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The term strategy was derived from the Greek word “strategos” which means ‘general’.
The concept of strategy was originally used in military science and art, where it implies
“the art of the general to improve the probability of winning a war”.
Chandler (1962) defines strategy as the determination of the basic long term goals and
objectives of an enterprise, and the adoption of courses of action and the allocation of
resources to carry out these goals.
An understanding of Edysyl product-mix will reveal that there are different levels of
product cycles. Hence it is a multi-dimensional process which demands an inter-
disciplinary attack.
MARKET DEVELOPMENT: We should strive to enter into new markets and get our
products appeal to the customers. We need to prospect for more customers in Akwa Ibom,
Minna, Kaduna, Cross River State, Abuja, Plateau States and other African countries like
Ghana, Cote de voire & South Africa, to develop new markets. We may not establish
branches there but we can advance ways of meeting their demands.
© Charles Agbo
July 2006.
ABANDONEMENT STRATEGY: Many products which refused to sell over the years
should be abandoned. They should not be imported again. Edysyl publications which
were not selling fast should not be reprinted again.
INTEGRATIVE GROWTH STRATEGIES: Edysyl with its broad capital base, nay
international connections should seek to control existing source of supply. We may use
bulk purchase or closing up to achieve that. Edysyl should also seek to control existing
shops that are strategically located in the industry. This could be achieved by concession
sales or partnership with the companies. If it is possible, we could even buy up such
shops or companies.
Managers should handle management policies as babies and ensure their full
implementation and practice by all and sundry. In this regard, managers must take the
position of role-modelers who should adopt leadership by precept.
© Charles Agbo
July 2006.
knowledge and periodical assessment should be instituted to boast the performance of the
workforce. Edysyl should be earmarked by our highly esteemed customers for hospitality
and excellent service delivery through the professional touch of the marketing team.
One hopes that with a judicious application of the above strategies, the soul-rending
bleating of low sales and in-activities in Edysyl would be a thing of the past.
© Charles Agbo
July 2006.