How business purpose drives business success
How Business Purpose Drives Business Success Having a clear sense of purpose can drive business success by aligning the strategic goals, operational goals and activities of the business with a…
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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 Which intellectual assets should part of a business strategy?
Which Intellectual Assets Should be Part of a Business Strategy? Identifying which intellectual assets to incorporate into a business strategy is an important decision that can have significant implications for…
Read More 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,…
Read More How to Create a Vision and Goals for your Business
How to Create a Vision and Goals for your Business Creating the Vision and Goals for your business effectively sets out what the future version of your organisation will look…
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 Strategic Planning?
What is Strategic Planning? The future success of your organisation depends on effective strategic planning. Strategic planning is the process of establishing and documenting a direction of your organisation by…
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 How do we Measure the Progress Towards Achieving our Business Goals?
How do we Measure the Progress Towards Achieving our Business Goals? Establishing goals is only part of the work in a business plan. Once the goals have been explained to the…
Read More Why is Setting Goals & Objectives Important?
Why is Setting Goals & Objectives Important? There are many advantages to establishing organisational goals and objectives, including: 1. Provide direction – Goals & objectives help to define performance standards which,…
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