EXPANDING YOUR BUSINESS ORE RELOCATE YOUR WORKFORCE INTO SOUTHEAST EUROPE
Business to business expansion outside your confer zone including cross border transactions require trust and an perfect planning to be successful. Such kind of important steps rely on a good defined Relationship Development Process.
Our expertise. "Make it happen"
CONSULTING BALKAN Business strategy development services.
New technologies and products have changed the way we do business more in the last twenty years than the previous hundred. Entire industries have arisen and disappeared in a rapidly changing environment that is still accelerating. From the corner store to a media empire, no-one is unaffected, but whoever adapts, survives and thrives.
So how do you navigate your business through interesting times? You have a strategy and someone by your side to help you realise it.
CONSULTING BALKAN strategies aren’t documents that are read and filed away. They are adaptive tools that you can put to use every day to keep you focused on your purpose, deliver on your promise, steer your business on its mission and stay true to its vision.
Business strategy isn’t just about the big picture or outward focus, we can help you with the small things that make huge differences. How to minimise waste, structure your purchasing better, read the signals in the data your business produces every day and recognise the warnings and opportunities the moment they arise.
Business strategy has to be built on good intelligence, and our network of advisors have deep expertise in specific niches as well as a broad understanding of national and local trends. What’s just over the horizon that is truly disruptive and what is just a fad that will have no real effect?
What’s the right amount of growth? What segments, products, territories are going to yield the best results for effort? We can help you with these and many more questions to ensure your growth strategy is focussed and you achieve the best outcome for your effort.
Why CONSULTING BALKAN.
CONSULTING BALKAN business solution advisors’ knowledge and experience will help you sift the signal from the noise and help you understand all your options. They are also experts in helping you put them into action.
Step 1. Business Strategy development
Business Strategy development :(or Strategic) management is the art, science, and craft of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its long-term objectives.
Step 2. Viability study.
Viability study. To determines whether the Business Strategy development is "feasible". This would involve determining whether it is technologically possible to achieve and whether it is practical in the current technological, economical and social scenario.
The viability study can contain following steps
- Preparation for planning through the identification and review of information relevant for strategy analysis
- Performing high-level environmental scan looking at the internal and external business environment with consideration for mission, vision, stakeholders, structure, existing plans, people profiles, and question responses.
- Applying a choice of different tools and techniques to analyze the present state of a business environment and mapping out its future.
Including some of the more common analysis tools and techniques:
- VMOST: This stands for Vision, Mission, Objectives, Strategy, and Tactical. Success in an organization happens with top-down or bottom-up alignment. I was recently reminded of is when working with a client who stated that their tactical is not connected to the strategy. VMOST analysis is meant to help make that connection.
- SWOT: The standard analysis tool, defined as Strengths, Weaknesses, Opportunities, and Threats.
- PEST: This is a great tool to use in tandem with SWOT. The acronym stands for Political, Economic, Social and Technology.
- SOAR: This stands for Strengths, Opportunities, Aspirations, and Results. This is a great tool if you have a strategic plan completed, and you need to focus on a specific impact zone.
- Boston Matrix (product and service portfolio): This tool requires you to analyze your business product or service and determine if it is a cash cow, sick dog, questionable, or a flying star.
- Porter’s Five Forces: This tool helps you understand where your business power lies in terms of present competitiveness and future positioning strength. It forces you to analyze the bargaining power of suppliers and customers, the threats to new entrants and substitutes, and competitive rivalry in your marketplace.
- Maturity Models: There are many maturity models that can be applied to a business. From the evolution model, the technology model, to the team model. The idea is that every business or department goes through a maturity cycle. The standard cycle is chaotic, reactive, proactive, service, and value.
- Root Cause Analysis: This is important, as there are times in the strategy analysis process you need to dig deeper into a problem. This is where RCA is used. The key is that you need to identify and specify the problem correctly, analyze the root cause using a systematic approach, verify the causes, and determine the corrective actions. Implementation of the corrective action is extremely important.
Step 3. Business Plan development
Business Plan development: Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get everything down on paper. The following pages will describe in detail the twelve essential sections of a business plan:
Project Operations Plan.
- Executive Summary.
- Elevator Pitch.
- Key Performance Indicators (KPIs)
- Crucial Resources and contracts.
- Operational and financial forecasts.
- Risk Assessment (sensitive and Monte Carla)
- Environmental Social Impact Assessment (ESIA)
- Marketing Plan development .
- Business Operating development
- Financial Due diligence.
Step 4. Financing strategy development
Financing strategy development: It sets out how the organisation plans to finance its overall private equity and dept structure to meet its objectives now and in the future to realize the defined goals from the business plan . A financing strategy summaries targets, and the actions to be taken over a three to five year period to achieve the targets.
Step 5. Implementation Plan.
Implementation Plan .
Even the most well-thought-out business plan is just a stack of paper if it isn’t coupled with clear guidelines on your path toward implementation of the business plan. Your implementation plan is the section of your greater business plan, where you’ll clarify objectives, assign tasks with deadlines, and chart your progress toward reaching goals and milestones that'll signal the growth of your business.
Here are the four key guidelines for successful implementation:
- 1. Defining Clear Objectives:
- 2. Breaking Them Down Into Tasks:
- 3. Allocating Time:
- 4. Monitor Progress: