01 May 2008 | BestPrax Club Pvt. Ltd.
The healthcare industry is going through a period of transition, where disruptive technologies and empowered customers are shaping the business landscape. Strategic planning is therefore imperative for survival and sustainability.
15 December 2007 | BestPrax Club Pvt. Ltd.
SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis is a critical element of Strategy Development. It is a tool that enables top managements of organizations to assess their internal strengths and weaknesses as well as opportunities and threats in their external business environment, providing the right perspective for developing an effective strategy.
1 October 2007 | BestPrax Club Pvt. Ltd.
Businesses have, for long, revolved around the belief that ‘Customer is King’. The advent of the Internet and e-Commerce has made personal interviews, questionnaires and opinion polls not only easier but also more effective, by widening the net and breaking down geographical boundaries, and by reaching the customer in his space and time.
15 August 2007 | BestPrax Club Pvt. Ltd.
Strategy development is no longer a prerogative of profit-oriented businesses. The paradigm shifts in the global economic and competitive landscape have made it essential for non-profits to develop unique strategies that navigate them towards their mission and prepare them for the uncertain future.
15 June 2006 | BestPrax Club Pvt. Ltd.
Strategy deployment is the fundamental link between an organization’s strategy and its goals. In the context of today’s learning organization, companies need to constantly analyse their strategies, measure performance and implement action plans to attain their strategic objectives and move towards the long-term vision.
01 June 2006 | BestPrax Club Pvt. Ltd.
Strategy development is a vital component of successful businesses. Changing economic conditions, technology development and the Internet have made the marketplace more complex, placing greater demands on strategy. Companies need to build unique processes to develop strategy that delivers success.
15 May 2006 | BestPrax Club Pvt. Ltd.
Corporate Governance and social responsibility are more than attractive corporate buzzwords. The role of the private sector is being redefined to include a commitment to sustainable development. Despite a strong business case, convincing companies that they stand to gain by adopting sound business practices has proved to be an uphill task.