Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business buil

1. Identify Your Purpose Personally

Knowing your purpose is the foundation for your future business actions. As the chief executive officer or small business owner, your purpose along with the creation of vision, values and mission statements will expedite the decision making process and ensure alignment and consistency of those decisions.

2. Define why you are in business

This may sound simple and it is. However, this question does create a top of mind awareness that is invaluable when working through a strategic planning process.

3. Use a Qualitative/Subjective Evaluation for the Executive Management Team

Have the key management decision makers take the time to independently review:

• Quality
• Production
• Cost effectiveness
• Turnover
• Strategy
• Safety
• Waste & scrap
• New products or services
• People development
• Time management

Then through a facilitated and collaborative debriefing, those same executives will begin to identify some of the gaps within the executive team including leadership. This preliminary action may reveal that the top decision maker may require some business development or executive leadership coaching.

4. Compare Last Year’s Wins and Losses

Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business build

Sanity Check - Buying A Business
In the business broker community there is a review process that helps a buyer determine if a business purchase makes sense or not. This check can be done by a Fortune 500 company where everything is figured down to the penny and takes 1000 hours of research or it can be done by a small main street shop buyer who figures it out in 1 hour. Each item in this review process requires a decision. This decision can be based on extensive research or just on a reasonable guess.The beauty of this process is; how long you want to spend on doing this activity is totally up to you. As we review this process, I will explain
5. Identify Your Purpose Personally

Knowing your purpose is the foundation for your future business actions. As the chief executive officer or small business owner, your purpose along with the creation of vision, values and mission statements will expedite the decision making process and ensure alignment and consistency of those decisions.

6. Define why you are in business

This may sound simple and it is. However, this question does create a top of mind awareness that is invaluable when working through a strategic planning process.

7. Use a Qualitative/Subjective Evaluation for the Executive Management Team

Have the key management decision makers take the time to independently review:

• Quality
• Production
• Cost effectiveness
• Turnover
• Strategy
• Safety
• Waste & scrap
• New products or services
• People development
• Time management

Then through a facilitated and collaborative debriefing, those same executives will begin to identify some of the gaps within the executive team including leadership. This preliminary action may reveal that the top decision maker may require some business development or executive leadership coaching.

8. Compare Last Year’s Wins and Losses

Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business buil

Globalization: Beat Unemployment And Jobs Outsourcing
Continents and countries are getting closer with technologies and science. With airplanes, Internet, phones and computing, the distances between countries have been shortened and communications have become more immediate and interactive.As such, companies can have different parts of their plants operating from different locations, without sacrificing the quality of the products and the delivery time.Riding on low exchange rates of these countries, companies can be certain of bigger profit margins since they will have lower costs.This is the effect of globalisation.It’s happening everywhere.
mple and it is. However, this question does create a top of mind awareness that is invaluable when working through a strategic planning process.
9. Use a Qualitative/Subjective Evaluation for the Executive Management Team

Have the key management decision makers take the time to independently review:

• Quality
• Production
• Cost effectiveness
• Turnover
• Strategy
• Safety
• Waste & scrap
• New products or services
• People development
• Time management

Then through a facilitated and collaborative debriefing, those same executives will begin to identify some of the gaps within the executive team including leadership. This preliminary action may reveal that the top decision maker may require some business development or executive leadership coaching.

10. Compare Last Year’s Wins and Losses

Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business buil

Are We Having Fun Yet?
Have you ever asked yourself this question at work? If you have, it’s more than likely you were being sarcastic – stuck in the office late because a superior tossed a short-deadline project on your desk, or while you’re bemoaning a lack of job satisfaction.You need to ask yourself this question...FOR REAL.Life is short – you SHOULD be having fun.What brings passion into your life? What would you do even if you weren’t being paid? If your career path doesn’t fall within the answers to those questions, you might want to consider embracing some personal change.Choosing your career path isn’
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11. Strategy
12. Safety
13. Waste & scrap
14. New products or services
15. People development
16. Time management

    Then through a facilitated and collaborative debriefing, those same executives will begin to identify some of the gaps within the executive team including leadership. This preliminary action may reveal that the top decision maker may require some business development or executive leadership coaching.

17. Compare Last Year’s Wins and Losses

Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business buil

Why Sharing Office Space Beats Working From Home
The idea of working from home is very appealing for many. After all it gives you your own space with no distraction so that you can put your head down and be as productive as possible.You get to work in a totally calm and quiet environment with no interruptions. Everything you need is a matter of seconds away. If you feel peckish you can just nip down to your kitchen to make a quick snack and best of all there’s no long journey home at the end of a busy day.Working from home is great, well in theory that is anyway. In practise it isn’t always as rosy as you might expect.Not being in an office can
evelopment or executive leadership coaching.
18. Compare Last Year’s Wins and Losses

Reviewing last year’s total revenue – the wins – to the missed opportunities – the losses – illustrates the importance of creating an . This tip builds motivation or WIIFM for the executive management team to follow through with the decision to take this proven business building action.

19. Use a Quantitative Organizational Survey or Assessment

Data is critical to when building an executable strategic plan. However, the real essence is finding honest data and not what management wants to hear. The evaluation tool should be representative of all levels of employees within the organization from the executive team to the support staff. Also, the data should be organized to align with known predictors for organizational success such as the Baldrige criteria. This assessment, evaluation or survey tool should:

• Be Internet accessible
• Have a proven historical track record
• Work with any industry including education, healthcare, manufacturing, not for profits and professional services
• Include face to face interviews with a sampling of all employees
• Provide for a variety of reports
• Be affordable
• Deliver quick results within 2 to 3 weeks depending upon the size of the organization
• Focus on strength as well as weaknesses
• Furnish a mini-action plan
20. Consistent Goal Setting and Goal Achievement Process

An executable strategic plan revolves around the ability to consistently set and achieve goals. Given that goal setting and goal achievement is not currently part of the K-16 curriculum, those responsible for executing the strategic plan should all be using the same goal setting and goal achievement process to ensure that the measurable results are achieved.

21. Assess Your Commitment Leve