Do businesses need a strategy these days? ๐ธ๐ธ๐ธ
Do businesses need a strategy these days? ๐ธ๐ธ๐ธ
Our dear friends, we would like to remind you that the expertise and experience of our agency specialists allow us to successfully form brand strategies for our clients.
A professionally developed strategy can answer a number of the most important questions for business development, increase its recognition on the market, form the main goals and ways to achieve them
Creating an effective strategy must begin with understanding your audience, finding out where it can be found and how to influence it as effectively as possible.
The main tool used by our marketers and brandologists to work with the Customer is the strategic session ๐ฅ
If you want to give your product or service a new vector of development, contact us
Well, today we offer for your review an article by our CEO Olga Chhyrynska, in which she answers the question whether businesses still need a strategy in such a difficult time for all of us ๐ฐ
A year, two, five years ago, it was a period when businesses in Ukraine were actively engaged in planning and strategy, analyzed achievements and failures, and thought about changes or strengthening of various directions.
Do you know what questions I hear most often when I conduct marketing consultations and audits for various business areas?
“Olga, what’s the point of doing long-term planning this year?”
“Justify why we should spend our time and work on strategy if we don’t objectively understand what will happen tomorrow?”
I always explain and justify. And today I decided to write a post on this topic. I believe that it will be useful to many of you
Is it possible to make money without a strategy? Of course you can!
But when you do not have a clear understanding of where and why you are going, what you want to get from your business project (and from life in general) and what resources are needed for this, then as a result, there is an instant solution to tasks, spending money and nerves , and, most importantly, the absence of a development vector
And business should be thought out, clear and efficient. Otherwise, it’s self-employment or just survival
Strategy is not about dreams and unrealistic ambitions – it is your reference point, your guiding star to the business sky, which allows you to keep focus on key goals and to be aware of the steps and stages that are necessary for their achievement. In addition, it helps to avoid mistakes in resource planning, in marketing and in the formation of a competent team.
Strategy development helps to analyze and create all the conditions for buying your product/service, to effectively and ecologically recover from competitors, to adapt faster and more correctly in the ever-changing market.
Therefore, be sure to write your development plans and break them down into specific steps that must be taken to achieve the goal.
Yes, times are tough. And there are many factors of uncertainty. The business environment in Ukraine now generally resembles some kind of action. But entrepreneurs bravely go through all levels of difficulties and show the same miracles of indomitability and heroism as our valiant Armed Forces and all Ukrainians.
And you always need to remember that crises teach the best lessons for companies, change market leaders and the balance of forces in many areas ๐ฏ
Difficulties will be followed by economic growth. Therefore, we do not stop, we continue our difficult path of moving forward and make every step as effective as possible, and for this we must make a development strategy
I hope that the next year will be many times more successful and stable. All businessmen who survive such difficult economic upheavals will become the golden fund of our Ukraine and one of the foundations of rapid economic development โ๏ธ”