Development strategy of the company

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2018-03-26 02:54:07

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Often, managers of domestic companies direct all their efforts towards the solution of current tasks and focus only on the short term. And the issues of building plans for the future are beyond business enterprise.

Today is considered an achievement, if the Manager possesses such managerial tools as “brainstorming" build "tree of objectives” and the use of SWOT analysis. Formation of system of strategic planning of the company in the current operation is a necessity. In connection with the endless changes in the external environment only operational activities of management regarding the adaptation of the firm to modern realities, is not enough.

The company's Strategy – it's not just the algorithm doing business, but a set of assets and instruments, burdened by circumstances. To strengthen its competitive position, the enterprise just need to pay attention to strategies for the future at the professional level.

The company's development Strategy-development techniques, guided by which, in conjunction with formalized procedures, we construct a model for the future. Must be provided and the process of transition from the current state of the company for the proposed model.

The Whole complex of measures for the development and implementation of business development strategy, can be conditionally divided into the following stages:

- analysis of investment attractiveness of the industry in which the company operates;

- development scenario projected development of the same industry;

- forecasting changes in demand and supply on foreign and domestic markets;

- analyzing the strength of the business (company's competitive position in the industry);

- implementation financial evaluation of strategic alternatives with the subsequent formation of the future image of the company;

- the formation of a complex of measures on introduction of the developed strategy.

Development of the company's development strategy begins with the analysis of investment attractiveness of a particular sector. The process involves the following two stages of assessment:

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- the stage of the competition;

- level of intensity.

Key to this process is given detailed study and identifying the sources of competition, as well as the assessment of the competitive forces. For this is used was developed by Professor M. porter model of the driving forces of competition, which shows that the main influence on the level of intensity of the following have:

- enter the industry and new manufacturers.

the competition within industries;

pressure from suppliers to manufacturer and buyers from the manufacturer.

To important factors and can be attributed to government policy.

The company's development Strategy cannot be properly developed without an analysis of the competitive position of this company in the industry. To assess competitive position in the industry work, the company uses a SWOT analysis, whereby can be obtained a classification of factors of internal and external environment.

With the help of this tool may be formulated in the main list of actions of the enterprise to strengthen its position and further development.

And, of course, the strategy of the company has its core, represented by a set of works on development of measures aimed at improvement of work of the company with its subsequent development, while using huge range of formal procedures. Mandatory condition for the effectiveness of this stage – realistic image of the future of the company.


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Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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