March 2020

Misconceptions about strategy

In the market economy, the term “strategy” is used frequently in the business field and appears with a lot of frequency on the mass media, social networks and in everyday life. However, strategy is not always clearly and accurately understood. A deep concept is not easy to understand, easy to understand is not profound. Below, …

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Why do small and medium enterprises in the manufacturing sector need to develop strategies?

In the economy of most countries, small and medium-sized enterprises occupy a very important position and role, considered as “engine of job creation”, as the engine of growth. With a small scale and simple organizational structure, these businesses can flexibly adapt to real changes in time. Germany, a country with a number of small and …

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6 principles for successful strategy implementation

Strategy implementation is the stage that plays a decisive role in the success of strategic management. Because vision and mission are not enough, an effective leader must concretize strategic intentions with concrete steps and actions. Furthermore, in fact, the steps and actions in the new rollout reflect the real strategy a business is pursuing. Therefore, …

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Restructuring business, new approach from system thinking

Restructuring or restructuring is an issue that many businesses are concerned about, not only because the restructuring is an urgent requirement for the Vietnamese economy in general and Vietnamese enterprises in particular, but the difficulties Towards, deadlock for restructured enterprises is a “headache” problem for the Government as well as for enterprises. The Strategic Leadership …

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