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How to get a lower rate on your home loanYou can save more than R220 000 if your rate is dropped from prime less 1% to prime less 2%, on a R500 000 loan, over 20 years. Here's how…..
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THE INSIDER:Bird brains take on the Telkom ADSL nerds
TELKOM ’s ADSL broadband service is expected to meet its match today in a contest with Winston, an 11-month-old homing pigeon with a memory card strapped to its leg. |
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Capitalism II: The return
Over the last 18 months, capitalism has taken quite a battering, and many a commentator has heralded its demise, some more gleefully than others.
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Technology news - Mobile operators agree to drop rates
The Independent Communications Authority of SA (ICASA) says mobile operators have agreed to drop the termination rates by the beginning of February 2010.
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Still not business as usual
Mining may have been lifted by the global recovery since early this year. Electricity output may have been lifted by a mining pickup. And leading indicators may have….
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Business Strategy Development
Having a business strategy means having a plan that you can turn to when challenges arise or you want to make changes in the business. Do any of the following ring a bell for your business?
· Things in the business are ticking over but stale. You need new ideas. · You’d like to grow the business but don’t know where to start. · Sales are down and profits with them. · Your sales people just don’t seem to be getting it right. · More and more competitors mean lower and lower margins. · You need to expand your market, but how? · Your advertising and marketing efforts are not showing results · Staff turnover is a real problem.
In order to develop your business strategy you need to stop your daily activities, take a step back, and look at the bigger picture of the business? Help from outside can make all the difference.
The solution
MBA offers a guided approach to developing a strategic plan and to making it an integral part of the management process. Key elements include:
· Establishing the planning team · Assessing the current situation · Setting strategic objectives · Working out a strategy that will deliver · Practical issues such as budgeting for change · Communicating the strategic plan to all whom it affects
Ongoing support is available to assist with implementation and employee development - key factors if the objectives of the strategy are to be reached.
Business strategy development is an ongoing process that provides the framework around which the business can grow, all the time responding to the environment in which it functions.
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