Business Planning

Question 1

What is your Firm’s Mission Statement?

Answer 1

• Savills has a “Vision Statement”:
• “Our vision is to be the real estate adviser of choice in the markets we serve. We do not wish to be the biggest, just the best (as judged by our clients)”

Question 2

Anything else?

Answer 2

We additionally have 4 key corporate governance objective “P-I-P-E”:
1. To Take Pride in Everything We Do
2. We Always Act With Integrity
3. Help our people achieve their full Potential
4. We Take an Entrepreneurial Approach

Question 3

How have you participated in business planning?

Answer 3

A key business goal of Savills is to increase our client base. I have helped prepare and attended pitches in preparation for this.

Question 4

Why is business planning important?

Answer 4

Ensures that strategy is being correctly implemented
Allows a team / business to focus on the necessary steps to achieve their goals

Question 5

What should a business plan include?

Answer 5

• A budget ensure correct allocation of resources and expenditure
• Strategic goals
• Analysis of opportunities and risks
• Resources required to service clients
• Business description
• Market strategies