Business Strategy Development-Let the Process Begin

摘要

At this point, we're about half way through our business strategy course. Sorry, no spring break, but on the bright side, there's no midterm exam either. However, there will be a final exam, but not until after you've developed and implemented your business strategy-it's pass/fail. If your company is achieving above average returns, you've passed.rnNow, if you've been paying attention, you understand the need for a business strategy that gives your company a competitive advantage.This month, we'll discuss the process of how to formulate your own business strategy that will help your shop improve its performance in the highly competitive PCB manufacturing industry. However, before we start rolling up our sleeves to do the analysis required to develop your business strategy, there are several key concepts and items we need to go over.