Definitions

  1. Home
  2. Resources
  3. Definitions

What is Mission Statement?

A Mission Statement is an integral component of your business’s overall strategic plan. A mission statement describes what business the organisation is in (and what it isn’t) both now and…
Read More

What is a Business Plan?

A Business Plan is the roadmap that will guide your organisation achieving its goals and vision. Business Planning is the process of translating an organisations Strategic Plan into a plan that…
Read More

What is a PEST Analysis?

A PEST analysis is a commonly used tool that helps organisations to understand things that are happening in the external environment.  This is a very important part of the strategy…
Read More

What is a Strategy Map?

Strategy mapping can vastly improve any strategy communication effort. A strategy map is a graphic that shows a logical, cause-and-effect connection between all of the elements of the strategy model. …
Read More

What is Transformational Change?

Transformational change is a process designed to create significant change in the culture and work processes of an organisation that produce significant improvement in performance. It often occurs in response…
Read More

What are Strategic Interviews?

Strategic Interviews are one-to-one discussions that are held with the people who are involved with the strategy development process and/or have knowledge that is important to the process. The interview…
Read More

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 some peculiar characteristics of professional service…
Read More
Menu