Business Planning Flashcards

1
Q

What is SWOT Analysis?

A

Matrix Showing the Strengths, Weaknesses, Opportunities and Threats of an organization

Used to identify objectives and show factors that are favorable and unfavorable to achieving them

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2
Q

What is PEST Analysis?

A

PEST Analysis (political, economic, social and technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market.

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3
Q

Arcadis Current Business Strategy?

A

Building a sustainable future – 2018-2020
Position us as the Design and Consultancy for Sustainable and resilient cities, smart infrastructural solutions and future-proof industries.
3 Pillars – People & Culture, Innovation & Growth, Focus & Performance
People - Create an environment where all our people can be at their best and we invest on them to build the workforce of the future. Living our Values to deliver sustainability ambitions
Innovation - advise and deliver sustainable solutions to our clients, digital innovation as the driver
Focus - Deliver client and project excellence through more focused, consistent and improved client selection and project delivery.

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4
Q

What is in a business plan?

A

Formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.

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5
Q

RICS business plan?

A

2018-21
“Global professional body fit for the 21st century shaping the built and natural environments”
• Influential Thought Leader
• Trusted by stakeholders and society
• RICS professional qualifications remain in demand
• Sustainable 21st century professional body

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6
Q

Current Market Conditions?

A
  • Deflationary pressure due to decrease in demand
  • Capacity lost since 2008 not been recovered
  • Output increased due to immigrant labour, but immigration from EU declined since 2016
  • Contractors and subcontrsctors small margins circa 3%
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7
Q

Difference between client objective and goal?

A

Goal is the overall outcome you wish to achieve and objectives are shorter term, measurable and defined, the method of reaching the goal

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