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Continue ReadingEffective communication to employees about strategy, targets, and initiatives is important if employees are to contribute to the strategy. Canon U.S.A., a scorecard user, describes its internal communication course of as “democratizing strategy,” and it actively promotes understanding of the company’s strategy and the scorecard in all business units and support features. But as with […]
Continue ReadingBusiness strategy equips the highest management with an integrated framework, to discover, analyse and exploit beneficial alternatives, to sense and meet potential threats, to make optimum use of assets and strengths, to counterbalance weak spot. Growth methods include a variety of approaches from price leadership and product differentiation to horizontal or vertical integration. The strategy […]
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