Developing a Strategy

Are you having problem meeting customer needs or implementing a marketing plan? Perhaps it’s time you constitute a strategy team within the marketing unit or ensure that the organization’s strategy team has representatives from the marketing unit. Whichever you decide will depend on available resources. The strategy team is responsible for developing and overseeing the..

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Conduct initial market research

’The aim of marketing is to know and understand the customer so well that the product or service sells itself’’ Peter Drucker, Professor and Father of Management Market research is the commercial equivalent of ‘’looking before you leap.’’ Having hit on your ‘’eureka idea’’, you cannot immediately rush to the marketplace to implement. You need..

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Create a goal-setting system

“If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes.''—Andrew Carnegie, steel industrialist Successful entrepreneurs are characterised by a high need for achievement. You can’t afford to be complacent and passive if you want to make a success of any entrepreneurial venture. Craft a vision..

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