Can you imagine going on a road trip without knowing your destination? Or, building your house without plans? The same can be said about running your business without a plan.
They say that "If you don't know where you are going, any road will do." But if you don't know where you are going how do you know when you get there? Or if the road you are on is the right road or the scenic, roundabout route?
Planning is essential if you have somewhere to go. If you want to grow your business, if you want to have more free time, if you want to introduce a new product, if you want to enter a new market.
You don't need to plan if you have reached your destination, if your business is all you hoped it would be. BUT ? have you considered that the world is changing pretty rapidly these days. Even if you are happy with what you have, your environment is changing, which, if you like it or not, is going to change your business. Therefore, we come back again to the need to plan.
What planning is NOT:
What is annual planning?
A well structured plan will also have the ability to be used as an effective monthly reporting tool by managers. It becomes the common language.
Planning is not only for whole businesses but also for business teams, divisions, projects and even individuals.
Planning brings about focus and clarity of what is to be achieved. Equally when done effectively, planning brings about alignment between team members and people become accountable for completion of their goals.
Planning brings about business success and bottom line results.
GRAEME NICHOL, President, Arcturus Advisors.
http://www.arcturusadvisors.com/
Graeme Nichol has worked on 4 continents and in 117 unique businesses gaining experience in manufacturing, transportation, agriculture, communications, banking, direct marketing, consumer goods and retail amongst others. He has significant management experience and consulting experience, including Business strategy, project management, change management, big six consulting, team productivity, business productivity and quality improvement, ERP implementations.
Arcturus Advisors works with businesses and teams that are struggling to formulate a strategic plan that delivers bottom line results. Using tried and tested planning systems that have achieved results internationally for 20 years we ensure that you transform your business through focus, alignment and accountability.
elite cleaning services Mundelein ..These may sound like no brainers, but you'd be surprised.... Read More
Does your overall business strategy include the recruitment of college... Read More
Too much goal setting and strategic planning can leave you... Read More
Do you work in or own a business that's affected... Read More
A strategic alliance is when two or more businesses join... Read More
Running a business, whether it be an offline multi-billion dollar... Read More
Possibly THE most frequently asked question of me is "What... Read More
Where would your business be without a proper plan? A... Read More
Obviously, there will never be an actual water shortage since... Read More
Fun From The StartFor those with the will to start... Read More
In this small article we'll concentrate on farmers associations and... Read More
1. Attempt Succession Planning Without Other Strategic Plans. Succession plans... Read More
Conventional wisdom has it that there are only three ways... Read More
I read once that something like 30 percent of all... Read More
We all know that nothing runs without a plan, and... Read More
How important is a vision statement to your company or... Read More
You have invested a lot of time and energy on... Read More
Microsoft Great Plains fits horizontal markets clientele and in case... Read More
This will make some people angry as hell, but it's... Read More
Before becoming a netpreneaur, I was an entrepreneur. First, I... Read More
Cassy was an employee of a nonprofit who had been... Read More
Six Sigma is becoming a proven approach for businesses and... Read More
If you are a successful franchise of a large franchise... Read More
More than $117 billion passed hands from Internet shoppers to... Read More
Richard L. Daft one of the country's recognized academic leadership... Read More
Airbnb cleaning service Mundelein ..Whether you are seeking capital for your company or are... Read More
The first task before hiring a contractor for home remodeling... Read More
Imagine spending the same amount of money on marketing and... Read More
Does your overall business strategy include the recruitment of college... Read More
Microsoft Great Plains fits multiple services market niche and healthcare... Read More
Canada's lean leaders need to look beyond the horizon and... Read More
Please take a moment before you read any further and... Read More
As a franchisor it is imperative that you seek, find... Read More
One of the quintessential parts to any business is your... Read More
Succession planning requires the owner of a small or medium-sized... Read More
"I don't need a business plan."Neither did Alice in Wonderland."Would... Read More
Growing your own small business can be one of the... Read More
Is there really anything as a problem? Does chaos or... Read More
Human beings are rational agents. Rationality endorses one to take... Read More
You know you need a business plan. You probably realize... Read More
Every business experiences slower periods. For some, they sell more... Read More
A recent conversation started with a typical question, "How's business?"... Read More
Ask Yourself three simple questions that affect your strategy planning...... Read More
Making money doesn't make your reputation... your reputation makes you... Read More
What gets measured gets done.How do you keep your business... Read More
Are you frustrated by the lack of growth in your... Read More
Many movies have been made about the tragic story of... Read More
Fun From The StartFor those with the will to start... Read More
Many very successful business owners may never have had a... Read More
If you are in the parking business and own or... Read More
Strategic Planning |