| Having a strategic plan is necessary in | | | | Quality |
| today's global market place where at every | | | | |
| chamber or networking event another | | | | Production |
| competitor has joined what many business | | | | |
| owners already perceive to be a tight | | | | Cost effectiveness |
| marketplace. Yet, before you, as the small | | | | |
| business owner or the chief executive | | | | Turnover |
| officer, begin crafting or writing that | | | | |
| essential strategic plan, these 7 tips may | | | | Strategy |
| ensure that your efforts are executable. | | | | |
| | | | Safety |
| Identify Your Purpose PersonallyKnowing your | | | | |
| purpose is the foundation for your future | | | | Waste & scrap |
| business actions. As the chief executive | | | | |
| officer or small business owner, your purpose | | | | New products or services |
| along with the creation of vision, values and | | | | |
| mission statements will expedite the decision | | | | People development |
| making process and ensure alignment and | | | | |
| consistency of those decisions.Define why you | | | | Time management |
| are in businessThis may sound simple and it | | | | |
| is. However, this question does create a top | | | | Then through a facilitated and collaborative |
| of mind awareness that is invaluable when | | | | debriefing, those same executives will begin |
| working through a strategic planning | | | | to identify some of the gaps within the |
| process.Use a Qualitative/Subjective | | | | executive team including leadership. This |
| Evaluation for the Executive Management | | | | preliminary action may reveal that the top |
| TeamHave the key management decision makers | | | | decision maker may require some business |
| take the time to independently review: | | | | development or executive leadership coaching. |
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