Tag: corporate strategy

  • Business transformation

    Business transformation Business transformation refers to a comprehensive, strategic change in an organization’s processes, structures, technology, and/or culture to improve performance, adapt to market demands, and achieve sustainable growth. It typically involves revisiting business models and operations to boost efficiency, enhance customer satisfaction, drive innovation, or address challenges like digitalization or competition. This transformation may…

  • Key Performance Indicators

    Key Performance Indicators Key Performance Indicators (KPIs) are measurable metrics utilized by businesses to measure and monitor progress toward specific objectives. These indicators serve as yardsticks for success, illuminating areas of achievement and highlighting areas requiring attention and improvement. Selecting pertinent KPIs is crucial for businesses as it enables them to concentrate on the metrics…

  • Divesting

    Divesting Divesting is the strategic action undertaken by a company to sell off an asset, typically a non-core business unit, as part of its corporate strategy. This process stands in direct contrast to acquisition, as it involves the reduction rather than expansion of a company’s holdings. Sometimes, divestiture is referred to as an exit strategy,…

  • Corporate Governance

    Corporate Governance Corporate governance encompasses the framework and practices governing how companies are managed and the purposes they serve. It delineates an organization’s power structure, accountability mechanisms, and decision-making processes. Essentially, it comprises a set of tools enabling management and the board to operate an organization efficiently and effectively. Key components of corporate governance include…