Can you predict the future? Using simple scenarios to plan your business
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In this short webinar, Russell Cummings illustrates a simple technique for using different scenarios to test and challenge your planning.
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This document introduces key concepts about strategy, including:
1) Strategy involves analyzing a firm's current situation, envisioning its future direction, and crafting an action plan to get there.
2) Strategy is about how a firm will outcompete rivals by responding to market conditions, managing business functions, and improving performance.
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A pattern of major objectives, goals, essential policies and plans that define the current or future firm’s business and the kind of company the firm is now or is to become
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https://www.manager.it/default.asp?page=A_vantcomp.html&folder=f_topimp
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There are several types of business strategies:
Integration involves expanding operations through mergers or acquisitions to increase market power. Intensive strategies focus on improving existing products through activities like market penetration, product development, and market development. Diversification grows the business through entering new product lines or markets, which can be related or unrelated. Defensive strategies aim to maintain market leadership by fighting off competitors. Common strategies include joint ventures, divestitures, and liquidation.
JohnS
Michael C. Fina is a leading employee recognition company that provides rewards and incentive programs to enhance performance at Fortune 500 companies. The company believes celebrating employee actions and milestones through rewards reinforces behaviors that improve business outcomes. As a Senior Pricing Analyst, the individual's responsibilities included partnering with executives on contract pricing, managing the pricing process, and ensuring pricing strategies aligned with growth objectives. Administrative duties involved ordering marketing materials, managing department stock, and generating weekly reports. The individual brings over a decade of experience in contract management, pricing analysis, and an educational background of a Bachelor's degree in Business Administration.
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The document explains the four types of future tenses in English: simple future, future continuous, future perfect, and future perfect continuous. For each tense, it provides the formula for positive, negative, and interrogative forms. Examples are given to illustrate the use of each tense. The simple future tense expresses actions that will happen in the future. The future continuous tense expresses actions that will be ongoing at a specific time in the future. The future perfect tense expresses actions that will be completed before another specified time in the future. The future perfect continuous tense expresses actions that will be ongoing up until another specified time in the future.
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1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
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Can you predict the future? Using simple scenarios to plan your business
- 1. Can You Predict the Future? Using Simple Scenarios to Plan Your Business Russell Cummings Strategic Business Development January 2014
- 2. What is “Scenario Planning?”
- 3. Scenario Planning – Mindshop 5 Step Process
- 5. Trend Analysis • Mindmap key trends in your market or that will affect your business using PESTEL to trigger ideas • Perform a Pareto Analysis on the trends. Mindmap to identify the two trends with the biggest impact
- 6. Exercise – Developing the Scenarios • Use two key trends as the axis to provide 4 different scenarios with specific traits • Brand the scenarios relevant to the attributes High A$ Low A$ Good Poor Seasonal Seasonal Conditions ConditionsExport Opportunities • Downward price pressure • Good product quality • Less import pressure • Export opportunities • Increased supply Oversupply • Increased product supply • Pressure from imports • Export challenges • Downward price pressure • Good general product quality Import Challenges • Reduced supply • Variable quality • Big export challenges • Imports very competitive • Strong downward price pressure Adding Value • Lower supply volumes • General quality issues • Export opportunities • Value-add • Good price opportunities for quality
- 7. Here is an example of the future of e-learning
- 8. Testing the Scenarios Test key strategies of the plan against each of the 4 scenarios Strategies Scenarios Oversupply Import Challenges Export Opportunities Adding Value Explore growth in new markets Focus on secure opportunities only Focus on existing markets Investigate new export markets Investigate new export markets Develop new product lines Investigate products around “uber-quality” Investigate value-add products that utilise low quality product Investigate export products for “uber- quality” Value-add to low quality product Leadership Training for Emerging Managers Focus heavily on customer service and adapted sales Focus on adapted sales, customer service and team coaching Focus on sales, product marketing, coaching of the team Focus on sales, coaching and product marketing Improve our systems Focus on systems that will eliminate costs Focus on systems that will eliminate costs and improve customer service Focus on systems to improve customer service and sales Focus on systems to improve customer service and sales
- 9. Scenario Planning – Mindshop 5 Step Process
- 10. Russell Cummings Business Consultant M: +61 414 929 585 W: www.sbdbusiness.com.au E: russell@sbdbusiness.com.au Questions?
- 11. Russell Cummings Business Consultant M: +61 414 929 585 W: www.sbdbusiness.com.au E: russell@sbdbusiness.com.au “Subscribe” For general business information: www.sbdbusiness.com.au For Horticulture-specific business information: www.horticulture-nextgeneration.com.au