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Business strategy
Smart business strategic planning steps
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[QUOTE="Jasz, post: 286726, member: 61772"] A smart business strategic planning process starts with a clear understanding of your business goals. You can use this knowledge to help you create a smart strategic plan for the future. At the beginning of any strategic planning process, it's important to establish a set of goals for your business. These goals should be realistic and measurable so that you can track their progress over time. The next step is to create a strategy that will move toward your goal and then develop plans to achieve them. The first step in creating an effective strategic plan is to decide what it is you're trying to accomplish. Do you want to grow sales? Increase revenue? Improve customer satisfaction? Find new customers? Once you have determined what your goal is, you need to determine how much money it will cost and how long it will take to get there. Ideally, each goal should have its own timeline so that staff members can see when each milestone is expected and can adjust accordingly. Once your plan has been created, it's time for implementation! Your staff members will need feedback from clients and customers on how well they are doing in achieving each phase of their goals; they also need help with any obstacles along the way. [/QUOTE]
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