Belco’s strategic planning is a process that defines and executes a set of actions to achieve the organization’s short, medium, and long-term goals.

This is done through an analysis of the company’s internal and external environment to leverage opportunities and mitigate risks.

A strategic plan allows company executives to set objectives to fulfill the organization’s mission and achieve its vision. All businesses, regardless of size, need to work with a strategic map because, with a clear path, they can efficiently utilize resources and manage time effectively.

Do you want to increase sales in a recession economy?

The word “recession” is everywhere in the media, and the truth is that experts seem to agree that there will at least be a slowdown, and its effects are already being felt.

This potential economic recession presents an additional challenge when planning to increase sales, so a strategy must be developed. According to an SBI study, more than 70% of interviewed CEOs have a contingency plan for their businesses and have outlined actions within their companies to face what may happen by the end of 2022 and 2023.