Strategy, Finance, and Innovation

November 8, 2010

What is Strategy?
Strategy is a set of action points and plans to maximise returns. It is important to plan to know what is the most profitable way and how it will be achieved.

What is Finance?
Finance is about management of money and assets and provision of funds to meet requirements and needs. It is important to know finance to be able to procure and manage money.

What is innovation?
Innovation is about improvisiong around constraints that are produced by both strategy and finance. It is important to be able to think new solutions because that is where the money is.

What is marketing?
Marketing is about creating perception of the stuff and communicating the value.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.