One-page strategic plan: the case of Aarong company from Bangladesh

Author:

Sazonenka Yauheniya1,Towhid Yusuf Ibne2,Siemieniako Dariusz3

Affiliation:

1. Graduate of Higher School of Management and Business , Belarus State Economic University , Belarus

2. Graduate of Nothern University Bangladesh , Faculty of Business , Bangladesh

3. Bialystok University of Technology , Faculty of Engineering Management , Poland

Abstract

Abstract Strategic development and planning predetermine all the major fields of activities. Marketing activities are the key tool of communication with a company’s customers, suppliers and other stakeholders. Nowadays, short but informative presentation solutions are becoming more attractive and popular. Companies are using more visuals with a short text in their communication channels as well as in building strategies. One of the tools is the one-page strategic plan (OPSP). The research problem of the paper is how to develop a strategy in its compressed version for the organisation that can have a format which is easy-to-understand and communicate. The paper aims to propose the OPSP model for the Aarong company, which should include both the commercial and non-profit activities. As a research method, the case study of Aarong company was chosen, using the secondary data. The proposed OPSP for Aarong company clearly showed the connections of all key elements of a strategic plan. The practical implications of using the OPSP tool in the Aarong company are clearly visible in terms of synthesis of a complicated strategic plan and having an attractive form of the company strategy for the external communication.

Publisher

Walter de Gruyter GmbH

Subject

Management of Technology and Innovation,Industrial and Manufacturing Engineering,Strategy and Management,Management Information Systems

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