0115 888 3220 
Specialists in Fractional IT Director Services for SME organisations 
enquiries@greengiantconsulting.co.uk 
Blog Articles 
Welcome to the Green Giant blog where we'll be sharing our insights and advice to help your business grow. 

Posts tagged “Business Strategy”

 
The world of business is often described as chaotic. This is, quite simply, due to the fact that you never truly know what is around the corner.  
 
With changes coming in thick and fast (sometimes on a daily basis), you have to develop the ability to respond to problems quickly and efficiently. As a result, many business owners often find themselves focused solely on the ‘now’ - dealing with present issues instead of putting plans in place that could allow them a steadier future. 
 
For any business, in any given field, effective communication is always of the utmost importance. 
 
The way you communicate with your prospective customer base is, of course, what the art of marketing is all about. It’s at the heart of your ability to sell the product or service you are offering, while simultaneously doing what you can to establish a long-standing and positive reputation for your company in the industry at large. 
 
Have you ever wondered why sometimes a project that sounded so promising, to begin with just fizzles out to nothing? 
 
Even projects with the potential to revolutionise the way a business runs can lose momentum and eventually linger incomplete. This loss of momentum is pretty common within organisations and can occur even when a project starts with high levels of engagement from all parties. 
As a result of the ongoing COVID-19 pandemic, there has been a big change for businesses of all sizes. There have been changes to methods of working, with the majority working remotely, and a number of activities that need to be coordinated and mobilised to fit the new way of working. The need to plan properly is key, but it can be a challenge to realign your projects with new ways of doing things. Some workforces might have limited capacity at the moment, and some areas of business will be refocused on other areas, in order to meet an increase in demand in a certain area. So what can be done to help? 
Effective risk management strategies will help you to identify the strengths of a project, as well as the weaknesses, opportunities with it, as well as threats or pressure points. By taking steps to plan for the unexpected, it means that you will be ready to respond as and when they come up. If you want a project to be a success, then you need to define just how you are going to handle any of the potential risks, so that you can spot, mitigate, and avoid any problems as and when you need to. Successful project management is all about being able to see the project as a whole, and knowing and understanding that risk management is something that is vital. The goals of a project and being able to achieve them depends on how well you plan and prepare. 
 
Your business is going to encounter change. Fact. No matter how well you plan things, your business will undergo changes, for better or for worse. As your business evolves, it will grow, lose people, gain new personalities, expand across new countries, and face hardships along the way. 
The only constant in life is change, so if you run a business or are starting a new one, you need to be prepared for it. 
 
 
 
If you run a small business, you will always be looking to cut costs somewhere. Within the first five years of a small business’ existence, many fail, while the ones who succeed often barely turn a profit. These are hard times for small business owners who struggle to make ends meet. If you know exactly what we’re talking about, then read on to find out how your small changes can add up to a big difference in expenditure. 
 
 
 
 
Many organisations and people within those organisations try to find the solution before they know the root of the problem. 
 
Before any solution can be found, understanding what the problems are is key to getting the right resolution that fixes that problem and brings efficiencies over the longer term. 
 
While it can be tempting to jump ahead, you really need to get to the root of the issue if your business is to flourish. 
 
 
 
 
 
 
The Coronavirus pandemic has caused businesses everywhere to pause and take a break from the days of business as usual. One significant change is that many more employees are working from home. You’ve also likely made modifications and adjustments to your processes and operations, which makes sense due to the shift in policies and restrictions put on companies. 
 
While you may be in a new routine and used to the new normal, you must consider how you’ll act and react once this is all over and the world is unpaused. There will be a lot of work to do, and you must be prepared to juggle these demands and meet the needs of your employees and customers. 
 
 
 
 
 
Whatever kind of changes your business might have gone through in recent times as a result of the coronavirus outbreak and subsequent lockdown, it is never too early to start thinking about how you are going to respond when the lockdown is lifted and the world unpauses. 
 
We don’t yet know if the lockdown will end suddenly or if there will be a staggered easing. However, it is important to plan for our business future - whatever that might be. 
 
But what will be required when the lockdown is lifted? In this article, we are going to take a look at some of the demands that you might have on your head as a Multi-Hatted Director (MHD). 
 
How can you ensure you meet all of these properly? 
 
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings