Grand Strategy
MARKET DEVELOPMENTMarketing existing products to relevant clients, by boosting distribution channels, in addition to advancing the contents of advertisement and promotion. |
PRODUCT DEVELOPMENTImproving existing products substantially, besides creating or offering new but related products, marketed to current clients through established channels. |
INNOVATIONInvolving innovation in the various managerial and operational practices, to deliver higher value to all related stakeholders. |
GROWTHAccessing market needs, enhancing knowledge of clients’ behavior, and improving effectiveness of promotion. |
CONCENTRIC DIVERSIFICATIONDeparting from the existing base of operations, by acquiring a separate business with synergetic possibilities; counterbalancing the strengths and weaknesses of the two businesses. |