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Troubleshooting your Business Strategies Published: 28.07.2010 | Author: kayemarks | Category: Advertising
A business strategy is a work in progress. It is not a one shot deal. It should continually evolve to suit the current business climate. At some point in time nike cortez grigie , you may have assessed if your strategy is actually doing what it is meant to do.


You probably asked this question because chances are that someone you hired had specifically developed this for you and prepared this strategy.


This is true for many business owners because either they do not have the time to actually sit down and write the strategy, or they are terrified when they hear the word business strategy. For some it involves a lot of analyzing using tools like SWOT analysis, environmental scanning, risk analysis, financial prospects, etc. Well, they are. However, as a business owner you cannot just rely on a specialist or a consultant to do the thinking for you. True, they are trained and paid to do business strategies. However, implementing the strategy is another thing.


More often than not, these specialists and consultants are not very familiar with the ins and outs of your business. Often they come in, interview a couple of management people nike cortez rosa , look at some graphs, refer to some statistics, and Voila! They have a business strategy for you. I do not have anything against consultants or specialists but these people come in to your business with a package. They are not coming in to really look into the business in order to develop a plan; they are bringing in a template. A template that they have been prescribing to many businesses long before you hired them. A little tweaking to factor in some business peculiarities and you have for yourself a business strategy.