The corporate strategy
versus the business strategy~
okay, i am going to explain about the corporate and business strategy..
Corporate
strategy
It was an interesting
topic to be learned generally. The thing that I understand about the corporate
strategy is the situation when an organization
continuously has to transform them to remain growing in today’s fast changing
business environment. However, being strategically responsive is not a simple
task for today’s leading companies and long lasting period of industry association.
The business leaders must revisit their organizational portfolio periodically
to decide what will continue to be their main focus or competency and what to
do with non-core businesses.
Business strategy
A
good business plan is just the first topic and can soon become out-dated.
However, making poor investment decisions and focusing on the wrong product or
service could mean a long term disadvantage or even a directly disqualified
from the race. More important than ever companies need to prudently put their
assets to use to successfully competes in today’s tough market conditions.
# There are specific areas where we can add value for the corporate strategy that include:
Ø Developing corporate portfolio strategy
Ø Identifying strategic partners for joint venture,
partnering on product development and merger or acquisition
Ø Spin-off or sale of non-core business units
Ø Outlining organizational structures to improve
efficiency and agility
Ø Creating and redefining business plans
Ø Designing market entry strategies
Ø Organizational and specific business unit
benchmarks
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