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Casual Articles - Clearing Up The Myths About Strategic Thinking and Planning
This article continues my series on starting or restarting your business. By this time, you should know your business and how many prospective customers you can reasonably expect to buy from you. Now the moment of truth: Given everything you know so far plus your (hopefully conservative) assumpt
The
This article is designed to help people understand asset marking. We will start by defining assets and divide them into two categories;1) Non-fixed Assets 2) Fixed Assets1) Non-fixed Assets would comprise any item that is not physically attached or part of a building. For example
My purpose in writing this article is to share what I believe are the 5 biggest myths and also provide some insights into what I believe are the 5 biggest “realities” of strategic thinking and planning.
The #1 Myth: “Our company (organization) does not need a strategic plan.”
The #1 Reality: Every company and organization needs to develop strategic thinking and planning to guide its actions, especially in chaotic times.
The #2 Myth: “Strategic planning takes too much time and we must use our time to do our “real” work.”
The #2 Reality: By engaging in strategic thinking and planning, time will be saved and time will be used more efficiently and effectively. The effort will provide a system of accountability and evaluation of a company’s or organization’s effectiveness.
The
It is a common knowledge that women are receiving lower wages than men do. The reason for that is cultural barrier; it also has to do with the general attitude toward women in the workplace. The sexual discrimination resulted in the feminism movement all over the world.Women's aspiration to
My purpose in writing this article is to share what I believe are the 5 biggest myths and also provide some insights into what I believe are the 5 biggest “realities” of strategic thinking and planning.
The #1 Myth: “Our company (organization) does not need a strategic plan.”
The #1 Reality: Every company and organization needs to develop strategic thinking and planning to guide its actions, especially in chaotic times.
The #2 Myth: “Strategic planning takes too much time and we must use our time to do our “real” work.”
The #2 Reality: By engaging in strategic thinking and planning, time will be saved and time will be used more efficiently and effectively. The effort will provide a system of accountability and evaluation of a company’s or organization’s effectiveness.
The
As a leader, you'll inevitably be faced with people wanting to leave your team or organization. Dealing with the challenge is critical for your leadership success. Your response will have ramifications far beyond your immediate circumstances. One of the best ways to respond comes from Shakespeare
The #1 Myth: “Our company (organization) does not need a strategic plan.”
The #1 Reality: Every company and organization needs to develop strategic thinking and planning to guide its actions, especially in chaotic times.
The #2 Myth: “Strategic planning takes too much time and we must use our time to do our “real” work.”
The #2 Reality: By engaging in strategic thinking and planning, time will be saved and time will be used more efficiently and effectively. The effort will provide a system of accountability and evaluation of a company’s or organization’s effectiveness.
The
Wallace Flint was the first person to suggest an automated checkout system in 1932. But the history of modern barcode begun only in 1948, when Bernard Silver, a graduate student of Drexel Institute of Technology in Philadelphia, asked his friend Norman Woodland to develop a system to automatically
The #2 Myth: “Strategic planning takes too much time and we must use our time to do our “real” work.”
The #2 Reality: By engaging in strategic thinking and planning, time will be saved and time will be used more efficiently and effectively. The effort will provide a system of accountability and evaluation of a company’s or organization’s effectiveness.
The
The majority of the value in your customer is in the sales after their initial purchase.Most business owners and managers know this. I’m sure you do. However, not many people really appreciate the life time value of their customers.When you know the trueBy engaging in strategic thinking and planning, time will be saved and time will be used more efficiently and effectively. The effort will provide a system of accountability and evaluation of a company’s or organization’s effectiveness.
The #3 Myth: “A strategic plan is confidential.”
The #3 Reality: A copy of the strategic plan, which in my model includes vision and mission statements, a list of core values or guiding principles and lists of short term (less than 1 year) and long term (beyond 1 year) goals, MUST be presented and given to ALL employees.
The #4 Myth: “Strategic thinking & planning are events that only happen at retreats.”
The #4 Reality: Strategic thinking and planning are processes and need to be continuous.
The #5 Myth: “Our company (organization) can do everything on our own without any help in strategic thinking and planning.
The #5 Reality: “At best, it is extremely challenging and at worst is impossible to facilitate and participate in the same meeting. A trained facilitator is a very valuable asset and will resist the temptations to enter into the detailed tactical problem solving and go “off track” of the real purpose of the meeting.
Are you a belie
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