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Building a Strategic Framework for Your Business
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[QUOTE="Holicent, post: 275985, member: 76163"] [FONT=Verdana]A strategic framework is a set of principles, goals and objectives that guide the business in achieving its mission. It's a tool for helping you to understand your business and how it operates, so you can make decisions about your strategy. A strategic framework should be simple and easy to understand. It should also be broad enough to encompass all aspects of the business, including its products, services, customers and employees. Building a strategic framework is essential for any business. It's the first step in building a complete picture of your business, and it gives you a clear understanding of how each part of your business contributes to the overall picture. A strategic framework will help you to understand where you are now, where you want to be, and what steps need to be taken in order to get there. A strategic framework will also help you take action on those steps by giving them a specific purpose and focus. [/FONT] [/QUOTE]
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