Organizations seek to continuously monitor and adapt to internal and external environments in a rapidly changing business environment to sustain competitiveness. Here, the TOWS Matrix/ TOWS strategy is one of the strategic tools to analyze the situation. The SWOT framework, TOWS analysis, is concerned with strategies concerning turning threats and opportunities into action. The article…
Today’s market is highly competitive, and it needs more than just the ordinary techniques of selling to be out front. Companies must continue innovating and creating sales initiatives to drive growth and improve performance. Sales initiatives that are well-planned will have the effect of re-energizing your sales team, firming up your relationships with your customer…
Human Resource planning, is important to ensure that an organization has the right number of employees with the right skills at the right time. Effective HR planning will align staff with the business’s goals, leading down the continuing pathway of organizational growth. This article will define the HR Planning process, debate how the goals should…
The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic planning tool that businesses use to help in developing their product and market growth strategy. It was invented by Igor Ansoff in 1957. It provides the framework that is necessary for identifying growth opportunities by matching up existing and new products against…
PESTLE analysis is one of the excellent tools that help businesses make an inseparable analysis of the external environment and all those forces or factors that can impact their strategy and operations. In simple, PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental Analysis. Here we will describe all the elements of PESTLE analysis…
Are you getting lost in external forces? Are you searching for SLEPT Analysis? yes, you are at the right place. External factors can affect your company planning at any time. So in this article, we will get knowledge about the SLEPT analysis and how it works. SLEPT analysis is a framework that identifies and evaluates…
