S.O.S. Strategy Outweighs
Entrepreneurs and business managers are often
so preoccupied with immediate issues that they lose sight of their ultimate
objectives. That's why a business review or preparation of a strategic
plan is a virtual necessity. This may not be a recipe for success, but
without it a business is much more likely to fail. A sound plan should:
Serve as a framework for decisions or for securing
Provide a basis for more detailed planning.
Explain the business to others in order to inform,
motivate & involve.
Assist bench marking & performance monitoring.
Stimulate change and become building block for