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Quick Wins
Key Learning Outcomes Learn that a quick win can have a high impact on your business and can be implemented with relative ease. Train your team to be solution-driven and on the lookout for quick wins. Break large projects down into quick-win activities to increase your implementation and speed up progress. Avoid spending time on…
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SWOT Analysis
Key Learning Outcomes Learn that a SWOT analysis will identify the strengths, weaknesses, opportunities and threats for your business. Understand that a SWOT analysis can be effective when looking at an entire business, a business unit, a project or your personal life. Perform a SWOT analysis to identify areas of opportunity out of your strengths…
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Work Plan
Key Learning Outcomes Recognise that a well-constructed work plan is the first step in turning ideas into action. Learn to build a work plan that outlines what is going to be done and how your goals are going to be achieved. Use the case study business to gather ideas on enhancing your work plan. Implement…
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80:20 Rule – The Pareto Principle
Key Learning Outcomes Learn about this well-known business principle, the Pareto principle, which originated in the 1800s and still has valuable applications in business today. Investigate why, for example, 20% of your wardrobe gets 80% of the wear or 80% of your productivity will come from 20% of your activities. Recognise that the key is…
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Goals and Objectives
Key Learning Outcomes Develop clear and well-defined goals to help you set the direction for your business and to ensure you and your team work towards a common purpose. Understand that when goal-setting, you can dare to dream big at the beginning as you can always fine tune goals during the planning process. Learn how…
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Competitive Analysis
Key Learning Outcomes Understand that a competitive analysis looks at your own business and your competition against a standard set of criteria. Recognise that valuable insights and opportunities can be identified through a competitive analysis. Learn how to objectively analyse the data and use it to gain a competitive advantage. Apply the Absolute Best template…
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Free Article – Introduction to Business Planning
Key Learning Outcomes Acknowledge Benjamin Franklin’s advice when he said “when you fail to prepare, you prepare to fail”. Understand that business planning is vital to your business’s ongoing success. Apply the Absolute Best step-by-step business planning process to put your business on the right path for the next 12 months, and beyond. Recognise that…