Business & Finance homework assistance| Business & Finance homework help
Strategic Planning Initiative
To help the organization prioritize and focus on key areas, as well as guide it towards increased efficiency and profitability, a strategic plan will be developed. The plan will cover all aspects of the company, including sales and marketing as well as finance. In order to continuously evaluate and improve our performance, we will be using data collection and analysis.
Initiative Discussed in the Organization’s Annual Report:
One initiative discussed in the organization’s annual report is implementing new technology solutions that can streamline operational processes such as inventory management or customer relationship management. The technology can improve efficiency while cutting costs. This is why we should invest in new technologies to gain competitive advantage over companies within the industry.