Business Planning Flashcards
What are the corporate/strategic objectives of your firm?
1) produce trusted property valuations efficiently.
2) Deliver an excellent customer experience
3) Be a great place to work
How do you work towards these in your role?
Work in the most efficient manor, make things as simple and straightforward for our customers and ensure that we consistently deliver we promise, be inclusive to all colleagues and motivate other to make the VOA an enjoyable place to work.
What are some of the typical things you would find in a business plan?
Executive summary, company overview, industrial analysis, customer analysis, competitive analysis, market planning, operations plan, management team, financial plan
How can an up to date business plan help an organisation in the current economic climate?
Gives organisations the ability to lay out their goals and track their progress as their business begins to grow and to reduce risk of unforeseen issues such as an increase in interest rates on any borrowed capital.
How do you use networking to further your business planning skills?
If you are facing challenges in your business, your network may be able to provide you with advice, and visa versa.
Why is relationship building important for your role?
It improves employee morale and engagement. I understand that a long term relationship with clients can promote trust and result in further business and an increase positive reputation.
What is a SWAT/PEST analysis?