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A long term goal (5-15+ years) that has smaller goals you complete every year or every quater leading up to it. For example if I said I want to grow my funeral home to serve 200 families by 2025 by the end of this year I will have wanted to join a new organization in town. By the end of next year I would hope to have served 5 more families than the year prior. The year after that I would like to send out a survey to every family served asking why they chose my business instead of competitors in town. 5 years after that I would like to open a second funeral home in a neighboring city, etc.
You essentially come up with these unique ideas that leads to that goal and keeps you on track to achieve said goal by the time limit you allotted to begin with. This requires careful consideration and someone who will keep you accountable that you are working hard to achieve this goal. My suggestion, a "board of directors" people you trust and that would like to see you succeed, they do not necessarily need to know anything about your type of business or even have suggestions to help you get to your goal, but instead be supportive and encourage and help you to stay on track.
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∙ 12y ago
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What are Wal-Mart's strategic goal in business?
It appears that Wal-Marts strategic goals are being met. It is well known that it has discount prices and that it carries a large variety of products. Additionally, it has name brand recognition.
What is a strategic business partner?
A strategic business partner is another business that helps you meet your organizational goals. Since it is a partnership, your business helps them as well.
What is the Strategic role of information system in business?
The strategic role of information in business has always been primarily to drive sales. It is dependent on the business model being used and the type of business practiced.
What is business policy and strategy?
Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.
How can you compare strategic planning and a strategic management approach?
Planning refers to the management function of setting goals and deciding how best to reach that goal, whereas strategic management refers to a process in which managers formulate and implement strategies geared to optimizing strategic goal achievement, given available environmental and internal conditions. It involves a thorough 6 step process.
What do tactical strategic and operational plan have in common?
all of them are plans to achieve the business goal.
What is a strategic intent of an organization?
Strategic intent refers to the purposes the organization strives for. These may be expressed in terms of a hierarchy of strategic intent. The framework within which firms operate, adopt a predetermined direction and attempt to achieve their goal is provided by a strategic intent. The hierarchy of strategic intent covers the vision, mission, business definition, business model and the goals and objectives.
What is the difference between marketing and strategic marketing?
Strategic marketing would suggest marketing that is designed to achieve a particular goal, rather than generalised marketing that has no goal. Although I would suggest all marketing has some sort of goal - it may be that the business doesn't actually know what those goals are. Simon www.TwoCentsGroup.com.au
What are Wal-Mart's strategic goal in business?
It appears that Wal-Marts strategic goals are being met. It is well known that it has discount prices and that it carries a large variety of products. Additionally, it has name brand recognition.
Evolution of business policy and strategic management?
evolution of business policy and strategic management?
How is a business mission and a strategic vision formulated?
How is a business mission and a strategic vision formulated?
What differentiate strategic decision from other types of decisions?
Strategic decisions can be distinguished from other types of decisions because it is:Rare: we dont make strategic decision very often.Consequential: is has a future impact on our business in the long term.Directive and binding: the strategic decision we make today will be directed to certain goal and vision, and we will be committed to it.
What is a strategic business partner?
A strategic business partner is another business that helps you meet your organizational goals. Since it is a partnership, your business helps them as well.
What was the north first strategic goal in the west?
To get reinforcement.
What was the norths first strategic goal in the west?
To get renforcement.
What was the north's first strategic goal in the west?
To get reinforcement.
Walt Disney company has four major strategic business units place them on the BSG matrix?
strategic business unit
