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Business strategic planning... “The only thing in life that stays unchanged is change... “This is especially true in business today. The business milieu around the globe has become significantly more complex than it was a hundred years ago. “For example, we have to deal with global competition. We are living in a global village today. It is known that E-Bay has closed some mom-and-pop pawnshops by providing the facility to trade second-hand goods via the Internet (something nobody thought would ever be possible)! Not to mention competition from China and India. “Further, around the globe more and more complicated laws are endorsed by governments, making it extremely difficult for a business owner to keep record of what he must, must not, should, and should not do to keep his business running while not paying fines or going to jail. “These are only two examples of external risks (threats) one has NO control over. Just like the weather and seasons - as our over simplified cartoon suggests. It has become absolutely necessary for us to pay attention to our EXTERNAL risks too. While it is true that we cannot always avoid external risks, we do need to perform some strategic planning to avoid or deal with the pitfalls on the horizon when possible at all!” - Michiel Jonker Message: This cartoon illustrates two businesses; the one business owner ignored the changes in the business environment and the second owner did his strategic planning and made strategic changes - so as to provide in the new needs of his customers... If you cannot open the full image: Please check your pop-up and firewall settings - these settings might prevent your browser from opening the full image. Type: JPG
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