Four Decisions Every Business Leader Should Make

There are plenty of legendary bad business decisions: Blockbuster passing up the chance to buy Netflix and Kodak sitting on the digital camera just two that spring to mind. But there are also some legendary smart moves: "I'll have the merchandising rights in exchange for a smaller pay packet," said a certain film director George […]
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Learning Point: Understanding How to Run an Ideas Campaign

Several major organisations have found ways to generate significant improvements to their bottom line through imaginative ideas schemes and campaigns.       Make it Worthwhile: Numerous organisations operate an employee suggestion scheme - having suggestion boxes - real and electronic, but few organisations would claim that theirs was a massive success. There is another way […]
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Developing a Strategy – An Overview

Developing strategy, put simply, is about determining where an organisation aims to be in the future and putting in place the framework for achieving this.  However, developing a strategy is by no means a simple process. This article provides an overview of three key stages of developing a strategy - Analysis, Options and Selection and […]
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Learning Point: Understanding Benchmarking

Benchmarking is a systematic tool that allows a company to determine whether its performance of organisational processes and activities represent the best practices. Benchmarking models are used to determine how well a business unit, division, organisation or corporation is performing compared with other similar organisations. A benchmark is a point of reference for a measurement. The […]
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Developing Your Value Proposition

A value proposition is a promise of value to be delivered. It’s the primary reason a customer should buy from you. In a nutshell, a value proposition is a clear statement that explains how your product or service solves customers’ problems or improves their situation, delivers specific benefits, tells the ideal customer why they should buy from you and not from […]
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The Strategic Planning Process Model

In the 1970's, many large firms adopted a formalised top-down strategic planning model. Under this model, strategic planning became a deliberate process in which top executives periodically would formulate the firm's strategy, then communicate it down the organisation for implementation. This process is most applicable to strategic management at the business unit level of the […]
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What Is Our Organisations Purpose?

Team members have many options and choices open to them on how they work together. One very fundamental choice involves their interpretation of your organisation's purpose. By jointly reviewing and clarifying their reason for existence, team members establish a common base from which to further examine where they are and what the future might hold. This […]
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