What is the SMART Criteria?
What is the SMART Criteria? Home > Resources > Definitions SMART is an acronym for Specific, Measurable, Assignable, Realistic and Time Related and is most often used to guide the…
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What is a Strategic Objective?
What is a Strategic Objective? Home > Resources > Definitions Strategic Objectives describes what the organisation want to achieve in the short to medium term and serve as stepping stones…
Read More What is the Format of a Purpose Statement?
We have discussed the importance of having a clear Purpose but what does a good Purpose Statement look like? While there are no hard and fast rules about what a…
Read More 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 your organisation. There is, however, often confusion about what these terms…
Read More 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 normally have at least one partner who is an…
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 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 goals drill down a level…
Read More 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 decision makers have for their…
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