Tagged: business strategy Toggle Comment Threads | Keyboard Shortcuts

  • Renee: CEO Coach & Management Specialist 11:32 pm on April 21, 2010 Permalink | Reply
    Tags: business strategy, , , , , risk strategy,   

    Make improvements to your business by ma… 

    Make improvements to your business by managing risks. Risk is inevitable, avoiding risk impossible. Depending on the owner’s level of risk tolerance, a company may face more risk than security. You have to learn to manage or master the different stages of risk in your business. The risks that you should look out for and learn to manage is:

    1. management & team
    2. financial
    3. technology & production
    4. marketability & competition
    5. growth

    There are so many things that you can do to improve these areas. Take a look at your risks, how to manage them and your ability to to manage them to improve your business. Analyze your entrepreneurial capabilities. Analyzing that is a big part of your risk management. Learn how to manage your business money or seek help.

    A serious risk is relying too heavily on one person to take care of pertinent functions. Anyone can get hurt or lose their job. So learn to delegate & outsource to help reduce some risks in your business or projects. Make sure that you have insurance & backup for different aspects of your business. Addressing a few of the above issues can significantly reduce the level of risk in your small business.

    Advertisements
     
  • Renee: CEO Coach & Management Specialist 11:57 pm on April 12, 2010 Permalink | Reply
    Tags: , , , business strategy, , , , , , , ,   

    The strategic planning process is future… 

    The strategic planning process is future oriented and consists of visioning, creating a mission statement, gap analysis, environmental scans, trend analysis, strategy development & benchmarking. By knowing this lets you know that strategic planning IS for the small business. Similar to larger corporations but on a smaller scale. Strategic planning helps to produce lots of ideas and written action steps. So get started on your strategic plan today!

     
  • Renee: CEO Coach & Management Specialist 5:36 pm on April 7, 2010 Permalink | Reply
    Tags: , , Business Start-up, business strategy, , , franchise, maintain, , , ,   

    Put Some Fore-Thought Into Starting & Maintaining A Business 

    There’s a lot to starting and maintaining a business. Now you have some pre-thinking & preplanning to do. If it is a business that’s worth pursuing, then it’s going to take everything that you got (as far as energy, some money & time goes) mixed with a lot of innovation, motivation, planning, skills & support. The most important part is research and planning. Yes, it is true that at the beginning you might have setbacks & some failures but initial mistakes are not always fatal. Depending on your situation, sometimes you can recoup.

    To get things back in order & continue with the start-up phase might take  support, extra skill, discipline and hard work. Before just diving right into a new business venture or an additional one, do some preplanning, exploration and evaluation of your business & personal goals. Your preplanned research information can help you to build a comprehensive, well thought-out business plan that will help you reach these goals. A well developed business plan & strategic plan will force you to think through issues that you may not have considered before. It can also save you lots of time, money, setbacks & heartaches.

    Remember when starting out in business do a little strategic thinking, strategic planning, setting up a general business plan & a strategic plan. A strategic plan should not be confused with a business plan.

    A strategic plan is a shorter document defining how you’re going to manage the business that you already have, your business strategy, direction, marketing, decisions, capital, people, S.W.O.T analysis etc… on allocating resources to pursue this strategy.

    A business plan is a more substantial and detailed document about the business that you want to start, how to start it, goals, info on the team or business reaching these goals, why you can achieve these goals and the plan for reaching those goals.

    Your plans will become valuable tools & provide milestones to gauge your success as you embark upon your business adventures.

    ~~For Support With Your Strategic Or Business Planning and Office Management Support contact:

    Clerical Business Solutions: clericalbusinesssolutions@gmail.com

    Clerical Business Solutions (CBS) is a Virtual Business Assistance Company & Office Management Specialist, Providing assistance in overflow work, subcontracting, outsourcing of business office management /support & document creation.

     
  • Renee: CEO Coach & Management Specialist 5:02 pm on March 31, 2010 Permalink | Reply
    Tags: business inspiration, business strategy, business success, , , , online business,   

    Organizations prosper by achieving strat… 

    Organizations prosper by achieving strategy that is implemented as a result of continuous decision-making at all levels of the business. An organization could implement a balancing strategy through four areas:

    • Financial perspective
    • Customer perspective
    • Internal business process perspective
    • Learning, innovation, and growth perspective
    These areas could allow a balance between short-term and long-term objectives, outcomes desired, performance drivers of those outcomes, between hard & soft subjective measures.

     
c
Compose new post
j
Next post/Next comment
k
Previous post/Previous comment
r
Reply
e
Edit
o
Show/Hide comments
t
Go to top
l
Go to login
h
Show/Hide help
shift + esc
Cancel