Strategic Planning Framework
Business leaders who want to see improved business results must first present to their employees a launch path to success. That does not mean that all the answers to the organization’s challenges must be provided by the leader. In fact, employees should be fully engaged in finding new, unexpected, and beneficial solutions to critical problems. They should also be challenged to find innovative ways to exploit opportunities.
Continue reading ▹
Running a business can be a lot like riding a roller coaster – long spells of a slow grind uphill to meet the daily demands, with short bursts at breakneck speed to meet customer deliverables and internal commitments.
Continue reading ▹
Maintaining focus in business is essential if we are to provide value to our customers and achieve the required financial returns. But the question is what to focus on? I believe it comes down to doing three things well.
Business Action Plans are like the meat in a sandwich. They provide the content between strategic and operational planning. A Business Action Plan can cut across a company, division or department.
You may have decided to undertake a Strategic Planning Process within your Association. Or, you may be about to recommend that your Association develops a multi-year plan. In either case this article may be helpful.
Multi-Year Strategic planning, when it is done right, provides benefits to the organization during the actual planning process. Most importantly, it creates long-term benefits by providing a road map to organizational success.
Continue reading ▹
The number one job for all executives is to improve their business performance. What methods to employ is the question. Here are a few concepts to consider.
Continue reading ▹
As a first step in a strategic plan or assessing a business model, it helps to assess the factors in the environment that could have an impact on the success of our organization.
Continue reading ▹
Where to focus a business leader’s attention when it comes to creating a strategic plan for future success?
For most of my career, I have been very comfortable with the model illustrated below.
Continue reading ▹
As a first step within a strategic planning process, it is important to recognize that the nature of the competitive forces within our industry will determine the relative scope for growth and profitability. Understanding the dynamics of these forces will help us to assess the potential for new opportunities and begin to differentiate ourselves from others.
Continue reading ▹