Foundational Business Review
The goal of this process is to ensure that the business is placed on a well-structured foundation to enable growth and sustainability. This process is a sequential process and consists of the following steps including the purpose of each:
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Development of a Business Model Canvas (BMC) for your business. Covering every aspect of your business regarding your main business partners, products and/or services; your clients and what makes you successful; marketing and what channels you are or should be using; expenses and revenue streams.
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The SWOT Analysis is extrapolated from the BMC and then rated based on strengths, weaknesses, opportunities, and threats. The SWOT Analysis is then further enhanced to change and improve and identify possible opportunities, threats, and risks.
- Next step will be to populate the Tactical Strategy Map on the following groupings namely Financial, Customer, Operations, Learning and Development. Develop key performance indicators for each strategy.
- The final step in the process is to identify the current state of processes and start with optimizing the business processes as has been identified.