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Strategy
Understanding
1) What is the strategy
2) Why is it so important for companies
Watch following videos to understand strategy:
Now you should understand what is strategy and why it is crucial for business.
Mission and Vision
Mission and Vision are the basic DNA of every company, so what they actually are?
Watch the following videos to understand Mission and Vision
Now you understand the Mission and Vision.
Analytical phase
Since you already know what the mission and vision of your company are and you understand the term strategy, now you should observe how well are you prepared for achieving your vision. This is called the analytical phase and you need to do (and get the information and comprehend the message) several of them. You need to observe your company and its surroundings, both micro and macro.
Watch the following videos to understand
So now you understand SWOT,
Strategy Map
What is a strategy map and why it is useful?
A strategy map is a tool for the visualization of your strategic plan. It is derived from and based upon your strategy, which is derived from your mission and vision- see how it all is linked together.
Now how to build a good strategy map? Watch the videos.
Now you understand what the Strategy Map is and how it is useful.
Balanced scorecard
Watch Bernard Marr explaining what the BSC is.
Now you know BSC.