Noel Davidson Phil Kildea Muireann Fitzmaurice BUSINESS STRATEGY Muireann Fitzmaurice.

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Presentation transcript:

Noel Davidson Phil Kildea Muireann Fitzmaurice

BUSINESS STRATEGY Muireann Fitzmaurice

COLLABORATION What to expect!

?

A business strategy is the means by which it sets out to achieve its desired ends (objectives). It can simply be described as a long-term business planning

“SOUND STRATEGY STARTS WITH HAVING THE RIGHT GOAL” MICHAEL E. PORTER

Ultimate Successful Business Created a list Core Ingredients

WHICH 1-3 ARE MOST IMPORTANT?

QED MODEL FOR SUCCESS

DEMAND QED MODEL FOR SUCCESS

€conomics DEMAND QED MODEL FOR SUCCESS

Qualified PLAN €conomics DEMAND QED MODEL FOR SUCCESS

Soooooooo what??!!!!!!

WE CAN USE THIS TO FOCUS ON 2 MOST CRITICAL PARTS OF BUSINESS STRATEGY

DEMANDDEMAND MARGINMARGIN

Examples? High Demand, Low Margin? Low Demand, High Margin? Low Demand, Low Margin? High Demand, High Margin?

DEMANDDEMAND MARGINMARGIN

DEMANDDEMAND MARGINMARGIN Where is your Business ?

DEMANDDEMAND MARGINMARGIN Where do you want it to be ?

DEMANDDEMAND MARGINMARGIN How can get there?

HOW CAN YOU INCREASE DEMAND?

SUMMARY STRATEGY WHERE ARE YOU NOW? WHERE DO YOU WANT BE? HOW ARE YOU GOING TO GET THERE!

What 3 things will you do now? 1) 2) 3) ACTION PLANNING

THANK YOU