When I’m helping businesses develop strategic plans, I frequently talk about goals, strategies and tactics. The three are different things, but they’re also inter-related. In this article I’ll show you the difference between goals, strategies and tactics and explain why you need all three.
What are your goals?
In your business, you should have some goals. Sometimes [...]
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- Seth on the Hierarchy of Success Seth Godin had a great post yesterday that relates…
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I’ve been on holidays the past two weeks and this week I did a major clean out of my study / music room. I’ve tidied this room up a few times, but that usually results in piles being moved from one place to another. This time I decided to get a bit more ruthless, and [...]
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I’ve been preparing some marketing material for work and as part of it I did a competitor analysis.
I had a think about who my competitors are in the financial planning industry in Adelaide, and listed out the differences between their businesses and mine. I looked at things like pricing, service offers, how personal the service [...]
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Tags: analysis·business·Business Strategy·competitor
You may not have heard about switching costs before, but you’ve certainly experienced them. In this article I’ll explain what switching costs are and how they can help you retain clients.
What we learn from Apple
I have a Creative MP3 player, and I recently bought a Samsung player for my son. I bought my Creative a few [...]
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Tags: Accountant·Apple·client·cost·differentiate·iPod·iTunes·switching cost