CHAPTER 12

Cost-Effective Strategic Planning

So, we have spoken about the importance of understanding financial literacy, economic literacy, and the importance of these ideas to business management. Wrapping these topics up in a concise bundle to actually develop strategy, however, requires an adjustment of mindset and being open to new ideas. Thinking of developing strategy and executing it in a time-effective manner can be thought of like a sprint, where managing the business should be thought of as a marathon, requiring constant training and maintenance. Bringing together the ideas of financial literacy, economic literacy, and the importance of technology to properly develop and manage a business in a competitive environment. The idea of a ...

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