Business Strategy & Planning
Rapid response to changing trends
It has always been the team with the better strategy that wins.
Rapid response to changing trends
It has always been the team with the better strategy that wins.
It
is therefore critical for a winning Business Plan to include a process
for acquiring market information for analysis as to changing economic
conditions.
The Business Plan must set out a mechanism for processing
this information into useful knowledge that can be utilized to make
decisions on whether the product or service offered:
1. Meets consumer
demand
2. Needs to evolve
3. Needs to be abandoned.
Built into the Business Plan must be a
strategy for learning from both success and failure that can be fed into
future product or service innovation and evolution.
An outside perspective by consultants in developing such a Business Plan can provide a more objective tool for business evaluation and response.
The global reality demands that businesses adopt a culture of continual learning and change to remain relevant in a market that constantly expects new offerings even from established businesses.
Businesses that have a rapid response tool built into their plan of action are best placed to succeed.
International Business Consultant
Winnipeg, Manitoba, Canada
