Business Strategies: Analyzing Performance, Sustainability Eval

This report outlines several key business strategies focused on enhancing performance and ensuring sustainability. It emphasizes the importance of a deep understanding of the business, client needs and demands, and the competitive landscape. Strategies discussed include gaining a better grasp of the business to facilitate efficient strategy making and effective handling of the organization, understanding client needs for better customer service and a competitive edge, and addressing client demands to improve policy making and maintain service quality. The report also highlights the necessity of understanding and surviving the competition to ensure successful business management and high profit. Building strong client relationships is presented as crucial for long-term success. References to various sources are provided, supporting the discussion on business process modeling, e-commerce impact on customer relationship management, supply chain simulation, and the influence of social distance in process modeling.

Strategies
1. Better Understanding of the business
2. Understanding the needs of the client
3. Understanding the demands of the clients
4. Understanding the competition
5. Surviving the competition
6. Building proper relationship with the clients

Better understanding of the
business
Better Understanding of the business helps in processing of the entire business in a more
efficient way. The benefits that are achieved by the having a better understanding of the project
are as follows: -
1. Having a grip over the business
2. Efficient strategy making
3. Better handling of the business organization

Grip over the business
This fact takes into consideration that the entire business is well governed and managed by the
higher authorities of the organization. This possessing of the grip over the business helps in
maintaining the proper efficiency of the business procurement of Woolworths Super market

Efficient strategy making
The aspect of making efficient strategy making helps the business organization to reach to great
heights and survive there for a long time. Efficient strategy making also helps in overcoming of
obstacles that the organization might face.

Understanding the needs of the
client
It is important to understand the need of the client for effective business process. it ensures the
following factors:
•Better understanding of the customer requirement
•Effective customer service
•Edge over the competitors
These facts will help the Woolworths Super market maintain a healthy customer relation which
effectively helps in better business process

Understanding the demands of
the clients
The demands of the client is an important aspect for any business as it helps in ensuring the
following factors:
•Better and effective policy making for customer satisfactions
•Maintenance of service and product quality approved by customer reviews
These factors are essential for smooth running of any business while maintaining client
engagement with the organization

Understanding the competition
Every organization irrespective of their business should recognize the competition in the market.
otherwise it is not possible to maintain the success of the business. hence it is an important
aspect of business which the Woolworths Super market should recognize for successful
business practice

Surviving the competition
Every successful business should not only understand the competition in the market , it is also
important to survive the competition. It will help the Woolworths Super market in the following
way:
•Successful business management
•High profit

Building proper relationship with the clients
No business or organization can survive in the market without strong client support. It is
important to build proper relation with the customer for higher success rate in the business. the
Woolworths Super market should recognize this factor in order to build proper relation with the
customer for better business management

References
Stavrou, V., Kandias, M., Karoulas, G. and Gritzalis, D., 2014, September. Business Process
Modeling for Insider threat monitoring and handling. In International Conference on Trust,
Privacy and Security in Digital Business (pp. 119-131). Springer, Cham.
Viljoen, M., 2012. The impact of e-commerce on customer relationship management in the
financial services industry.
Yoo, T., 2015. Supply chain simulation using business process modeling in service oriented
architecture. International Journal of Information Systems and Supply Chain Management
(IJISSCM), 8(4), pp.30-43.
Zimoch, M., Kolb, J. and Reichert, M., 2016. Considering social distance as an influence factor in
the process of process modeling. In Enterprise, Business-Process and Information Systems
Modeling (pp. 97-112). Springer, Cham.