Empiraa is the strategic execution tool designed for the development of a dynamic and collaborative environment for you and your business. But mapping out your strategy is vital to its success. Here are 8 strategic planning tools to help you do just that. Developing a sound strategy is something every organisation strives to achieve, with […]
There are 3 steps to prioritising projects for strategic success. In fact, it’s actually a strategic decision and whether you prioritise your projects effectively depends on two things: the clarity of your strategic intent and the accuracy of the expected value generated by each project. If you can understand how to achieve these two, then […]
6 strategies to drive your growth and your business strategy – and watch it succeed! After all, starting a business is one thing – growing it and watching it go from strength to strength is a whole other level of operations. Whether you’re launching the newest and most promising of startups, have bought a franchise […]
Spend any time working in business and there is one phrase that you will certainly hear – innovate or die.
While creating true innovation is often likened to capturing lightning in a bottle, there are actually ways that the process can be considered, managed and adapted to ensure your organisation’s continued growth and success.
First, consider and choose your competitive space, thinking about the services and products that customers need, the sector you want to break in to and the companies already in that area. Competitive sectors can be immature or mature depending on the nature of the space and what is being sold or provided, and this can determine your strategic approach. An example here – when Uber began in 2009, the ride-sharing industry was practically non-existent with few competitors, factors that drove their strategic approach and decision making processes.
Our previous blog post explored five interlinked questions to help you develop your strategy and lead all aspects of the strategy-making process. The five interlinked questions, which cascade logically from the first to the last, and that drive your strategy-making decisions are: What are our broad aspirations for our organisation and the concrete goals against […]
Businesses can sometimes – unknowingly – make the mistake of making their strategy harder than it has to be. Whether it’s too broad, focusing on conceptual, future-oriented, big picture stuff or too narrow, getting caught up in the minutiae and intricate details that bog the strategy down, understanding how to strike the right balance is […]
What is a successful strategy? It’s actually quite a common question and understanding not only what strategy is but what an effective one can do for you and your business is absolutely necessary for the growth and success of your organisation. Strategy is a plan of action designed to achieve a specific goal. In business, […]
Tracking key performance indicators (KPIs) is a valuable way to measure your organisation’s successes. By understanding which KPIs are important to your business, you can track progress and make necessary changes to improve key areas. There are a few different ways to measure business success, but key performance indicators are often used as they provide […]
Objectives and key results (OKRs) is a goal-setting methodology that can help your team set and track measurable goals.
OKRs can be used in a variety of businesses and organisations, from small startups to large corporations, but the key to successful OKRs is to set goals that are specific, measurable, achievable, relevant, and time-bound (SMART).
A vision statement is crucial to any business that wishes to succeed. No matter what metrics your success may be measured on, a successful vision statement is something that can drive your team to achieve the goals and objectives that you set. But what makes a vision statement successful? The first step to creating a […]