Ag Business Advisory business plans always begin with the end in mind. OKR framework is a goal-setting system used to align individual and team objectives with the overall goals of an organization. It involves setting specific, measurable, achievable, relevant, and time-bound (SMART) objectives, and tracking progress through key performance indicators (KPIs).
Take your SMART goals and build a strategic plan that outlines the steps needed to achieve them. Includes timelines, milestones, resources needed and KPIs to measure progress. The roadmap helps to ensure that objectives are achieved in a timely and efficient manner.
Identification and analysis of your agriculture/agri-business's Strengths, Weaknesses, Opportunities, and Threats. Evaluates the internal and external factors that can impact a business. Plan to leverage your strengths and opportunities, while mitigating your weaknesses and threats.
A macro economic assessment of a particular market or industry. Encompasses Political, Economic, Social, Technological, Environmental, and Legal factors.
Hone in on exactly how you add value and create a point of difference. This involves breaking down the company's operations into primary and support activities, and assessing how these activities contribute to the creation of value. The analysis helps agriculture businesses identify areas where they can improve efficiency, reduce costs, and differentiate from competitors.
Evaluate the competitive environment in which your agriculture business operates. To understand the competitive landscape and develop strategies to gain a competitive advantage, we consider Porter's Five Forces: the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitutes and the instil of competitive rivalry.
Dive deep into key elements of your business model. The business model canvas includes nine component: customer segments, value proposition, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. It helps your agriculture business to design and refine your business models.