Strategic Solutions To Achieve Optimal Performance
Randall Walker Consulting (RWC) assists organisations to implement a sustainable competitive advantage and maximum team effectiveness.
A sound business plan and integrated marketing communications strategy ensures an all important market orientation as opposed to a product driven approach. Strategy is not a top down program, it is a holistic organisational program.
A strategy document is a living document that remains flexible. Success is often about working smarter, but not necessarily longer hours, and engaging in ongoing monitoring of your business.
80% of businesses fail within the first 5 years
27.6% of those fail within the first year
The most common reasons for a business failing are not market conditions or competitor activity, but rather; poor or inefficient management, a failure to plan and a neglect of marketing activity.
[Study conducted by Professor Williams, University of Newcastle]
Businesses that review financial reports monthly have a 79.7% survival rate, compared to a survival rate of only 36% for businesses that merely prepare and review financial reports at the end of the year.
[Williams, A Longitudinal Analysis of the Characteristics and Performance of Small Business in Australia]
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