Definitions

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…
Read More

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 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…
Read More
keyboard_arrow_up