What is a SWOT Analysis?
What is a SWOT Analysis? A SWOT analysis is a commonly used tool that helps organisations to understand their current situation, both internally and externally. The SWOT analysis helps…
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How Partner Compensation Affects Strategy in Professional Services Firms
How Partner Compensation Affects Strategy in Professional Services Firms The way the partners are rewarded in professional services firms can have a dramatic effect on the development and, more importantly,…
Read More The Strategy Creation Process
The Strategy Creation Process A Participative Approach to Strategy Development & Business Planning Involving the key people in your organisation in the strategic planning process by obtaining information about your business…
Read More Gathering Strategic Information
Gathering Strategic Information Obtaining and managing information, much of which is complex, is the foundation of building a robust business strategy. Obtaining information is a crucial part of developing a…
Read More How to Create a Vision and Goals for your Business
How to Create a Vision and Goals for your Business Creating the Vision and Goals for your business effectively sets out what the future version of your organisation will look…
Read More What is Mission Statement?
What is Mission Statement? A Mission Statement is an integral component of a business’s strategic plan. A mission statement describes what business the organisation is in (and what it isn’t)…
Read More Creating the Strategy Model
Creating the Strategy Model The creation of the strategy model is an integral part of the overall strategy creation process as shown in the diagram. The strategy model is created…
Read More Refining the Emerging Strategy
Refining the Emerging Strategy Once the strategic information has been analysed and the strategy model has been created it is time to review and refine it. This review is especially…
Read More Analysing Strategic Data
Analysing Strategic Data Strategy development is inherently complex so accepting this and managing the complexity creates a much more robust and effective strategic plan. The ‘strategy maps’ that are generated can often become…
Read More What are Strategic Activities?
What are Strategic Activities? Strategic activities are actions, projects and other activities that are designed to achieve specific outcomes and objectives. Each objective and goal should have a plan (made…
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