A preoccupation with immediate issues can result in a small businesses losing sight of the importance of planning for long-term business goals and objectives. The first step in management refers to a ...

Strategies are actions a company's management takes to build revenues, improve productivity and increase profits. Strategy formulation involves making critical choices -- what products or services to ...

How to leverage the tension of opposing ideas to make smarter strategic decisions. Imagine you’re trying to solve a problem, but none of your options are all that great. You could just walk away. Or ...