Strategic Planning Articles
133. Business Strategy - Decisions Without Blinders
By the time Merck withdrew Vioxx from the market in September 2004 out of concern that the pain relief drug was causing heart attacks and strokes, more than 100 million prescriptions for it had been filled in the United States alone.
134. Better Business Direction With Strong Strategies
Along with setting the direction of the creation and maintenance of your business, strategic planning establishes a guide for evaluating the important business decisions that must be made.
135. Your Mission, If You Choose To Accept It
Mission statements are simply explaining why your business exists and why customers will buy your product or service. In your mission statement you are communicating what the focus of your company is and what you are providing to customers.
136. The First Step To Starting A Business Is Writing A Plan
Angel investors want you to succeed and often they also like to give their input and if you end up taking their money for your startup, the need to realize that their input needs to be taken seriously.
137. Keeping A Close Ear to the Economic Pulse of Your Customers
As the business plan grows, a greater vision for the type of desired customers develops. By fully understanding those customers, a business has the opportunity to achieve success.
138. Don't Let the Process Derail Your Business Sale
Selling a business can be filled with pressure and emotion. Given that backdrop sometimes what seem like ltiile issues can put even good deals in peril. Be prepared for the process and you can keep the deal on track.
139. Who Do You Think You ARE Anyway?
In order to write a vision for your business, the first step is identifying who you really are and what is important to you.
140. Business Knowledge Representation
The importance of documenting your business knowledge, specifically your business processes and systems should not be underestimated. Although very few business have well documented processes, one of the most important keys to growing a successful business is to develop a Business Knowledge Representation.
141. Strategic Planning: The Three Key Elements Of Business Strategic Planning
For businesses strategic planning is a concept, a mind set and a process. It is looking down the road at what's around the bend. When everyone around your place is focusing on what's coming you will all recognize it in time to take advantage of it.
142. Delay Gratification - Get Results
Our society wants everything now and that mentality could be damaging your changes of success. Delay gratification and you could find your dreams coming true
143. Business Growth - Tracking Product Teams
Once time was money. Now it is more valuable than money. A McKinsey study reports that, on average, companies lose 33% of after-tax profit when they ship products six months late, as compared with losses of 3.5% when they overspend 50% on product development.
144. The Adventure of Business Planning
Creating a business plan is not a favorite for many entrepreneurs. This article transfers the process of planning for an adventure to creating an exciting business plan.
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