Wednesday, September 14, 2011

Planning Is The Key To Success

Planning is the KEY to success. It’s hard for a business to survive with out a plan. Planning is a management tool that produces fundamental decisions and lays out action steps to shape and guide who a firm is, where they want to go, and the resources and steps needed to execute. Of 26,000 start-up companies who failed, 67 % had no written plan.

In today's evolving global market, companies are seeking innovative ways to become more efficient and cost effective. In order to reach these goals, firms must first set aside time to plan, strategize, and execute to see optimal results.
If your business does not have a plan, take some time with your management team to create one.

Here are some quick easy steps to get you started.
  1. Determine what your company/organization mission and vision statement are
  2. Determine your company/organization vision
  3. Set a discussion time with your management team to discuss and record the following questions:
    1. Where are we now?
    2. Where have we been?
    3. Where do we want to go?
    4. Start formulating your Plan!
    5. Execute and see better results!

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