How Clear Is Your Vision For Your Business? Is It Time For A Business Vision Examination?
By: J. Glenn Ebersole, Jr., Chief Executive of J. G. Ebersole Associates and The Renaissance Group ™
When was the last time you really examined your vision for your business? As the calendar year or the fiscal year draws to a close, this could present perfect timing for an examination of your vision for your business. A vision is dynamic and it requires periodic examination in order to retain your strategic focus in business. Here are ten (10) questions from your strategic thinking business coach to use to perform an annual examination of your business vision.
Question #1: Is your vision for your business still clearly defining the strategic focus of your business? Or is it time to rethink your vision statement?
Question #2: Is your vision statement followed by a clear mission statement that clearly defines how you are planning to reach your vision?
Question #3: Do you have an effective client contact management system in place and are you keeping your database current?
Question #4: Do you have a strategic referral system and are you asking for referrals?
Question #5: Are you tracking your leads and determining the conversion rates of leads and prospects into clients?
Question #6: What is the level of customer satisfaction among your clients? Are you surveying your clients to find out how satisfied they are with your products and/or services and your level of customer service to them?
Question #7: Are you constantly networking to discover new opportunities to grow your business?
Question #8: Do you have a cash flow challenge? Are clients paying their bills on time? Do you have a follow-up plan to collect past due receivables?
Question #9: Have you updated your strategic action plan for the next year and for the following 3 to 5 years?
Question #10: Do you have a succession plan or exit strategy in place?
If you would like to learn more about how to examine your business vision, please contact Glenn Ebersole today through his website at www.businesscoach4u.com or by email at jgecoach@aol.com
How Clear Is Your Vision For Your Business? Is It Time For A Business Vision Examination? - To learn more about this author, visit Glenn Ebersole's Website.
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