Formulate a business plan
- Create systems.
“Identify where business opportunities doth lie and pursue endeavours yet untouched by others.“- Plan by product and invest for customers.
“Expend thy coin where it is due.“- Prioritize contribution to customers.
“Not by the count of coins. Oft times, the greatest profit cometh from a loss.“
“- Investment + Return = Profit” is correct.
“Cost + Profit = Sales” and “Sales – Cost = Profit” are incorrect.- Formulate a business plan.
“It ought mirror the cogitations of the governance.“
“Fostering kith, kin, and coin.“
Identify issues, organize them, and implement solutions.
- Extract issues from customer thoughts (VOC) through interviews.
- Identify key terms from the perspectives of finance, customers, and processes, and compile them into universally understandable themes.
- Continuously question from the customer’s perspective based on identified issues and common themes to provide insights for developing solutions.
Value creation strategy from the customer’s perspective.
- Product Value Element Strategy:
Develop strategies focusing on functionality, quality, design, brand image, price, and rarity, with a special emphasis on quality.
“The goal is a price of zero.“- Structure Value Element Strategy:
Formulate strategies based on delivery time, convenience, reliability, and rapid response.
“The goal is a time of zero.“
Refine SWOT strategy
- SWOT analysis -> Identify issues -> Plan SWOT strategy
Change strengths into further strengths.
Change weaknesses into strengths.
Change threats into opportunities.- Plan strategies for each product, labor cost, and asset.
- Set goals
- Create an action plan
My policy:
To observe, care for others, and strive to be considerate.
I am the sole one who could undertake such a task.