Fantastic Business Opportunities During Recession Will Make You Rich Introduction Any recession brings with it heartache and misery, we’ve been through it many times before. But for those with foresight, strong management discipline, and dare I say, “balls”, there are always business opportunities during a recession that can provide decades of wealth to follow. The […]...
Read MoreThe pursuit of growth is a fundamental characteristic of all strong business, and good governance is an essential foundation of that growth. It has been found that SME’s with good governance enjoy better growth by maintaining strategic focus and building more effective leadership. The Business Development Bank of Canada found in 2014 that on average, […]...
Read MoreStrategic thinking is becoming widely embraced as the rejuvenation of business strategy. It displaces tired and less effective Strategic Planning processes to better focus on building sustainable competitive advantage. These so-called ‘moats’ are essential building blocks for a bullet-proof business. The Essential Business Strategy Formulation Process Although different consulting groups and practitioners invent their own […]...
Read MoreHow do we judge success? It is commonly associated with money, power or prestige, but in truth it is more than that. Being successful in life is a much broader concept. You don’t need to achieve great wealth or power to lead a successful life, and many do. Rather than define success by reference to […]...
Read MoreThis is an updated version of an article first published in 2008. Strategic thinking is the cornerstone of successful strategy development. Yet it often gets overlooked. Good strategy requires strong positioning and a clear vision. Strategies are competitive and should be based around clear customer definition with a strong value proposition. How you can provide better […]...
Read MoreDigital transformation efforts are underway at the majority of companies—but most have focused on optimizing current operations, rather than creating new business models, analysts say. However,the year 2019 will see more global businesses seeking to use technology to deliver on customer needs and improve security and impact, according to a report from Verizon Enterprise Solutions. […]...
Read MoreCurrent Trends in Technology Technology is firmly embedded in every aspect of our lives. Consulting firm Accenture has identified five technology trends. These help guide our strategic thinking. They are big-picture trends, so how does a small to medium business react? How can you use technology to improve competitiveness? The short answer is to […]...
Read MoreStrategic Considerations in the Blairgowrie Hairdresser Market – Part 2 If you know where you sit in the marketplace and can think strategically about it, you are better able to develop winning strategies. This sounds straightforward, but the competitive risks and challenges of different positions are often under-appreciated. Part 1 of this article reviewed the […]...
Read MoreStrategic Considerations in the Blairgowrie Hairdresser Market – Part 2 It’s true – your ability to increase profitability is related to your market share. And market share depends on how you define your market. While on holiday in Blairgowrie, Scotland recently, my wife needed to go the hairdresser. This required extensive market research (there are […]...
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