Digital transformation is the path that small and medium-sized enterprises must take in order to successfully adapt to the changes occurring in all sectors of the economy, find new business opportunities and enter new markets. Every branch of the economy has its own specificities and different development needs, which will necessarily be reflected in a different approach to strategic planning and digital transformation, which is its
inseparable part. What small and medium-sized enterprises in all branches of the economy have in common is the need to understand the business environment and competitors, and to manage company resources more efficiently. Only on the basis of analyses based on reliable data collected in real time will management be able to make strategic decisions about the company’s development directions.
How can a quality strategic plan be developed through analysis of resources, business environment and competition?
