Business: Strategic Planning
Date PostedArticle
Today Fueling Innovation With Collaborative Relationships
Innovation should be promoted across the entire organization. It is the quantifiable value of collaborative relationships that fuels innovation. Remember that it is not necessarily the best ideas that rise through the company's bureaucratic ranks and become market leading products and services, but rather the ideas backed by the most influential relationships in the organization.
Sep 5, 2010 Discounting During Peak Season
Great strategy? Or sheer folly? It's early spring.
Sep 4, 2010 Creating a "Healthier" Bottom Line
As a fitness and business coach I am ever reminded of the synergy between living a healthy lifestyle and creating a strong and thriving business. As I continue to raise the bar of my personal fitness goals I become stronger, healthier, and much more confident. When we live a healthy lifestyle we stand up straighter and walk with a gate of one who is truly successful.
Sep 4, 2010 How Revenue Sources Shape the Cultures of For-Profit, Non-Profit, and Government Organizations
Perhaps the single most important part of evaluating an organization's culture is gaining a clear understanding of the nature, viability, and sustainability of its revenue and funding streams, and the expectations and pressures that are exerted on the organization by customers, competitors, suppliers, regulators, taxpayers, and other forces in the external environment. This article discusses some important ways in which the revenue streams and differing governance structures of for-profit, non-profit, and government organizations powerfully shape and define organizational culture.
Sep 4, 2010 Strategic Core Values - 4 Effective Ways to Influence Human Behavior
So what are some strategic core values and effective ways to influence human behavior that can translate into money for your bank account? Although you may choose a business platform to perform strategic consulting or small business consulting, strategic marketing planning or simply providing small business advice, being able to implement the following 4 key core values will speak to the "human heart" that will place you well above your competition!
Sep 4, 2010 Is it Time to Review Your Strategic Plan?
During my seminars on strategic planning, I mention that in most cases, strategic planning should be a revolving 1-year process. That means that every year the senior leadership should accomplish the planning process and adjust as necessary. The exception is organizations in which senior leaders find themselves in a position where emergency actions must be taken to save the organization or maybe stay out of jail. In that case, a six month cycle is better time frame.
Sep 3, 2010 Stop Sweating a Business Plan - You Don't Need One!
Writing a business plan becomes a major stumbling block for many new entrepreneurs. They read all the articles, books, blogs, and other drivel about importance, formats, contents, "do this-don't do that" stuff, and then stress out about writing a business plan. For the great majority of small businesses, a formal business plan is not even necessary.
Sep 3, 2010 Follow Rockefeller Habits For a Successful Business Venture
It is a common notion that strategic planning is the key to most successful businesses. Once you have determined to create a strategic plan, decide on who should be in the group. This will depend on certain factors like: whose input is essential for the group, who is responsible for taking decision and so on. The more people you have, the stronger will be your verdict.
Sep 3, 2010 Balance Or the Big Bang?
I like to swing for the fence as much as anyone. For me, the key to winning with big change or innovation is to make the Big Shifts the exception rather than the rule. An exception that kicks into overdrive when the time and the opportunity is right, not as a standard business practice.
Sep 3, 2010 Understanding SWOT Weaknesses
Discover everything you ever wanted to know about SWOT Weaknesses, from how to identify your businesses weaknesses to a full list of the common weaknesses in today's businesses. This informative article will empower you to identify your weaknesses and will also save you time!
Sep 3, 2010 Causes Attributing to Strategy Failure
In view of recent turmoil in the financial sectors and its 'knock-on' effect on all business sectors, and the demise of many national blue chip companies in advanced countries such as the US and Europe, one fails but to wonder why mature business strategies fail to anticipate the credit crunch and its consequences. Judging by what the experts had to say, the fault is not in the strategy itself, but rather in the execution. David Norton, author and professor at Harvard Business School, indicated that 90% of all business strategies fail to live up to their potential in the...
Sep 3, 2010 Don't Overlook the Wealth of Intellectual Capital
"We're forced to close because the bank will not loan us the money we need." Phrases like this have been heard too many times the last several years, and yes, it's unfortunate, but here's my perspective: "Companies don't fail due to a lack of financial capital. They fail due to a lack of intellectual capital."
Sep 3, 2010 Recurring Revenue For Your Business
Some people suggest a business model that is based on recurring revenue is the ideal. In this article I'll discuss some recurring revenue models and the concept of value based pricing.
Sep 3, 2010 How to Step Out and Soar Amidst the Noise of Social Networking Today
There are five key ingredients to getting noticed in today's crowded virtual networking. Once you have these soundly in place, simply continue to mix with consistence and persistence for results that will have you leading the way and soaring above the din of those unable to defy gravity.
Sep 3, 2010 4 Ways We Kill Innovation
Yet when we separate innovation from our core business, set it apart as a unique process or proposition - we position innovation as "outside" our core business. We make innovation the exception rather than the rule, treat it as a point in time exercise rather than an integral part of the way we operate on a daily basis. Only when we embrace innovation as a conscious and continuous part of our daily actions can we reap the will rewards of innovation.
Sep 3, 2010 How to Devise a Transformational Strategy
One of the most important skills of today's business leaders is the ability to lead significant organizational change. As far as the business arena is concerned, companies are dealing with ever changing market conditions at a very fast pace, and their viability and survival are questioned at every point of their development.
Sep 3, 2010 BE DiFFERENT = Evolve and Distinguish
The road to sustainable competitive advantage has two routes, and one follows the other... Keep pace with the external environment. If the inside of an organization is changing SLOWER than the outside, the end is near.
Sep 3, 2010 2 Business Development Strategies to Make You More Money
The best business development strategies for an entrepreneur or a business owner revolve around disappearing! When you can delegate effectively or create working processes in your business, you will find a greater opportunity to make more money and use your time wisely.
Sep 3, 2010 Great Idea! But it Won't Work Here!
Discontinuities chip away at old business models until they roll downhill. Shareholders ask tough questions - and new strategic initiatives surface. But the naked truth is that worn out command-and-control tactics for delivering them are clumsy and unsuccessful. Rather than questioning treasured beliefs, executives with deep industry experience prefer to squeeze out yet another increment of efficiency, believing it to be safer than striking out in new directions. This is a stinging condemnation of management teams. Five pillars will help companies knock over yesterday's management thinking, master imaginative delivery approaches - and put them back in the driving seat.
Sep 3, 2010 Searching For the Several Benefits Discovered With Events Organizers
As a business owner or manager you have many requirements that you should meet every day in order to keep your business running. The demand that is related to event planning is normally one demand too many, as you have so much on your plate already. This is when an individual should look into taking advantage of the services of an event organizer.
Sep 3, 2010 A Lot of Advantages of Corporate Event Planning
In the business surroundings there are several areas that take on the focus of business management. Making sure that your company is creating high and growing income is often the main focus in the business environment.
Sep 2, 2010 How to Start a T-Shirt Business Effectively
These are not in any particular order of importance but they are 3 things you must know before, or right after you start. With a little research at the beginning you'll have a huge advantage on 80% of the people starting their t-shirt business.
Sep 2, 2010 Who Are Your Top Clients? A Quick-fire Coaching Based Analysis of Your Customers
Who are your top clients? A practical, quick-fire business coaching-based analysis of your customers to find out and introduce a new edge to your business!
Sep 2, 2010 The Advantages Of A Strategic Alliance
Even if you like working by yourself, it can be tough doing a job on your own. Sometimes there are resources you simply don't have access to - experience, supplies, time, etc. That is why a strategic partnership can be an effective way to maximize your own business while also supporting another.
Sep 2, 2010 Best Business In Recession Times - How the Right Strategy Can Boost Your Profits in 5 Easy Steps
Times are tough for everyone but small business owners and home based businesses face some of the greatest threats during a recession. If you're looking for strategies that lead to best business in recession times, keep reading and I'll share the steps you can take to develop a recession proof business strategy.
Sep 2, 2010 Removing Frustrations of Strategy Execution
The breakdown of a great many approaches to delivering strategic outcomes - which are fundamentally designed to satisfy shareholders, delighted customers, and create efficient and effective processes and build a motivated and prepared workforce - is a lack of strategy execution. What we call a Strategy Execution Pyramid begins with looking at an organization's mission (why we exist), then its core values and beliefs (what is important to us), its vision (what we want to be), and its strategy (our game plan to get us there).
Sep 2, 2010 Personalized Business Entertaining Creates Rewarding Connections
When you go the extra step of putting business associates together for a pleasant evening, you are opening the door to making all kinds of new connections, and the appreciation of your colleagues. See how this enjoyable angle to business can help your bottom line.
Sep 2, 2010 Planning For the Continuation of Your Family Business
Most small business start on a wing and a prayer. The truth of the matter is many never have a chance because most of the founders aren't entirely sure what they are doing. Those that make it are all the more glorious for doing so. It takes a lot of backbone and hard work to get a business up and running. Given this, it would be a shame to let it collapse with the retirement or passing of the founder.
Sep 2, 2010 Solve the Small Problems and Tackle the Big One
Part of the art/science of programming is taking a big problem and breaking it down into smaller problems. The idea being that on their own the smaller problems are far easier to solve, and in doing so you then find that the big problem has also been resolved.
Sep 2, 2010 The Difference Between Small Business Planning and a Business Plan
So, what's your plan look like? You know, the plan for your business for the year? The quarter? The month? You do have one right?