or services (but not in direct competition) to form a strategic business alliance to increase your sales and profitablility!

Create SMART Goals and Know When You Reach Them

Without clearly defined goals, most people will spend time on activities that don't matter. Follow this format for goal-setting and always know where you're headed and when you've arrived!

The Development Of Organisations - Part 1

One of the main factors which affects the performance of individuals at all levels within an organisation is the way in which the organisation itself develops and changes in time. Such changes are often closely related to a company’s growth but not necessarily; developments can clearly take place in an organisation which is not increasing in size as such.

Analyze the Product Mix Just Like a Bowl of Nuts

Product mix analysis can lead to optimization of the effort to promote every product category and every product or service within a category. The concept is simple but sucess is riding on execution.

How to Reverse Your Sagging Business Income

Short term, middle term, and long letm strategies for your bussiness: This is one big question everyone across business communities wants to know the answer to. Those who are struggling to reverse their southward-heading revenue trend all burn the midnight oil in pursuit of reversing the sagging trend of their business revenues. Unfortunately, there is not one magic formula. It takes a fully concerted and sustained effort by all areas of your business before you see results. Without this, you potentially run the risk of the liquidation of your business...

Marketing Strategy

Marketing strategy is the set of programs that are matched with the target market opportunities in order to achieve organizational objectives. Drawing up a marketing strategy essentially consists of three steps: targeting market selection, setting market objectives and developing the marketing program.

Pricing and Strategic Marketing For The Future

Pricing of any product is a blend of science and art. It is a function of both your marketplace and your own marketing strategy. Raising prices in a slow market is possible when your marketing is focused on a specialty niche.

Strategic Planning Process - SWOT Analysis

In the area of TQM implementation, one of the key critical success factors is an effective Strategic Planning Process. It is a complex process that entails many data analysis in the external as well as internal environment, assumptions, senarios and risk factors. This TQM article address how SWOT analysis can be part of the overal Strategic Planning Process.

Simply Planning or Planning Simply: How to Plan Without Fuss

Over the years I've seen many different approaches to strategic and operational planning, almost all of which resulted in a huge pile of paperwork, numerous meetings to thrash out such things as the organisation's vision, and no real outcomes. What I've learnt through all this is that simple plans work ... complex plans don't. This article suggests some ways in which you can plan simply and produce plans that are useful and effective.

Nine Questions to Ask Yourself Before You Set Your Goals

We all know that we should set goals for our business. We are told that if we set goals, we will be more likely to succeed, but this isn't always the cases. Perhaps your goal setting needs improvement? This article will help you determine your strengths and weeknesses when it comes to setting goals.

Business Planning For Small Business

Small businesses that need very little capital to get started rarely have a business plan in place. This is because the owners do not see any need to go to this trouble when they don't need to borrow funds. Just like you use a financial planner when you make investments, you can also use available expert advice to help you get started with writing a business plan. The most common type of business plan for small businesses is the start up plan, but there are other types, such as a feasibility plan or an investment plan.

Enterprise Architecture Inputs

Enterprise architecture involves the broad decisions to be made by an organization in the process of creating an organizational information support system. The process of implementing enterprise architecture has now become an inevitable part of present-day business. The inputs of enterprise architecture can dynamically change the business environment in many ways, because basically, it is a blueprint that integrates process and goals in a business enterprise. Thus, it provides vital inputs to components of the business process like intellectual capital, organizational learning, strategic planning, organizational design, competitive advantage, business process reengineering, and systems delivery.

How a Custom Wall Map Can Help Your Business

You gotta know the territory! That's what all the salesmen sang as the train headed for River City in the hit musical The Music Man. A wall map or map mural helps your sales force, delivery staff and customers see the territory and know the territory.