Rick Goodman — March 19, 2020 Strategic planning is a core activity for any business leadership team. I’ve written about this process before and defined it in terms of establishing long- and short-term goals. Strategic planning is a critical way of setting a vision, building a consensus, allocating resources, and establishing benchmarks and expectations. It’s … Continue reading When Strategic Planning Fails
Rick Goodman — February 13, 2020 I’ve written before about the importance of careful, meticulous strategic planning. Basically, this is the process wherein leaders and managers set the short-term and long-term goals for the organization. It also involves setting metrics; clarifying expectations; allocating the resources that will be used in pursuit of those goals; and … Continue reading Strategic Planning in 6 Essential Steps
Gleb Tsipursky — February 3, 2020 Did you know that the typical five-year strategic planning forecasts perform about as well as dart-throwing chimpanzees? Cognitive science and behavioral economics scholars have conducted research on people who are the most skilled forecasters among us. Apparently, they perform no better than chance on economic predictions more than three … Continue reading 10 Steps for Strategic Planning to Defend Your Future
Michael J. Katz — January 28, 2020 “He who is outside his door has the hardest part of his journey behind him.”– Dutch Proverb There are many things I like about our refrigerator. I like that the freezer is on the bottom. I like that there are half a dozen little lights (rather than just … Continue reading Big Plans, Small Steps
Nicci Nesmith Hammerel — January 27, 2020 Is your quarterly business review format putting your customer relationships at risk? Once your prospect becomes a customer, you might focus on typical customer success drivers, like getting your customer to adopt and love your product, or to stay engaged through check-ins and quarterly business reviews. After all, … Continue reading Avoid These Critical Mistakes in Your Quarterly Business Reviews
Bruce Hakutizwi — January 20, 2020 If you’re just starting a new business, you have probably wondered whether or not you really need a formal business plan. The short answer is, yes. A formal business plan is one of the most commonly overlooked aspects of successful business ownership — but it’s one of the most … Continue reading Do You Really Need a Formal Business Plan?
Darleen DeRosa — January 6, 2020 With a new year on the horizon, it’s natural to start thinking about potential resolutions for 2020. Unfortunately, more than three-quarters of those resolutions won’t make it past February. While there may not be much harm in not reading as much as you intended or failing to prepare to … Continue reading Succession Planning Strategies for the New Year
Tim Backes — January 3, 2020 Follow @timmyb1976 I still remember mulling over my first business idea – the odd stares I would get in shops, only to realize I have been standing in front of the same shelf for half an hour; the long debates with myself in the shower; and waking up in … Continue reading 4 Methods of Validating Your Business Plan Before Investing Big Bucks
Don Dalrymple — December 9, 2019 Follow @dondalrymple Every week you have the opportunity to move the needle and get your business notching up a level. Not only do you have to get the necessary work you committed to others done in your projects and tasks, but you have to make space and time to … Continue reading Actions that Work
Gleb Tsipursky — November 21, 2019 Follow @Gleb_Tsipursky Isn’t it wonderful to have certainty, confidence, and clarity about what you’re going to do going forward? In the context of our increasingly disrupted, globalizing, and multicultural world, business leaders greatly appreciate the security and comfort of clear-cut strategic plans for the future. After all, following our … Continue reading Your SWOT Analysis is Broken (Here’s How You Can Fix It)
