Do You Consider "PLAN" a Four Letter Word?

Many business people avoid strategic planning even though they believe that strategy is probably a good thing. Do you consider “Plan” one of those 4 letter words.

So why do we need a strategic plan - to out think and outlast the competition.

The first step in the process has to be Vision.

Vision without action is a daydream, but action without vision is a nightmare.

In order to plan effectively you have to know where you're going. I believe that a five to ten year vision is necessary to plan effectively for the current year. What does the business look like in ten years? What revenue and profit will the company achieve? How many employees will you have? What role will your company play in your community and what will your day to day activities look like?

That doesn’t mean you need detailed plans for the next ten years. It means you have ten year goals and a very detailed plan for the next 12 months taking you closer to those ten year goals.

TAKE ACTION to think about your vision and your strategic plan to achieve that vision. If you have a written plan and it is gathering dust in the desk drawer or on the shelf, dust it off and revise it. Remember a strategy does not work when it is not executed.

You can start this process by taking a FREE Business Health Check online by clicking here Business Health Check.

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