Tag Archives: business strategy
Building a Business Succession Plan is Essential for Entrepreneurs
It’s never too early to think about your business succession plan. Many entrepreneurs set out to build a business that provides financial security for their family, not only for the present members, but for future generations as well. As you scale your business and begin… Continue reading
Opportunity Management to Keep A Business Moving Forward
Opportunity management is a system for evaluating, choosing and prioritizing various business choices that you can make to keep a business moving forward. You may be investigating a new revenue stream, choosing a better CRM platform, or joining a strategic partnership, as examples. Selecting the… Continue reading
Planning for Business Success in the New Year
Planning for business success allows you to create a focus and build motivation. Without a business plan, your day can easily be hijacked by everyone else’s interruptions. Time is such an important commodity that you should guard against it being wasted. As long as you… Continue reading
When Is It Time to Pivot with Your Business Plan?
There comes a time when every entrepreneur faces a decision about whether it’s time to pivot and change business directions in mid-stream. As an entrepreneur, your business was the tangible result of an idea that you believed held promise. So, you set out to design… Continue reading
Is Business Strategy Overrated?
How much focus should leaders devote to crafting a business strategy? Leaders can get caught spending too much of their efforts planning business strategy. However, when reviewing how time is spent in your business, you will find that most of the time is spent in… Continue reading
Business Decision-making Improves with Brainstorming
Whether you are entering the market as a new business or thinking of expanding an existing business, your business decision-making is greatly enhanced by using the technique of brainstorming. Through brainstorming, business professionals generate new ideas. While many associate brainstorming with generating new product ideas… Continue reading
What’s the Point of An After-Action Review?
Using the After-Action Review process is a great way to make informed decisions to move your business forward. Before you decide on your overarching goal for a new quarter of your fiscal year or craft your annual goals for the start of a new fiscal… Continue reading
Communicating A Clear Business Purpose Boosts Employee Performance
An emotionally stimulating purpose statement is a compelling driver to boost positive employee performance. Articulating a clear business purpose creates a strong advantage to compete in the transforming economic landscape, with tangible bottom line benefits. The organizational purpose is a business’s core reason for being… Continue reading
The Anatomy of Leader Decision Making
As a leader, decision making is one of your most important responsibilities. Staff members, clients, and your business community rely on your answers. Moving a company forward to reach goals and build prosperity depends on a leader decision-making process. Leader decision making is a blend… Continue reading
Craft Business Priorities that Resonate
As a business leader, how much thought do you give to setting business priorities? To craft priorities that propel your business forward, consider (1) the purpose you are trying to achieve—why you are initiating the goal, (2) the resources –financial and human capital—you have available,… Continue reading
Use our 6 Steps to Expand Profitable Growth to identify where you are with your business and then set tactics in place to move to your next business level and beyond.
