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Strategic Planning
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The Snowball Effect
In my occupation as a business advisor, I see many business owners who struggle to make ends meet, try to do everything themselves, and ultimately they either lose business to the point they finally seek guidance or they end up out of business.
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Business Growth Strageties Your 4 Part Marketing Plan
Every business should have four basic strategies for generating revenue. In this article the four basic strategies are presented on order of difficulty and cost from low to high. The priority you place on each plan depends on your unique situation and goals. These strategies work regardless if you sell products or provide a service.
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Offshoring - Are The Savings Worth The Cost
The low cost of labor in many foreign countries makes expanding operations outside the US an attractive option, but is it as great a deal as you might think? Here are just a few things to consider before expanding overseas.
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Does Your Strategic Plan Include a Proven Goal Setting Process?
Strategic planning is corrals a lot of information and then develops strategies to out last and out survive the competition. Goals are part of any executable plan and there should be a proven goal setting process to expedite the execution of your strategic plan.
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7 Steps Effective Strategic Planning Process
Strategic Planning Process is key to business planning and success. This TQM aticle illustrated a typical approach taken by several organizations. It involves Vision & Mission, SWOT Analysis, Developing strategic options, Strategic Objectives, Strategy Execution plan, Resource Allocation and Execution Review.
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An Alternative Way to Conduct a SWOT Analysis
Conducting a SWOT Analysis can be quite a challenging task when you are not so experience. this article is written as an alternative way to conduct a SWOT Analysis. It illustrates the What? When and How? It can be done in a simplistic way.
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Strategic Planning - What Does Your Company Mean?
Last week I had an interesting discussion with a director of Mary Kay, one of the most successful companies in the cosmetics industry. She wanted to know why it would be important for her sales reps to understand strategy.
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