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Modern Business Planning - "A Political cat amongst the pigeons" It
would seem that every national organisation we would look at is in
some form of disarray. But why do such abnormalities exist and
where is change possible where value is a focus of analysis? There
are other regulated industries such as the energy market which
operates in wonderment of us all but why and here again can the
system be changed? The government insists there are problems with
transparency yet HM Revenue and Customs would seem to access
company details? There are of course various reasons that give rise
to such deficiencies which are seen to be highly visible. Solutions
however are not readily accessible without further analysing
existing methods of business analysis. For the first time business
plans can now be expressed as competitive or passive which provides
more of a focus of evaluation. Passive plans incorporate more of a
focus of business objectives provided by individuals or
organisations not forming part of one's own company such as the
government or associated regulative authorities. Can such an
evaluation suggest that some of these organisations could be
defined in the same way as "Cowboy Traders"? The manner in which
politics can influence or has the potential to influence business
cannot be underestimated. The wars in Beirut and Kuwait are seen to
be typical examples. There is however other fundamental issues
where other nations pursue a different focus to those normally
acceptable within the UK which can be seen to be to the detriment
of us all. "Who is right and who is wrong"? Many examples are
provided that allow others to gauge how to accommodate the
Political cat amongst the pigeons.
On what basis do companies prepare their business plans? How do
they know that they are maximising their opportunities as well as
limiting their risks with their existing or planned resource base?
How can they plan revenue generation if the market mix does not
have a foundation in relation to macro environmental factors? The
intent of the book is to remove some of the complex specific
marketing criteria alluded to by text book authors. One can then
appreciate how a marketing plan can be used for the creation of a
business plan. Major benefits are associated with this title, these
are: - A. It provides a more simplified corporate management tool.
A subject that attracts limited text book coverage by marketing
strategy authors. A. It allows readers to gauge the importance of
their own positions within a company environment and the overall
impact their actions may have. A. It is most useful as tool to
gauge more effectively training requirements within a given company
environment. A. It is of paramount importance for SME's who may not
employ a sales person. A. Last but not least is the importance
placed upon research journal authors to limit their "Micro"
environmental focus and to concentrate more on "Macro"
environments. The book consists of a 10 stage marketing plan (see
page 32). Each stage has its own chapter that is both chronological
and iterative in terms of its impact upon a company's profit and
loss (P and L) statement. The company's P and L is that which
states the revenue one can expect to generate by way of the
business plans proposed by way of each marketing plan activity.
Added to this is cash flow and the manner in which is corresponds
directly with the P and L.
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