How To Audit Your Business Strategy

business strategiesTurbulent times require a firm anchor point from which to lead your organization. Today’s business leaders demand speed and agility, require specialized skills, are engaged in the end-to-end customer life cycle, and expect technology to directly influence shareholder value—which may require a fundamental shift from traditional, centralized IT to a distributed thin IT,” in which technologists are embedded in business areas.business strategies

He used an example of retail department stores, where their theory of the business assumed that people who could afford to shop in department stores would do so. However, many shoppers abandoned department stores in favor of specialty retailers (often located outside of malls) when time became the primary factor in the shopping destination rather than income.

This step sounds easy but we find that companies are often so concerned about getting too narrow in their focus that they fail to become really clear about what they want to …