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What Strategic Planning Can Do For You | Free Book

The Australian Securities and Investments Commission released a report into corporate insolvencies that found 44 percent of businesses suffered poor strategic management, 40 percent had inadequate cash flow or high cash use and 33 percent suffered from trading losses.

Strategic planning allows you to:  

  • Monitor the direction of your business and steer it onto the best path for future growth and success.
  • Optimise performance, adapt to changing circumstances such as changes in technology, market expectations or the competitive environment, and plan for major events, both internal and external.
  • Regularly and consistently assess whether your business decisions are correct and optimised to meet your goals. 

 The benefits include: 

  • Clarity about the business direction
  • Better customer satisfaction and engagement, leading to sales growth
  • Optimised business value• Sustainability: improved work / lifestyle balance for owners or managers
  • Identification of new opportunities • Increased profits
  • Smooth exit and succession
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