Every company should write a business plan and define its own business strategy based on competitive analysis and SWOT analysis. Then they should define how to approach the market and design a marketing strategy.
Although the business and marketing strategies may be in place, the company’s secret weapon is its management strategies. These strategies define the level of success or failure of the business and marketing strategies. Management strategies are there in order to guide us in managing the company on a daily basis.
These are predefined procedures for handling the company’s overall strategies. Management strategies optimization serves as platform that enables to get the best productivity and creativity out of the leadership system and structure and the talent tribe maximization of potential.
How will we manage in hard times?
How will we manage in prosperous times?
How will we manage growth?
How will we manage decline in customer base?
How will we manage change in politics?
How will we manage a large wave of firings?
How will we manage an attack from our competition?