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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Solutions » Articles » Integrated Growth Strategy
Integrated Growth Strategy  

Integrated Growth Strategy



 
 

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new CentriQS -15% OFF
Business management software
for small & midsize enterprises

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VIP Task Manager
Task management software
for teams & small offices
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All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

Play Demo

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

Each company faces challenge of selection between different marketing strategies of growth. There is a bunch of strategies called integrated growth strategies. Such a strategy is used when organization has a strong business, but it cannot use strategy of the concentrated growth, however at the same time the integrated growth does not contradict its long-term objectives. The company performs growth both by acquisition of the additional property, and by internal expansion. In both cases its position within a branch changes. There are following types of the strategies :

  • The strategy of backward vertical integration is directed to growth of the enterprise owing to acquisition or gaining of control over suppliers, and also owing to creation of the affiliated structures which are assigned to supply main business. Realization of such a long-term plan can yield favorable results owing to reduction of dependence on suppliers and prices instability of necessary for business accessories and materials.
  • Forward vertical integration strategy means growth of firm owing to acquisition or strengthening of influence on end users, it is favorable strategy if spectrum of intermediary services is very wide or when the firm cannot find intermediaries with sufficient level of work quality.
  • Diversified growth strategies are used if the organization cannot develop further within the current market with current product, within the scopes of certain branch.
Integrated Growth Strategy
The selection and elaboration of sufficient marketing strategy of growth is complicated process which requires collaboration of different business specialists. The special team management software can be used to facilitate and improve work performance. VIP Task Manager is groupware that allows managing business processes of the company, managing personnel, planning and assigning tasks, operations, sales plans etc. VIP Task Manager features following capabilities:
  • Tasks (sales plans, operations, business processes, procedures, jobs, etc.) planning, prioritizing, order setting, assignment to employees
  • Tasks reporting, tracking, filtering, grouping, sorting
  • Planning projects with a help of Task Tree mode
  • Creating of additional task attributes, formulas and custom workflows
  • Sending instant automatic notifications
  • Management access rights
  • Real-time collaboration of multiple users within one database
  • Documents, files, links sharing and management
  • Charts and reports building and printing

Read also a new article about process management - project management client-server software for Windows

     

All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

Play Demo

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

 
 
 
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