
Global Business Development Framework Seven steps to successful identify and assess and launch new business fields
Business Frameworks are useful tools that help you analyze business issues and structure your thinking. Strategy consultants and business analysts often use these frameworks in order to clearly communicate their recommendations to their clients.
Strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. They can also be used to analyze business issues and develop strategies. And strategy consultants often use them to communicate their solutions to their clients. Business development framework summaryBusiness development framework summaryThe business development framework is a systematic process for developing the management of a business. It is not a process for managing the business, but rather a structure for guiding the management of the business. The business development framework addresses the following phases of business development: strategic planning, business planning, product development and marketing, and organizational development. OverviewThe framework consists of six basic steps:Define the market segment