What is an Operational Goal
What is an Operational Goal? Operational goals support the overall strategy by providing the necessary resources and support to achieve the long-term strategic goals and vision of the business. Strategic…
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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…
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 What is the SMART Criteria?
What is the SMART Criteria? SMART is an acronym for Specific, Measurable, Achievable, Relevant and Time Bound. It is most often used to guide the setting of objectives and goals.…
Read More What is the Difference Between Mission, Vision, Purpose & Values?
What is the Difference Between Mission, Vision, Purpose & Values? Your mission, vision, purpose and values play an extremely important role in strategy development and in shaping the culture of…
Read More What is a Practice Group in Professional Services?
What is a Practice Group in Professional Services? A practice group is a group or team within a firm that specialises in a particular area of service activity and will…
Read More What is a Professional Services Firm?
What is a Professional Services Firm? Professional services firms are knowledge intensive organisations that provide expert service to clients. Examples of professional services firms include Accountants, Architects, Management Consultants, Lawyers, etc. There are…
Read More What is a Strategic Goal?
What is a Strategic Goal? Strategic goals describe what the organisation wants to accomplish in the longer-term. They provide a sense of direction, motivation, a clear focus, and clarify importance. Strategic…
Read More What is a Vision Statement?
What is a Vision Statement? A vision statement describes what you envision the future of your organisation to be. A strategic vision is the aspirations that the owners / senior…
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