Business performance management is a critical part of planning and monitoring the growth and progress of any business.
Business performance refers to how well a company meets its goals and objectives. It can be measured in several ways: financial performance, customer satisfaction, employee engagement, or productivity.
By tracking and analysing business performance, companies can identify areas for improvement, make informed decisions, and take action to achieve better results.
Ultimately, strong business performance can lead to higher profitability, increased market share, and a more competitive position in the market.
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When it comes to understanding your business and planning for growth, tools like SWOT analysis / SWOC Analysis are often the first to come to mind. But if you want to prioritise people, culture, and contribution, there’s another powerful tool worth exploring: SCORE analysis. SCORE is a strategic analysis framework that focuses not just on […]
PESTLE factors—Political, Economic, Social, Technological, Legal, and Environmental—play a crucial role in shaping the external landscape in which businesses operate. In today’s fast-paced and interconnected world, understanding these factors is essential for making strategic decisions that go beyond the confines of internal operations. Political shifts can reshape regulations, economic trends influence market conditions, and technological […]
In the ever-evolving world of business, it’s easy to feel like you’re constantly juggling priorities, market trends, and operational challenges all at once. Whether you’re trying to streamline processes, improve productivity, or launch your next big product, one thing is sure: you need a clear, well-rounded strategy. Enter the SWOC analysis — your new best […]
Strategic process is a planning process of setting business goals and creating an action plan to implement the strategies. By having a clear and well-defined strategic plan, a business increases its chances of achieving its goals and staying competitive in the marketplace. In this article, we will discuss the strategic planning process in detail, including […]
Seek out evidence that supports what we already believe, and ignore the information.
The process that makes sure customers understand your product or service so they can get the best possible benefits.
Critical success factors create a point of reference for team members to follow.
Indicates a company’s ability for self-improvement.
Initiative to align strategic objectives with all business activities.
Make it easy for organisations to streamline process enhancement and develop behaviours that decrease risks.
Measure how well a business is achieving its key objectives.
Goal setting methodology that helps set business goals.