Address: Seyed Jamaluddin Asadabadi Street (Yousef Abad), between Alley 10 and 12 – No. 94 – 5th floor – Unit 18.
Email: info@sabamcg.com
Strategy development is the heart of effective business management. In strategy development, the current state of the business, the path to achieving set goals, the environment in which the business operates, and both macro and micro goals of the business are examined. Without a calculated approach to developing a strong strategy, a business will be vulnerable to various challenges on the road ahead.
A strategic plan, with a focus on resources, actions, and priorities directed toward a single goal, guides your business toward its long-term objectives. This plan creates a shared understanding of the business’s direction among managers, employees, and other stakeholders, ensuring that various parties align their efforts to achieve a desired outcome.
Strategy development is essential because it:
The business model refers to the plan a company has for generating profit. It outlines the products or services the business intends to sell, the target market, and the revenue and cost streams. This model is crucial for both new and emerging businesses. A business model helps companies attract capital, recruit talent, and optimize management while motivating employees.
Businesses must regularly update their business model; otherwise, they will struggle to anticipate upcoming trends and challenges. Business models also assist investors in evaluating companies they are interested in, and they allow employees to foresee the future of the organization they work for.
Decision-Making and Problem Solving Training Course – Rubina
Modern management methodologies are often based on a simple principle: improving efficiency by eliminating waste. Unlike traditional management methods, such as the waterfall project management approach, which dictates a project plan set by the project manager, modern methodologies focus on reducing tasks and activities that do not provide real value. The use of these methodologies ensures that all members of the organization can work together efficiently. Implementing modern management methodologies helps organizations: waste less time, reduce costs, and improve the quality of work.
Innovation plays a crucial role in the development of businesses by creating added value for their performance. Innovation can be pursued through meeting new customer needs or fulfilling existing needs with distinct approaches. Experts believe that in today’s world, which is increasingly volatile, innovation can serve as a valuable competitive leverage for organizations.
The capacity for innovation is one of the most important factors determining an organization’s performance. When organizational innovation is discussed, it is often expected that its results will manifest as changes within the organization. These changes are typically reflected in work processes, governance structures, or external interactions. However, it should be noted that there are differences between innovation and organizational change. The main difference between organizational innovation and organizational change lies in the implementation of a previously unused organizational method within the company.
Organizational innovation is a challenging task that depends on many factors such as company strategy, organizational culture, and the market environment in which the organization operates. Organizational innovation is closely tied to product or process innovation. New products often require new production processes, and these processes demand the creation of new organizational structures. Another important feature of organizational innovation is its social dimension, as it influences organizational culture and engages employees in the process of participation.
Marketing and Sales Event
Growth and development are the concerns of all companies. Now, how should this growth, scaling, or scalability be done, and with what considerations? Why do some organizations fail to deliver balanced performance as they grow?
Therefore, it’s better to assess how scalable your business is and identify the areas and opportunities to scale it.
Based on the scalability assessment, you will need innovation in three areas:
Innovation in Business Using the Business Model Canvas
Use the Lightning Scaling Canvas to determine how scalable your business is and identify areas and opportunities to increase its scale.
Innovation in Strategy with Strategic Alternatives Gathering
Evaluate the future status of your company. Which strategy, if successfully implemented, will create the most potential for scaling?
Managerial Innovation
Determine which stage of scaling you are in. What is the appropriate leadership style for each stage? How do you empower yourself and managers and experts in dealing with growth and this significant change?
Saba, focusing on the development of individuals and organizational mechanisms, helps its clients move from good to great and experience self-actualization and sustainable growth in their professional and organizational journey.
Address: Seyed Jamaluddin Asadabadi Street (Yousef Abad), between Alley 10 and 12 – No. 94 – 5th floor – Unit 18.
Company Phone: +98 (21) 88480561
