Archives Tag: business strategy
How to Craft a Short-Term Business Strategy for Your Company
April 19, 2022
Businesses draw up mission and vision statements for a reason. These statements provide a summarized picture of the aims that the business which creates them wants to achieve. But the outworking of these aims tends to take a while—they’re typically for the long term. Companies need a short-term business strategy (or a series of … Continue reading How to Craft a Short-Term Business Strategy for Your Company
Developing an Effective Business Strategy for Your Nigerian SME
April 19, 2022
Starting and growing a small or medium-sized enterprise (SME) in Nigeria comes with its unique set of challenges and opportunities. Whether you’re just launching your business or looking to scale, having a well-thought-out business strategy development plan is crucial. This article explores practical steps to develop an effective business strategy for your Nigerian SME, … Continue reading Developing an Effective Business Strategy for Your Nigerian SME
6 Business Strategy Books You Should Read Before the Year Ends
April 19, 2022
As an entrepreneur looking to stay ahead of the competition and to grow your business, especially in this age and time, you can’t afford to invest in continuous learning. With the year, 2024, remaining just six months to end, I have compiled a list of six business strategy books you should read before the … Continue reading 6 Business Strategy Books You Should Read Before the Year Ends
What is Business Strategy? With Examples
April 19, 2022
When it comes to running a successful business, having a solid business strategy in place is very important. But what exactly is a business strategy? Simply put, a business strategy is a plan of action on how a business will achieve its specific goals and objectives within a given timeframe. It outlines how a … Continue reading What is Business Strategy? With Examples
How To Develop a Competitive Business Strategy for Your Business
April 19, 2022
Doing business today is becoming more competitive than it was a few decades and a century ago. Businesses that must stand out from the pack are those who understand this and can develop a competitive business strategy. A competitive business strategy helps differentiate businesses from competitors, meet customer needs, and achieve sustainable growth. Read … Continue reading How To Develop a Competitive Business Strategy for Your Business
Developing a Customer-Centric Business Strategy
April 19, 2022
In today’s highly competitive market, there is a need for businesses to go beyond offering good products or services to also placing their customers at the heart of their strategies. This is what we mean by a business being customer-centric. A customer-centric business strategy is about designing your business around the needs and wants … Continue reading Developing a Customer-Centric Business Strategy
Transform Your Business Strategy with Our 13-Week Strategy Course
April 19, 2022
Are you ready to elevate your business strategy and achieve unparalleled success in the latter half of 2024 and beyond? Strategy House is thrilled to present an exclusive 13-week strategy course to transform your business approach and propel you towards your goals. Read more about Business Prepare for Success in the Second Half of … Continue reading Transform Your Business Strategy with Our 13-Week Strategy Course
Market Competition Risks: A Strategic Guide for Firms in Nigeria
April 19, 2022
In the bustling landscape of Nigeria’s business sphere, where cultural richness meets economic intricacy, market competition is the crucible where companies shape their futures. The dynamics of this competition are marked by both opportunities and risks. This article serves as a compass for firms in Nigeria, offering a strategic guide to not only weather … Continue reading Market Competition Risks: A Strategic Guide for Firms in Nigeria
By funke-medun
Strategies for Global Business Expansion
April 19, 2022
Business expansion into new markets can open up exciting opportunities for growth and success for you. However, venturing into global markets requires careful planning and strategic decision-making. Here’s a guide to help you navigate the process of exploring new markets for your business expansion. Read more about Business Market Research To achieve business expansion, … Continue reading Strategies for Global Business Expansion
A Guide to Crafting a Positive Business Strategy
April 19, 2022
A Harvard Business Review analysis reveals that companies with a positive culture experienced a 20% increase in sales and 1.2 times higher profitability, showcasing the tangible economic benefits of infusing positivity into business practices (Harvard Business Review, ‘The Comprehensive Business Case for Sustainability’). In the vibrant tapestry of business, success is not only measured … Continue reading A Guide to Crafting a Positive Business Strategy
By funke-medun
How To Craft an Effective Omnichannel Business Strategy
April 19, 2022
Just like every other business owner, you want to give your company an edge over its competitors in 2024. An omnichannel business strategy furnishes you with just that. In a market that’s filled with enterprises running disparate campaigns and different branding styles across their customer-facing points, adopting omnichannel lets you stand out and get … Continue reading How To Craft an Effective Omnichannel Business Strategy
5 Steps to Create an Outstanding Marketing Plan
April 19, 2022
A well-thought-out marketing plan is the backbone of any successful business. It provides a roadmap for achieving your marketing goals and objectives while aligning your efforts with the overall business strategy. Whether you’re launching a startup or looking to revamp your current marketing approach, here are five essential steps to creating an outstanding marketing … Continue reading 5 Steps to Create an Outstanding Marketing Plan
5 Examples of Strategic Partnerships You Should Look Out For
April 19, 2022
Strategic partnerships have become a pivotal strategy for companies looking to gain a competitive edge in today’s dynamic business landscape. These collaborations bring together the strengths and resources of two or more entities to achieve shared goals, whether it’s expanding market reach, enhancing product offerings, or achieving cost efficiencies. Here are five examples of … Continue reading 5 Examples of Strategic Partnerships You Should Look Out For
5 Strategic Partnerships for SME Expansion
April 19, 2022
In today’s competitive business landscape, Small and Medium-sized Enterprises (SMEs) often face numerous challenges when trying to expand their operations. Limited resources, budget constraints, and a lack of brand recognition can make growth seem like an uphill battle. However, one powerful strategy for SMEs looking to expand is forming strategic partnerships. These partnerships can … Continue reading 5 Strategic Partnerships for SME Expansion
How You Can Manage a Damaged Brand Reputation
April 19, 2022
Maintaining a positive reputation is vital for the success and longevity of any Nigerian brand. However, challenges can arise, and negative incidents may occur that threaten to tarnish a brand’s image. In such situations, it is crucial for brands to respond proactively and effectively to manage and rebuild their damaged reputation. This article explores … Continue reading How You Can Manage a Damaged Brand Reputation
