Inspired by Jim Collins and Jerry Porras’s research of “visionary companies” that endured over 50 years, in the book Built to Last.
In essence, your organizational mission statement must tell the stakeholders why you exist (what your purpose is) and how you achieve that purpose (the specific activities you carry out to achieve that purpose.
Without a clear strategic vision your journey lacks direction and shape. That’s pretty a chaotic and frustrating journey. Craft yours with this article.
company’s strategy provides direction and guidance, in terms of not only what the company should do but also what it should not do. Knowing what not to do can be as important as knowing what to do, strategically.
In South Africa, people get into entrepreneurship in 3 ways and each entry point distinguish them:The unemployed, The Self-employed and the Problem Solvers
There’s more to business than a business plan , and there’s more to a business plan than using it to charm funders.
As a business owner, it is important to know the base/foundation of your business. As much as you operate in an ever changing market environment, the foundation remains constant.
These top 5 questions will help you in developing that foundation.