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3 strategies and tactics for Economist

What is Economist strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Economist strategy can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

Copy these examples into your preferred tool, or utilize Tability to ensure you remain accountable.

How to write your own Economist strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Economist strategy examples

You will find in the next section many different Economist tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for understanding the business model, barriers, and client targets in line with the economy of functionality and cooperation

  • ⛳️ Strategy 1: Conduct comprehensive market research

    • Identify existing market trends and demands within the economy of functionality and cooperation
    • Analyse competing businesses that leverage similar economic models
    • Survey clients to understand their needs and preferences related to functionality and cooperation
    • Examine internal data to identify current strengths and weaknesses
    • Assess external opportunities and threats in the market
    • Compile data into an actionable insights report
    • Review the insights report with key stakeholders
    • Develop hypotheses on potential strategic adjustments
    • Test these hypotheses through limited pilot programmes
    • Adjust the strategy based on pilot feedback

  • ⛳️ Strategy 2: Redefine the business model

    • Evaluate the current business model for alignment with functionality and cooperation principles
    • Identify areas within the current model that need enhancement
    • Engage with economists specialising in functional economies for insights
    • Brainstorm innovative revenue streams and value propositions
    • Map out a new business model framework
    • Discuss the new framework with senior management and key stakeholders
    • Secure buy-in and support for changes from all levels of the organisation
    • Develop an implementation roadmap with timelines and key performance indicators
    • Conduct staff training sessions on the new business model
    • Monitor and adjust the model based on real-time feedback and results

  • ⛳️ Strategy 3: Target and engage a new client base

    • Define ideal client profiles based on functional economy principles
    • Create targeted marketing campaigns focused on cooperation and value delivery
    • Leverage partnerships with organisations sharing similar values
    • Utilise social media and digital platforms to reach a broader audience
    • Host webinars and live events to educate potential clients
    • Offer introductory pricing or trial periods to entice new customers
    • Collect feedback from new clients to understand their pain points
    • Adjust marketing and service offerings based on feedback
    • Measure success through client acquisition and retention metrics
    • Refine client targeting continuously based on market and feedback analysis
market-researchclient-engagementeconomistmarketing-strategistmarketing-teamresearch-and-development-team
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Strategies and tactics for addressing economic policy challenges

  • ⛳️ Strategy 1: Boost short-term economic growth

    • Implement temporary tax reliefs for small businesses to stimulate economic activity
    • Increase public investment in infrastructure projects to create jobs and boost demand
    • Provide targeted stimulus packages to sectors most affected by economic downturns
    • Expand unemployment benefits temporarily to increase consumer spending
    • Reduce interest rates temporarily to encourage borrowing and investment
    • Introduce measures to stabilise financial markets and increase investor confidence
    • Facilitate retraining programs for workers in industries impacted by technological changes
    • Support export-oriented industries with incentives to increase foreign exchange earnings
    • Promote local content initiatives to reduce import dependence
    • Monitor economic indicators regularly to adjust policies as needed

  • ⛳️ Strategy 2: Strengthen long-term economic resilience

    • Invest in education and vocational training to improve workforce skills
    • Promote innovation and research development through grants and subsidies
    • Encourage sustainable and renewable energy projects to reduce dependency on fossil fuels
    • Implement comprehensive tax reforms to ensure a fair and efficient tax system
    • Develop and enforce regulations to improve corporate governance and transparency
    • Enhance international trade agreements to expand market access for local industries
    • Strengthen financial regulations to prevent future economic crises
    • Promote regional economic cooperation to leverage collective strengths
    • Implement urban planning and development strategies to accommodate population growth
    • Encourage savings and investment culture through financial literacy programs

  • ⛳️ Strategy 3: Maintain economic stability and balance trade-offs

    • Establish a balanced approach to fiscal policy to avoid excessive debt accumulation
    • Utilise monetary policy tools to keep inflation within target ranges
    • Regularly assess economic policies for potential unintended outcomes
    • Encourage a balanced distribution of economic growth across regions
    • Implement policies to reduce income inequality and promote social inclusion
    • Negotiate trade-offs between environmental protection and industrial growth
    • Promote dialogue between government, businesses, and communities for consensus-driven policies
    • Invest in technology to optimise public service delivery and reduce costs
    • Monitor global economic trends to adapt strategies accordingly
    • Foster public-private partnerships to leverage resources efficiently
economic-growthresiliencepolicymakerseconomistsfinance-teamtrade-negotiation-team
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Strategies and tactics for developing strategy and planning for the Frontier Research Division in economic and finance

  • ⛳️ Strategy 1: Enhance research capabilities

    • Recruit top-tier researchers and economists in the field
    • Invest in advanced research tools and databases
    • Establish partnerships with leading academic institutions
    • Provide ongoing training and development for research staff
    • Create a collaborative research culture within the division
    • Implement regular research reviews and quality assessments
    • Expand the research into emerging economic and finance issues
    • Encourage publication of research in top journals
    • Develop mentorship programmes for junior researchers
    • Allocate dedicated funding for innovative research projects

  • ⛳️ Strategy 2: Improve dissemination of research findings

    • Develop a comprehensive research dissemination plan
    • Create a dedicated website and blog for the division
    • Host regular webinars and conferences to present findings
    • Collaborate with media outlets for greater visibility
    • Produce and distribute research summaries and reports
    • Engage with policymakers to translate research into practice
    • Utilise social media platforms for wider outreach
    • Develop partnerships with industry stakeholders
    • Create informative and visually engaging infographics
    • Track and measure the impact of dissemination efforts

  • ⛳️ Strategy 3: Foster collaboration and partnership

    • Identify and approach potential research partners
    • Establish joint research initiatives with partner organisations
    • Develop frameworks for collaborative research projects
    • Share resources and expertise with partner institutions
    • Set up regular meetings and workshops with partners
    • Participate in international research networks and consortia
    • Create bilateral exchange programmes for researchers
    • Leverage partner networks to access new funding opportunities
    • Promote joint publications with partner researchers
    • Measure and report the outcomes of collaborative efforts
research-capabilitiesdisseminationresearchereconomistfrontier-research-divisionacademic-institutions
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How to track your Economist strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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