OK, you know this. You’re spending too much time answering emails. Getting interrupted by unimportant stuff. And worst of all, attending meetings, lots of meetings, sometime endless, pointless meetings.
Starting a Business/
Business Planning
First the good news: Starting Sept 30, US federal law allows small startup companies to raise equity on the Internet, without the expensive barrier to register the shares for public trading with the Securities and Exchange Commission (SEC). Companies can now raise unlimited amounts of capital simply by using social media sites or elsewhere on …
To help determine your organization’s goals, utilize a visualization exercise that guides the team through a scenario ten or more years into the future. The scenario should paint a picture in which the organization is achieving tremendous success. The visualization should help participants see what was accomplished, how it was accomplished, and how customers, employees, competitors, and any other significant stakeholders view the organization.
Entrepreneurship is as invaluable to large organizations as it is to small ones, perhaps more so. While big companies often can provide the resources start-up businesses lack, they also typically provide all sorts of bureaucracy, slow decision-making and red tape that can stifle entrepreneurial spirits. This can apply to for profits or nonprofits, or for …
In the course of developing strategic plans, organizations often find themselves taking a step back to ask the question, “How can we differentiate ourselves from the competition?” The answer to this question often results in the development of positioning strategies.
As a result of the lack of challenge many leaders experience within their own walls, the views of the leader can easily overpower the group. And even when someone dares to challenge with a question, some leaders, often without knowing it, respond with statements that belittle the questioner or not-so-subtly communicate that challenging the boss is not welcome.
Consider the following strategies.
Most people agree that a rigorous business plan is a good idea. Clearly it’s best to research the market and risks as thoroughly and objectively as possible. In contrast, a “creative” plan, one that involves sketchy research, is unlikely to meet with success. Right? Well, maybe, but perhaps a certain amount of naivety might increase …