If anybody has too much time these days, they’re just not paying attention.
Strategic Planning Articles
The fastest way to increase sales is to give away something of value. Not something you think is valuable; something your target market thinks is valuable.
Why a business is doing well or poorly is in the details. Measuring takes time and discipline, and forces management to think strategically. Subsequently measuring is often ignored. Measuring results, however, is the only way you can possibly improve upon them.
The mindset of a buyer is much different than that of a seller. The buyer tends to be focused on “what’s in it for me,” whereas the seller tends to focus on the technical aspects of “what we do”. Business needs to understand why customers buy from them so they can focus their marketing efforts on those emotions.
Avoid the pitfalls of entering into a business partnership. A shared vision is crucial!
Business development, advertising, marketing, and public relations are all about growing the number of people who know you and your business. Become a resource for information for your clients and industry to increase your profile.
Associations and groups help provide insights and develop a support system. Networking online is important, however face-to-face interaction is critical to your business’ success.
How can business best plan for growth and success in these tough economic times? Creatively tapping into the talent pool that exists due to the current economic times is an excellent first step. Business should also make better use of the experience and creativity of staff and even clients.
In general terms, a good business plan is a “must read” for all people involved with the company.The three most common audiences are your banker, your investors, and your staff — the people charged with executing it.
The more time and effort you invest into focusing on your business’ vision, mission, and values, the more you move away from distraction and failure.