At Primacle we understand the importance of a sound corporate strategy to every business that truly desires to succeed. We are good at not just planning but also executing business strategy and we will help you by diligently working with you through every key step from strategic planning to implementation and ongoing sustainability.
What is Strategic Management?
Strategic Management is the ongoing planning, formulation, implementation, monitoring, assessment and continuous adjustment of all major projects, programs, processes, initiatives and activities that are necessary for an organization to achieve its goals and objectives. Strategic management is an iterative and repetitive practice because as the business environment changes, it is imperative that organizations re-assess their strategies and make changes where necessary in order to continue to guarantee success.
Our strategic management service starts with the formulation process where we carry out an environmental scan with youthe client, to understand the prevalent conditions in the industry in which you want to operate or are already operating. We then go through a Goal Setting or Goals Review process with you, where we review your desired objectives alongside your available resources and your internal operations environment. This enables us to match your desires and ambitions to current realities and capabilities: and through an analytic process ultimately arrive at a final set of goals and strategic objectives with clear timeframes, high level activities, enabling resources and numeric deliverables. From this process, we then create an implementation plan and work with you through every step of the plan, putting in place monitoring frameworks and organizing and facilitating implementation review sessions at each key milestone, identifying critical successes, major setbacks and necessary changes or interventions required to keep the strategy on track until fully implemented and all desired objectives achieved.
Our strategic management service is typically not shorter that 8 months at the minimum but can be configured and delivered to suit your peculiar requirement and help your business/organization achieve its goals and objectives in the short-term, medium term and long term.
Targeted Strategy Development
In situations where the client does not want to subscribe to a fullStrategic Management service, our strategy development service helps the client’s business/organization to take innovative perspectives to meet specific goals and objectives in specific parts of its ecosystem, its market, or its internal value chain. We offer this service by engaging in a collaborative and iterative process to get a full understanding of the customer’s needs over a period of not less than 3 months. Based on our findings we then create breakthrough concepts and solutions, which we hand over to the client in form of a comprehensive implementation plan. Some key elements covered in the Targeted Strategy Development service includes:
- Overall Strategy Review (Independent Critique, Diagnostics & Recommendations)
- Go-to-Market Strategy
- Market Entry Strategy
- Business Operations Strategy
- Technology Strategy
- Corporate Strategy (Stakeholder Management)
Strategic Research & Market Intelligence
At Primacle we’ll provide you with insights and business data interpretation that will help you unlock business performance organically, uncovering ways to shape to new changes and new ways of working. Our strategic research, analysis, and market intelligence provides our clients with the necessary information and tools to gain vitalinsight into market forces, key players within the industry, and evolving trends. We know there is power in solid end to end business performance information, and we are committed to providing our clients with accurate external market research as well as internal value chain performance analytics that will facilitate effective decision-making. This process involves:
- Surveys
- Market Research & Investigation
- Competitors Analysis
- Industry/Market Analysis.
- Internal Value Chain Performance Analysis
Our Approach To Execution of our Business Strategy Services
Our highly experienced team of professionals with over 80 years of collective experience will beonhand both physically and remotely (as the client may require) to help throughout the entire Strategic Planning & Execution process, starting from Scanning, Formulation, Implementation and Modification. You have the aim/purpose, we will provide the push. Our experience with Nigerian and African businesses qualifies us and uniquely positions us to help your businesses to meet its most desired strategic outcomes.