The business model and key strategies

How do we develop entrepreneurship.

• by teaching them business model building
• incorporating the models with the right strategies in the midst and to encounter competition.

1. The goal in business is to maximise return -   (ROE chart /  metrics in business)
2. However, the profit model simulation would determine the right business sizing and the cost parameters.
3. With benchmarking, gap analysis should identify the SWOT of the business. 
4. With target market determined, customers profiled, market positioning strategies are then formulated.
5. Winning strategies are defined as in key result areas with departmental metrics
6. Performance standards and indicators are established through benchmarking
7. Efficiency and innovation driven measures for continuous improvement
8. Goals and metrics are cascaded and coordinated to the lowest job holder
9. All strategies and changes are linked into a strategic map
10. summarize the above into a 7 step business plans
11. Has the goals been achieved?

Copyright :  Arriffin Mansor 012-2786282

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1. Clear understanding of the business profitability.
2. Market driven and targeted customers positioning
3. Understand product concepts
4. Learn basic business strategies
5. Understand efficient and effective performance measurement.
6. Competent in integrated and coordinated key functional strategies
7. A strong leadership to mobilize all resourcces

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