Monitor the business

Maintaining a business project requires its managers to be attentive to the multiple and diverse movements in the market in which they operate. There are some tools and processes that can help you in the arduous task of staying informed about the various economic indicators and studies that are being published.


The consultation of these information tools, whether directly or indirectly related to the business in question, is unavoidable for those who want a successful business project.

 

There are many tools that can help an entrepreneur in the management of his/her business project, namely the various Indicators and Economic Studies published by regulators, public bodies and other entities, which make known the reality of the market, suggesting the latest trends and allowing to establish a strong business strategy. See here the management support.

 

Entities such as the European Central Bank, the Bank of PortugalEuronext Lisbon, the Securities Market Commission and even Eurostat and the National Institute of Statistics, among many others, should be included in the "Favourites" list of a business manager.

 

The Gabinete de Estratégia e Estudos do Ministério da Economia (Office of Strategy and Studies of the Ministry of Economy) provide, on a daily basis, updated economic indicators, publications, studies and interactive maps that can help you in your business.

 

Benchmarking

Benchmarking is a method used by companies to improve their management, through continuous and systematic surveys, comparisons and analyses of practices, processes, products and services provided by other companies, usually recognized as representatives of best practices.


The process generates important information so that companies know different ways of dealing with similar situations and problems and, in this way, helps them improve their own work processes and determine best practices for a particular process or product.


Aware of the potential of benchmarking as a management support tool, IAPMEI provides entrepreneurs with a wide range of information on Benchmarking and Good Practices and through the Portuguese Benchmarking Index.