Strategy is an area where a company is looking for a state it wants to get into in the future in order to be successful. It is a simple, purposeful way to find my own vision (where I want to be and who I want to be), the mission (what I do, what my customers want, what makes me different), goals (specific states I have to achieve) and the way to get them, ie strategy.
Here is a new case study by EDAG Engineering that demonstrates how competence and enthusiasm hand in hand can speed up the process of design and preparation of new product from the very beginning to the production of 10,000 a day. The creative…
A SWOT analysis represents a frequently used method to create a strategy. These days, not only marketing workers but also managers are supposed to be familiar with that. The analysis helps to assess the current condition…
There are many changes and they have to be made into the reality. Now the question is: How to make it happen quickly and cheaply while paying heed to all the contingencies? It indeed is a very demanding process, especially if the change concerns a…
On the top levels of management, particularly when medium-term and long-term strategic documents are being elaborated, information acquired through modern analytical methods is required ever more increasingly. These methods do not only work with…
Most entrepreneurs begin their career with an idea that they think they can make enough money on. Such an idea is, initially, of the essence, but does every entrepreneur have a similar idea (or vision) up the sleeve for the coming years? How to…
