We at SC help and support organizations in developing the appropriate corporate strategies, review and evaluate existing ones (check for consistency, evaluate resources, analyze risks, examine timeline, assess work plans), and identify business enhancement opportunities.A corporate strategy is a long-term plan that outlines clear goals for a company. The plan consists of tasks that describe the company's mission. Objectives allow a company to record and measure its progress for employees to be able to track whether they've completed a goal. While goals may differ depending on a wide range of factors (business nature, stakeholder requirements, market conditions, etc.), the ultimate purpose of a corporate strategy is to improve the company.
Growth strategy
These strategies help grow a business in a given way. Growth strategies might include entering new markets, increasing or diversifying existing ones, or using forward or backward integration to take advantage of economies of scale.
Stability strategy
These strategies help consolidate an organization’s current position, with an eye towards creating a strategic environment which will provide greater flexibility for the future employment of growth or retrenchment strategies. Stability strategies are more conservative strategies, focused on preserving profit, reducing costs and investigating future strategic possibilities.
Retrenchment (Cost-Cutting) strategies
These strategies help architect the appropriate response to unprofitable or damaging elements of a business or organization. These might include the elimination or sale of unprofitable assets or product lines (divestiture).
