Trend: smart grid

WHAT COULD MAKE AN ENERGY GRID ‘SMART’? Aren’t our current energy networks managed by information technology and able to distribute power in a smart way and as required (most of the time)? So far, most of our energy gets produced somewhere centrally...

Trend: urbanization

WILL URBANIZATION IMPACT YOUR BUSINESS PLANNING?   The latest news on population growth by Odometer (based on UN stats) informs that planet earth has reached 7 billion on October 31, 2011 is projected to reach 8 billion by 2025 is currently growing at a rate of...

May the 5 forces be with you

STRATEGIC PLANNING – COMPETITOR ANALYSIS – PORTER 5 FORCES MODEL One very effective way for evaluating the competitive situation of an industry is to use the 5 (or 7) forces screening of Michael Porter. He published his book 25 years ago and it became a...

Strategic planning – 3

CREATING A STRATEGY – INFORMATION COLLECTION Its a tedious process but the information is required for the next steps – can’t be avoided. Not having certain pieces of information results in guessing or including expectations based on guts feeling –...

Strategic Planning – 2

CREATING A STRATEGY – VISION & MISSION Below is a visualization of the strategy creation process. It starts with all participants of the creation process getting an aligned view on how the future will look like. As long as each individual has an own opinion,...