Practical sheet | REF: FIC1715 V1

What is strategic management?

Author: Jean-Pierre PAYRE

Publication date: November 10, 2021 | Lire en français

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7. Our advice

7.1 Present several hypotheses in your business plan

Use financial data ranging from reasonably optimistic to pessimistic. This will enable you to make your sponsors understand that the time factor may, for example, be longer than expected, thus avoiding surprises and postponing results or spreading them over a longer period.

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7.2 Communicate when restructuring or modifying an organization chart

This will ensure that employees are on board, and that they don't get in the way of the strategy's...

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