When it comes to implementing the initiatives from strategic planning many business leaders and their teams get bogged down with deciding how to prioritise the goals they have agreed on. Sound familiar? Every department, team leader, or stakeholder has their own idea on what’s important (especially for them). And there’s always some limitation on resources. […]
Planning
How to create a Vision Statement that drives strategic planning
A Vision Statement is something many businesses overlook when they undertake Strategic Planning. But that can be a costly mistake. Especially when a business has grown to a size where there are multiple departments, service teams, interstate offices, or remote branches. Great strategic planning starts with a clear Vision A properly constructed Vision Statement can […]
Strategic plan, done – what happens next?
What happens after you create your strategic plan? You might think the answer is obvious… but it’s not. When business leaders decide they need to create a strategic plan it’s usually in one of two scenarios. It’s either creating a strategic plan for the first time, or it’s updating an existing or outdated plan. To […]
Stretch goal or easy target – why should you care?
How do you know if your growth goal is big enough? Most times when CEO’s or company leaders are seeking to grow their business they look to establish a goal. Usually it’s a revenue goal, or a market share goal or maybe a geographically-based goal. The idea is the goal creates the ‘end state’ and […]
The 10-step process for founder CEOs to step back from leading
At some point many founder CEOs think about stepping back and letting their team run the business without them. But how do you do it? Follow these ten steps to create a successful transition that enables founder CEOs to relinquish control, relax and reap the benefits. 1. Develop team potential Getting the ‘right’ people on […]
How to do business planning that really helps your business grow
Most businesses don’t have a plan for future growth. In fact the 2020-21 BStar Australian SME Research Report found that only 26% of business owners regularly dedicate time to business planning. Why don’t more business owners take time to plan for future growth? In my experience some of the reasons behind this lack of planning […]