The first step in managing a successful strategic process is defining a market strategy that differentiates a company from its competitors in the marketplace. This first step is critically important, and should put a company on the pathway to improved growth and profitability. However, that is only the first step. To be effective, a market [...]
Posts Tagged ‘growth and profitability’
The Translation Stage – Strategic Management Process
Posted by admin on August 13th, 2010
Posted in Uncategorized 
Tags: cultur, culture document, definition stage, document culture, growth and profitability, market strategies, market strategy, physical documents, policies and procedures, translation stage, value propositions 
Comments OffImplementing an Effective Strategic Management Process – Get All Stages of the Process Working
Posted by admin on August 13th, 2010
Businesses could perform better by managing more strategically. The emphasis here, when discussing strategy, should be on managing, and not just on planning. Many companies limit their strategic thinking to their planning cycle. Strategic planning is certainly important, but it is only one part of an overall strategic management process. An effective strategic management process [...]