As an entrepreneur, you know you should do strategic planning. What you may not know is that most CEO’s don’t understand how to approach it. What’s Strategic Planning When people say “strategic planning” they are actually talking about Strategic Thinking and Execution Planning. These are two distinct activities and when we mix them together, our […]
Q4 planning is one of the most critical processes in defining business strategy. Sometimes as we wind down the year, we feel like we are on the two-minute mark of a football scoreboard, fighting it out until the end. Other times it may feel like we have scored in such a dominant fashion that the […]
If you’re like many business leaders right now, you’re in the heat of 2019 planning. Hopefully, the plans are connecting to a longer-term business strategy your company is focused on. So, when you’re thinking about strategy you should be thinking about how do I differentiate my company from my competitors? You can also ask, what […]
I say you start with what you know. Don’t make this more complicated than it needs to be. I always start with three things when I help teams start to develop their strategy. First, what are my core values? Core Values are the behavior rules for your business. If you don’t have them my guess […]
As we’ve learned from Jim Collins, great companies have a Big Hairy Audacious Goal (BHAG). This is a ten to thirty year goal that inspires and grabs your people and drags you into the future. You probably have a BHAG yourself. Maybe yours isn’t as crystal clear as Kennedy’s “Send a man to the moon […]
Middle Market Trends Overall company performance in the middle market has improved significantly according to 72% of middle market organizations surveyed by the Middle Market Center, setting a new record for organizational confidence. 77% report year over year growth in revenue and 55% year over year growth in employment. Leaders consistently report plans to invest […]
