Data Driven Decisions, which are the result of
analytical or critical thinking, will form your dynamic and constantly updated Strategic Plan. While extracts from this strategic plan are used, in detail or summary,
to produce; the Prospectus to attract investors and equity funds, the Business
Plan to present to lenders and to justify the projected level of debt
financing, the Quarterly Reports to regulators and the Annual Reports to all
stakeholders. Decisions made to address each relevant issue, with professional guidance
as detailed in the theory section of the corresponding module(s) in the Business Direct program, will strengthen
your Startup or Transformation Idea and map your Business Model’s
success.
The first or most recent confidential strategic plan, combines and links both historical and new, internal
and external data on every issue, and grades, past decisions for effectiveness.
While, constantly adding newly captured data, such as; countries, sectors and industries
Economic Indicators and Competitive Intelligence, flows into the Data
Management system, which updates records as Process Information in a
document library. Further, using all currently stored information, to produce Actionable
Intelligence, which is used to process; structure, implement and assess, with equal
importance, detail decisions on and about; The
Market, The Product, The Funds and The Resources, and should be easily accessed through your Business Dashboard.
The Data Management system is
designed to capture externally obtained facts from both Public and Private
Sources. Current Affairs; from reputable news outlets and journalist
reports, Historical Storage; from libraries and archives, and New Research;
from statistics agencies and opinion polls, are filed as public sources. While,
private sources must consist of Calculated Viabilities; using competitive
analysis and pricing strategies, Reward based Inducements; from pragmatists and
leakers, and Confidentiality Breaches; piercing security clearance and personal
loyalty. Internal Sources would contain secured raw data from the Shareholders’
Registry, Board of Directors’ minutes and Executive Management Team files.
Whether this is in a large organization or in a small operation where, one
person has multiple roles.
Process Information applies analytical or critical thinking to the captured data and stores results in a document library. Historical Records are designed to
automatically note past circumstances and decisions, which led to implement
actions on any and all issues. Grading Decisions notes all decisions, actions and results on each particular
issue, graded (1-10, 1 being the best grade) by the Board of Directors, for
reference under similar circumstances, which will provide speed and efficiency
in the future decision-making process. New Data Captured is designed to store, link,
process and communicate all new data captured for immediate update use in
similar circumstances and again, speed up the future decision-making process.
Actionable Intelligence using
all currently stored information to implement
and grade decisions, communicating along the lines of the organizational chart
and constantly reviewing policies to benefit all stakeholders. Policy Implementation is designed to
present all currently approved policies and executive decisions on any and all
issues for implementation on that particular issue. The Organizational Chart is an internal communications map
designed to access sections of the strategic plan, reporting on implementation
progress and informing on decisions. This chart also controls access; to limited
or one section at the lower levels, and to multiple sections or full access at
the higher levels, of responsibility. Re-Examining
Policies to communicate all decisions and results, on any particular issue,
and must undergo frequent reviews of individual policies or re-examination of
the very Business Model by the Board of Directors, for future improvements and
increase efficiencies, by encouraging all stakeholders to participate in
seeking better results.
Rationale
T.A.J & Associates Company Limited
uses this occasion to comment on topics that have been covered, both academically
and by the mainstream media, to add its opinion and point out investment
opportunity, not to invoke any social action.
