Question

Housing Policies focuses are :
1)improving accessability and affordability
2)quality housing for all
3)cohesive neighbourhood
4)improving coordination between housing development and transportation
5strengthening institutional relatiom
discuss the probable effect of the business strategies and financial performance of companies that are involved in the construction related business

Answer 1

Housing policies focus on all the five things that has been mentioned above.

Effect of strategies on the company’s financial performances:

The following strategies have an impact on the financial performance of the company:

• Creating measurable KPI’s: it is necessary to identify the key performance indicators that affect the business growth. Then most of the time & money can be dedicated on these indicators. By doing so can help in successfully achieving the goals of the company which includes the financial goals as well.
• Verification of revenue streams: it is necessary to identify the correct revenues streams that increase the business profitability. After identifying them it is also necessary to ensure that they are sustainable in the long run.
• Identifying the ideal customers: the first thing would be to identify the key customers by creating a detailed persona of them. This can be time consuming but going forward can help in stimulating the business growth.
• Making use of existing company data: Your existing company data already contains most of the answers you’re looking for to be able to solve key customer problems; it should therefore lend itself to your strategic decisions going forward. You can use the data from your key indicators and revenue streams to further personalize your growth plan, in order to better understand your business and audience types which in turn will lead to improved business growth.
• Personalization of approach: it is essential to use a personalized approach when marketing to the customers. Automation software can be used in an intuitive way in order to deliver the right message to the customers. A personal relationship with customers can also help in business growth thereby improving the financial performance.
• Evaluating the competition: this is important for any kind of business. It is always important to be unique when compared with our competitors to ensure our success.
• Focus on strengths: Identifying ways to grow your business doesn’t necessarily involve targeting your weakness – focusing on your strengths can often help to establish the best strategies going forward. Identify a unique strategy that supports these strengths and enables you to build upon them. When you take this approach, you’ll quickly come to realise that creating a growth strategy isn’t a one-size-fits-all process, so don’t fixate on your competitors too much. Adapt your plan to smooth out any personal weaknesses and enhance the strengths that will best support and satisfy your specific customers. Keep your customers coming back for more by tailoring your digital growth strategy to your value proposition every time, which satisfies their everyday wants and needs in a way that is completely unique to your business.