Professional Documents
Culture Documents
Strategy and Planning
Strategy and Planning
Strategy and Planning
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• Analysis of current position
Ron Mukerji
• SWOT analysis (market position)
• Analysing figures:
• Profit centers
• Cost centers
Ron Mukerji
• Evaluating current markets:
• Development / consolidation / withdrawal?
• Prioritizing:
• Sales growth & Market share?
• Earnings growth & profitability?
• Business development:
• Takeovers / mergers / alliances
• Entering new markets:
• From zero? Buying local companies? Joint venture?
• Product Diversification / Focus on core business?
• Marketing strategy:
• Worldwide
• Multi-domestic
• Identifying cost savings:
• Internal efficiencies / production in low-cost countries / outsourcing?
• Increasing shareholder value (shareprice / dividends)
• Image, reputation, Social Responsibilty
Ron Mukerji
• Setting overall sales and revenue goals
• Pricing policy:
• Value for money products?
• High quality / premium price products?
• Controlling budgets
• Implementing plans, procedure & projects
• Ensuring that objects are SMART
• Specific
• Measurable
• Agreed
• Realistic
• Time-specific
Ron Mukerji