strategic plan

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9 Crucial Things to Consider When Building a Business Strategy | Extraordinary Business

Apple and Amazon, the two trillion-dollar companies in the world, are known for their superb business strategies and how they tie their strategy to their vision. A well-thought-out strategy is the crux of every successful company. When you are building your business strategy, you need to consider a lot of crucial things. Let us take a closer look at 9 elements that should impact your business strategy.

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Heads up! | Extraordinary Business

How to get visible and get ahead in the marketplace

imageMany times when we think about Google, Microsoft, Intel, Wal-Mart, Apple and many other companies, we think about them as simply huge businesses and global brands.  Have you ever stopped to think about where they came from, and how they got there?

Granted, each business has its own, unique, story.  However, the common thread is that they started out as very small companies and worked their butts off to build something that changed the way the marketplace works. They didn’t start with tons of money, but were focused to build a product or prototype and take steps to continue to develop and grow their offerings and their business.

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Forward Thinking

Forward thinking or strategic thinking is the art of considering your decisions in light of what will happen or what you would like to happen in the foreseeable future.  It is not strategic planning, although, having a strategic plan will provide you with a framework, or general direction in all of your decision-making.  It is, rather, based on tactical or immediate decisions that have to be made, such as what to invest in, for example, a website.

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