Effectively Managing
On-line Resources Driving Change
The Top Topic!
Business Planning
Business Planning is used to develop a strategy, determine resources, establish budgets and communicate where the business is now, where it intends to go, and how it intends to get there. The Business Planning output is a Business Plan!
THE BUSINESS |
Describe the BUSINESS Describe the PRODUCTS and/or SERVICE |
BUSINESS STRATEGY |
Define the VISION and MISSION Carry out an INDUSTRY ANALYSIS Carry out a COMPETITIVE ANALYSIS Identify the STRATEGIC OPTIONS |
MARKETING PLANNING |
Define the TARGET MARKET Determine the MARKET POSITION Develop a MARKETING STRATEGY Develop the SALES STRATEGY Prepare the MARKETING PLAN |
OPERATIONAL PLANNING |
Prepare the MANAGEMENT and ORGANISATION plan Prepare the OPERATIONAL PLAN |
RISK MANAGEMENT |
Prepare the MILESTONE SCHEDULE |
FINANCIAL PLANNING |
Prepare FINANCIAL STATEMENTS Prepare the FINANCIAL PLAN Carry out RISK and CONTINGENCY Planning |
MONITORING AND REVIEW |
Prepare the business plan REVIEW schedule |
