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Strategy

Success strategies for SMEs to overcome the economic crisis and maintain consistency

If you want to overcome obstacles resulting from the economic crisis and maintain consistency, here are a few things to get you started.

Tips for Succession Planning

Have you started with your succession plan for your organization yet? Have you delayed planning for lack of time, or in confusion about what to do next? Have you yet to identify potential successors, or are you unsure of your successor’s skills and abilities?

Social Media Marketing? Bring your A-game

Building a social media presence is essential for most businesses nowadays, and it is a competitive landscape. Need to promote your product? Use Social media. Need to create brand awareness? Use social media.

Towards Better Procurement

Among the many costs that you hope to minimize when engaging in a business, procurement is probably one of the most important factors that you might have to consider. This is the same for both large scale and small scale businesses. Here’s a snapshot of procurement and ways in which you can make it more efficient and cost-effective.

SWOT Analysis

SWOT Analysis is a common technique used to understand an organization's position relative to the competitive environment within which it operates. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats experienced by the company.

Adopting Right Governance Structures According to the Maturity of Your Family Business

In the initial stage of a family business, most of the governing decisions are taken by the owner / founder. However if he or she brings in family members,  and with the expansion of the business, it is required to have a very clear family business governance structure.
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Strategy

Business Opportunities and Business Planning

In the dynamic world of business, small and medium enterprises (SMEs) play a pivotal role in driving economic growth and fostering innovation. However, the journey of an SME is filled with challenges, uncertainties, and fierce competition. To thrive in this landscape, SMEs need to proactively identify business opportunities and craft effective plans to seize them.

Strategic Planning; Vision, Mission, Goals, & Objectives

Strategic planning is a critical process for any business, regardless of its size. For small businesses, however, it can be a game-changer that helps them compete effectively in today's dynamic marketplace.

Creativity and Innovation; How crucial is it for modern-day business?

Today's business arena is rapidly evolving and highly competitive. Creativity and innovation is crucial to stay ahead of the curve. Here are some expert views.
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