Get the free GEB 4890: Business Strategy (crn #80163; 3 credits) - Florida Gulf ... - fgcu
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GET 4890: Business Strategy (CRN #80163; 3 credits) Course Syllabus Fall 2011 Instructor: Dr. Mary A. Rome Hamilton, MBA, Ph.D. Department: Department of Management, Luther College of Business (COB)
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First, analyze the current state of your business by conducting a thorough SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats).
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Conduct market research to gain a deep understanding of your target audience, competitors, and industry trends.
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Determine the resources and budget needed to implement your business strategy. Consider factors such as financial resources, human resources, and technology requirements.
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Implement your business strategy by executing the action plan and monitoring progress regularly. Make adjustments as needed based on performance and market changes.
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Continuously evaluate and measure the effectiveness of your business strategy. Use key performance indicators (KPIs) to track progress and make informed decisions for improvement.
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