Dominick Borzomati's Articles in Strategic-Planning

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Base Strategies - Do You Know Yours? Do you know your base strategy; simple guidelines to help you define your competitive advantage. Vision / Mission – Fundamentals Vision and mission statement fundamentals. What they do and how they relate.The underpinning of every successful planning process is a clear concise Vision of the future; an organizations vision statement is a description of what things will look like at some time in the future. It details what the business aspires to become, to create and to ultimately achieve. The vision is a statement of Strategic Thinking – What Is It And Why Does It Matter! The best place to start this conversation is with a basic and simple definition of Strategic Thinking… It is the Owners / CEO’s VISION of what his or her company will look like in the future; it is the thought process that goes on in the head of that Owner / CEO and his key people; it is very much like Picture Painting, it is this picture that will drive the direction, nature and focus of the business. Do You Know What Your Strategy is? It is fundamental to all businesses that understanding your markets and customers allows for the development of effective strategies. Strategies that, when implemented will enable you to develop your competitive advantage. Simply put your competitive advantage is built upon your ability to exploit what it is that you do better then anyone else.

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