FAQ

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 Business Strategy?

What is Business Strategy? There are many different definitions of business strategy. Some are quite prescriptive, suggesting that a strategy will fall into a particular type. These include cost leadership,…
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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…
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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.…
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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…
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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…
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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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