... buying constituency a little more critically. If your business has reached this point, regularly assessing your customer base is indeed an important strategicplanning activity. One way to approach it ...
... the upper hand on inventory is essentially one part mathematics and another part strategicplanning. You need to have accurate inventory counts as well as the controls in place to regulate quality and ...
... competitive with other similar businesses in your market. When strategicplanning, one important question to regularly ask is: Just how competitive are we anyway? Objectively making this determination ...
... into the break room and expecting mind-blowing strategic ideas to flow forth probably isn’t realistic, either. Find a suitable and productive point somewhere in between. Let us know if we can help with ...
... audience and reflects your strategic plans. Endurance. A mission statement should be able to withstand the test of time and, ultimately, have meaning in the long term. By the same token, its language ...
... yourself, it’s important to look for concentration risks as you monitor your financials and engage in strategicplanning. Remember to evaluate not only your own success and stability, but also that of ...
... processes also involves streamlining operations in mission-critical areas. These include sales and marketing, finance, human resources, and customer product and service delivery. 3. Strategicplanning ...
... last-minute expenses. Have fun Company retreats are serious business in the sense that you’re sacrificing time and productivity to identify strategic goals and improve teamwork. But these events should ...
Employers who offer retirement savings plans are already helping their workforces. But not all employees take advantage of these plans. And many who do still don’t contribute enough to retire comfortably. ...
... a long-term strategic plan, you’ll likely continue to spin your wheels. Eyes on profits and value Public companies answer to investors who consider earnings per share and stock price to be key indicators ...
... they know and abide by your policy. With the Internet booming and social media thriving, there’s a wealth of information out there about your competitors. It can help you shape your strategicplanning ...