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.
Having studied and reflected on country or countries
Economic Indicators; actual,
provisional and estimated changes year
on year. And having detailed and researched the essential and crucial Competitive Intelligence. Armed with your Startup or
Transformation Idea and understanding the constant need for both updated market
indicators and intelligence in designing your Business Model. Now you
must, familiarize yourself with the Common Factors in all business models
across all economic Sectors and Industries. The first or most recent confidential Strategic Plan, driven by
analytical thinking; data sorted into information and analyzed to produce
actionable intelligence, is used to process; structure, implement and assess,
with equal importance, decisions on and about; The Market, The Product,
The Funds and The Resources.
After examining Economic Indicators to understand the
country or countries, which are under consideration to locate productive operations,
and to select targeted markets. Investors of
personal or business time, skills or funds, next must engage in competitive
intelligence (CI). Defining, gathering, analyzing data into information and
testing, disseminating and distributing the resulting intelligence, on and about jobs, products,
suppliers, customers, competitors
and any aspect of the environment; geographical, political, cultural, civil society
and legal jurisdiction, is needed to support strategic decision-making. Such
intelligence is key in formulating the operation’s dynamic Strategic Plan,
which is used to produce fund raising extracts, such as; a Prospectus to
attract equity investors and a Business Plan to raise debt.
Before embarking
upon a career, a job, opening a business or investing funds, one should
understand the targeted country’s economy.
Gross Domestic Product (GDP)
is the monetary value of all the finished
goods and services produced within a country's borders in a specific time
period. GDP, revised and provisional estimates are commonly used to determine
the economic performance and standard of living of a whole country or region,
and to make international comparisons.
