Building the Foundation for the Future

Building a foundation is an over used term that means you need a solid footing before venturing forth. Although I agree with the statement in general, I do not always agree that you need to wait until that foundation is completely finished.

2007 Thoughts on Strategic Planning for the Year Ahead

Strategic planning and business is paramount to winning market share and growing the company. Unfortunately, strategic planning has become a buzzword by MBA business consultants and the university professors. In fact, often an MBA course will have several course titles with the words; Strategic Planning. So you can imagine how important it is to the top business colleges and universities in our nation and to the corporations who will hire these Business Management Graduates.

Strategically Planning Your Organization's Future - Keep It Real And Keep It Within The Culture

Planning strategically can be a tricky endeavor for most organizations. The first item, even before the pen is put to paper (or the keys are pressed on the keyboard) is the culture of the organization.

Combining BPM And Strategic Technology Planning

Business Performance Management abbreviated BPM and commonly overlapped with enterprise resource planning or strategic planning has and ought to be directly linked with strategic technology planning. All levels of planning and strategy making and implementation decisions move in closed coordination with the overall business objective as followed by BPM.

Critical Thinking is the Success to Any Business

In business, it’s success or failures boil down to one thing and that is money. Was there profit after the campaign, did it break even or is the company in the red? This is the reason managers have to be critical thinkers because this is the only way for any firm to survive.

Ten Ways to Reinvent Your Company in 2007

It’s soon to be 2007, and we can hardly stand the thought. What are we doing that is different from what everyone else in our industry is doing? What excites our customers? To make a dramatic impact in 2007, you will need to reinforce your message in everything that you do. Use every ad, press release, professional communication and event to tell your story.

Base Strategies - Do You Know Yours?

Do you know your base strategy; simple guidelines to help you define your competitive advantage.

Business Planning for Start-Ups - Make It Realistic

In every source of words of wisdom, entrepreneurs are taught to write a business plan before they embark on starting their new business venture. This is good advice provided it is done correctly and based on realistic expectations. A bottom-up approach will produce a much more realistic revenue forecast than the most conservative estimate about the market share of an estimated market size. The entrepreneur must base his business planning on cash flow for the initial years.

Professional Business Plan Writer Should You Hire One

Are you interested in starting up your own business? If so, you will need to develop a business plan, at least you should. If you have never developed a business plan before, it may be a difficult, stressful, and time consuming process.

What to Consider When Making a Business Plan

Have you recently made the decision to develop yourself a business plan, for your new business venture? If so, congratulations; you are taking a step in the right direction. Business plans are a great way not only to stay organized, but to attract financial assistance from financial lenders or investors.

Business Plan Software Is It Worth Your Money

Are you preparing to start developing your own business plan? If so, there is a good chance that you have already done a little bit of research online. When researching business plans online, did you come across business plan software programs? If so, you are not alone. Whether you just started browsing the internet or performed a standard internet search with the words “business plans,” you likely came across business plan software programs.

Selling Your Business - Prepare for the Buyer Visit

A buyer visit is a very important step before receiving a letter of intent. Do not view it as a simple show-and-tell corporate tour. It is your chance to position your company in the best light to drive purchase price. It is also your chance to gather valuable information on the buyer in order for you to make your selling decision.

Strategic Alliances, Collaborating Through a New Window

Strategic alliances are commonplace today among organizations both large and small. The advantages allow companies like yours to successfully compete in the global marketplace. Powerful synergies are the outcropping of successful alliances. Synergistic Partnering Alliances where competitors can realize great value by building relationships of integrity with one another are very much like a marriage. And, marriage takes work!

Social Capital and Your Business

Why do you need to understand social capital? Because it holds the key to riding out the storms ahead and may well be the determining factor in who is left standing.