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FAIS Compliance Report
Working Smart

By Lee Rossini

Planning is a crucial component of success for any small business. A well-thought-out plan can help a business navigate challenges, capitalise on opportunities, and achieve long-term goals. Prior to embarking on a strategic planning process, it is worth working through several of the planning tools available to enhance strategic decision-making. These tools assist in analysing external influences, identifying strengths and weaknesses, assessing competitive landscapes, aligning objectives, and fostering innovation, thereby ensuring comprehensive, goal-oriented business strategies. Each tool is suited to a different aspect of strategic analysis and decision-making.

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