Building Your Strategic Plan
Invest in Regular Planning
Invest in a Regular Schedule
Strategic planning isn 't a one and done event. After you 've gone through the intensive exercise of creating a strategy, you have to work at refining it over the long haul. For this reason it 's crucial to schedule consistent meetings to maintain headway. Meetings should take place annually, quarterly, monthly, weekly, and in certain circumstances on a daily basis. In this way your entire organization is focused on meeting strategic goals.
It 's a natural temptation to postpone and even omit these meetings. Don 't do it! You will then begin managing by exception which is a sure way to waste a lot of your time as Visionary. Maintaining the regularity of these …show more content…
You 'll get nowhere flying by the seat of your pants; and you may well crash and burn. The key to long-term success is informed decisions based on quarterly priorities, grounded in your Purpose, Mission, and Core Values. http://smallbiztrends.com/2013/08/strategic-planning-small-business.html
Vision, Mission & Core Values
Strategic Planning for Growing Business
The day-to-day operations of a growing business can seem like the eye of a hurricane: hectic and fast-paced. There are always questions to answer, fires to put out and it’s easy to get inveigled into processes necessary to keep the organization operating smoothly and profitably.
Your Purpose (Vision), Mission & Core Values
Strategy for small business is unlike that for large companies. You don’t have time for lengthy planning sessions, but you do need to plan. Defining your purpose, mission, and core values is part of your responsibilities. You are like the captain of an early exploration vessel; you must have a clear purpose: “I want to discover new lands beyond the seas.”
Did you ever ask, “What’s my business’ …show more content…
The single most important role you have as a leader is as visionary. This clarity is needed to guide your strategic planning process. This is the part where you define, “What is the purpose of my business?”
It’s the big “why” question; you must be able to answer it in ten words or less.
Purpose for a small retailer in a local market: “I want to bring sophisticated fashion at reasonable prices to my local community.”
Once you have defined the purpose of your business, it’s time to clearly enunciate “what” it will do. Like the explorers of old, you’re typically embarking on a three to five-year Mission. Your vision must inspire not only your employees, but it should also electrify and energize you. We are heading west, past sea monsters and pirates to meet new peoples and bring untold wealth and glory back to king and country.
You do:
Define your Business’ Purpose in ten words or
Invest in Regular Planning
Invest in a Regular Schedule
Strategic planning isn 't a one and done event. After you 've gone through the intensive exercise of creating a strategy, you have to work at refining it over the long haul. For this reason it 's crucial to schedule consistent meetings to maintain headway. Meetings should take place annually, quarterly, monthly, weekly, and in certain circumstances on a daily basis. In this way your entire organization is focused on meeting strategic goals.
It 's a natural temptation to postpone and even omit these meetings. Don 't do it! You will then begin managing by exception which is a sure way to waste a lot of your time as Visionary. Maintaining the regularity of these …show more content…
You 'll get nowhere flying by the seat of your pants; and you may well crash and burn. The key to long-term success is informed decisions based on quarterly priorities, grounded in your Purpose, Mission, and Core Values. http://smallbiztrends.com/2013/08/strategic-planning-small-business.html
Vision, Mission & Core Values
Strategic Planning for Growing Business
The day-to-day operations of a growing business can seem like the eye of a hurricane: hectic and fast-paced. There are always questions to answer, fires to put out and it’s easy to get inveigled into processes necessary to keep the organization operating smoothly and profitably.
Your Purpose (Vision), Mission & Core Values
Strategy for small business is unlike that for large companies. You don’t have time for lengthy planning sessions, but you do need to plan. Defining your purpose, mission, and core values is part of your responsibilities. You are like the captain of an early exploration vessel; you must have a clear purpose: “I want to discover new lands beyond the seas.”
Did you ever ask, “What’s my business’ …show more content…
The single most important role you have as a leader is as visionary. This clarity is needed to guide your strategic planning process. This is the part where you define, “What is the purpose of my business?”
It’s the big “why” question; you must be able to answer it in ten words or less.
Purpose for a small retailer in a local market: “I want to bring sophisticated fashion at reasonable prices to my local community.”
Once you have defined the purpose of your business, it’s time to clearly enunciate “what” it will do. Like the explorers of old, you’re typically embarking on a three to five-year Mission. Your vision must inspire not only your employees, but it should also electrify and energize you. We are heading west, past sea monsters and pirates to meet new peoples and bring untold wealth and glory back to king and country.
You do:
Define your Business’ Purpose in ten words or