Wednesday 3 October 2012

Strategic Planning

  • To be competitive a company must be fast, flexible and innovative.
  • In order to achieve this, it is necessary to plan strategically for the future.
  • Examples of strategic planning include;
    1. Altering the industry structure
    2. Creating new products and services
    3. Improving existing product lines and services
    4. Using Information Systems for strategic purposes.

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