Ask a small business owner about their strategic plan and they'll either laugh or get that stricken look in their eyes. Yet it's well documented that businesses with a strategic plan are more successful. No matter what size business, from solo practitioner to hundreds of employees, a thoughtful strategic plan... Read More
With the help of balanced scorecard strategy map, it is very easy to design the organization goals and build business strategies. Balance scorecard and strategy map are interrelated with each other. Strategies map is the foundation to design business strategies or perspective. Using strategy map, you can design the strategies... Read More
David E. Gumpert, author of Burn Your Business Plan, often tells the story about how he and his partner failed to raise money after sending their business plan around to venture capitalists and meeting with several others to make presentations. Disappointed by the fruits of their labor, they considered giving... Read More
Business owners and entrepreneurs are, by nature, risk takers and adventurers. If we didn't have that "optimism gene" floating around, not much of any progress would ever get done. But every so often the adventurous get in trouble.They plan a new venture ? perhaps a new product, service, expansion into... Read More
"Bozo" ? A clown with a forlorn look, always finding negative implications in every activity or event. A person who tries to find a way to prevent you from moving ahead, giving excuses such as "we've always done it this way, or this is not our culture" when presented a... Read More
A well known, national chain of restaurants discovered that certain weather patterns substantially impacts their business. They have studied it and found that more people go out to eat dinner when there is a series of beautiful days. So they measure the weather quality at their stores across the country.... Read More
Writing a business plan is not an easy endeavor, nor is predicting the future. You will need to spent adequate time in preparing your long-term goals and objectives. This will help you understand what you are doing and where you wish to be. Martin Luther King in is most famous... Read More
The goal of almost every business owner is to generate a profit either for themselves or their shareholders. This can be challenging at best. So much thought and effort go into running a business, accounts payable, accounts receivable, dealing with vendors, customers, etc. Because of this people sometimes do not... Read More
One of the most powerful driving forces in human nature is competition. The desire to overcome something or some company, the need to win, the cause, can in many cases be more important than the day-to-day work of the company.If your company and your people are to ever reach some... Read More
If you've ever listened to Warren Buffett talk about investing, you've heard him mention the idea of a company's moat. The moat is a simple way of describing a company's competitive advantage. A strong competitive advantage, or a wide moat, gives a company sustainability, which, as investors, we're highly interested... Read More
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How are you feeling today? Good, not so good, great?... Read More
Human beings are rational agents. Rationality endorses one to take... Read More
Part 1A few weeks ago I attended a seminar sponsored... Read More
If you own a mobile car wash business or auto... Read More
These may sound like no brainers, but you'd be surprised.... Read More
We all know that nothing runs without a plan, and... Read More
What gets measured gets done.How do you keep your business... Read More
"Begin with the end in mind," says Stephen Covey in... Read More
Too much goal setting and strategic planning can leave you... Read More
Is your business growing as fast and effectively as it... Read More
How important is a vision statement to your company or... Read More
Do you work in or own a business that's affected... Read More
Whether you are seeking capital for your company or are... Read More
Strategic alliances are increasing at a rapid rate. It is... Read More
Richard L. Daft one of the country's recognized academic leadership... Read More
Entrepreneurs often give little if any consideration to their computer... Read More
Creativity is one of the greatest tools for success in... Read More
When looking at Akron carefully one cannot help but notice... Read More
The trick is to determine what uniquely identifies your best... Read More
Business seems to drop, slow or even stop during the... Read More
So what makes a vision successful? Everyday companies try to... Read More
Writing a Business Plan these days is tough, venture capitalists... Read More
I'm not talking about posting the HBO schedule on your... Read More
The decision to sell, or not to sell your business... Read More
Many cities have home pages on the Internet. Many of... Read More
"I don't need a business plan."Neither did Alice in Wonderland."Would... Read More
Most companies that are worthy of raising venture capital have... Read More
What do Mark Victor Hansen, Robert Allen, Anthony Robbins, Andrew... Read More
I read once that something like 30 percent of all... Read More
While writing an article recently on effective ways to bridge... Read More
Running a business, whether it be an offline multi-billion dollar... Read More
One of the most powerful driving forces in human nature... Read More
1. Attempt Succession Planning Without Other Strategic Plans. Succession plans... Read More
If you are looking for a partner, funding, angle investor... Read More
Q: A key investor in my business has suggested that... Read More
We all agree Strategic Planning is a critical part of... Read More
A significant advantage of some business ideas is that the... Read More
We have been spending many hours surveying the market for... Read More
Why do so many companies languish and watch as their... Read More
While writing an article recently on effective ways to bridge... Read More
Want to become more strategic? Add these traits to your... Read More
How you finance the expansion of your business is important.... Read More
Fun From The StartFor those with the will to start... Read More
Writing a business plan can be tricky when all the... Read More
Have you ever done a SWOT analysis? No, it's not... Read More
"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
Writing a business plan is not an easy endeavor, nor... Read More
Every business experiences slower periods. For some, they sell more... Read More
Entrepreneurs often give little if any consideration to their computer... Read More
GETTING STARTED WITH SUCCESSION PLANNING: PART IA survey of 4,300... Read More
Succession planning requires the owner of a small or medium-sized... Read More
Diversify - to make diverse, give variety, to balance, to... Read More
When looking at Akron carefully one cannot help but notice... Read More
ACTION PLANNING: Action Planning is a process to develop strategies... Read More
Part 1A few weeks ago I attended a seminar sponsored... Read More
Six Sigma is becoming a proven approach for businesses and... Read More
Writing a Business Plan these days is tough, venture capitalists... Read More
Every new business owner knows that a business plan is... Read More
Every decade we seem to come up with a buzz-word... Read More
Microsoft Great Plains does wonderful ERP job for horizontal markets... Read More
More than $117 billion passed hands from Internet shoppers to... Read More
The first task before hiring a contractor for home remodeling... Read More
Many of us are discouraged by the networking events that... Read More
There is a story, about a business owner who wasn't... Read More
There are no "rules of thumb" in the pursuit of... Read More
Microsoft Great Plains, former Great Plains Dynamics is excellent fit... Read More
Strategic Planning |