Avoid These Common Strategic Planning Activities

When it comes to setting strategy, most companies do three things that are useless. These exercises may be familiar and reassuring, but you should not:

 • Wait until the annual strategy review to revisit your strategy. Competitors don't wait a year to attack, customers don't wait to shift their preferences, and new technology doesn't wait to change the game. Monitor the marketplace continuously, and keep your strategy choices aligned with it.  

• Put together a SWOT analysis to kick off the process. There is no such thing as a generic strength, weakness, opportunity, or threat. A strength is only a strength in specific contexts. Rather than trying to analyze these in advance, first figure out where you want to play and how you'll win.

 • Worry about a perfect mission statement right now. You can’t finalize your statement without choosing where to play and how to win. Start with a draft that you can revisit.

Source: Harvard Business School Publishing, an affiliate of Harvard Business School
 

NUTS AND BOLTS WEEKEND

Dear Friends...Lets All Meet At Nuts And Bolts, Al Falaj Hotel On 7th August 2014 At 09.30 PM And Have An Amazing Time...Great Food And Tipsy Drinks With Our Very Own DJ Will Get Us Going...Some Pool And Foosball To Look Out For....Cheers...

Ramadan Kareem - Iftar Celebrations

 Ramadan is the ninth month in the Islamic calendar. That doesn't mean September. This year, 2014, it will begin on June 28 and end July 28. 

Our Friend who are fasting in the holy month of Ramadan are organizing an Iftar party today in the evening. So lets come together and enjoy the snacks and with everyone "Ramadan Kareem"