Strategic Thinking – A Wise Business Investment, According To Your Strategic Thinking Business Coach
Strategic Thinking – A Wise Business Investment, According To Your Strategic Thinking Business Coach
By: J. Glenn Ebersole, Jr., Chief Executive of J. G. Ebersole Associates and The Renaissance Group ™
Strategic thinking is critical to the long-term success of businesses today. Yet, there are too many businesses that fail to invest time, money and human capital into planning for the future. So many businesses are concentrating only on the day-to-day activities in their business and are failing to create or remember a vision for the future. Some businesses work diligently to create strategic plans, business plans, integrated marketing communications plans, etc. only to leave these plans dormant on some shelf. They fail to remember that these plans are living documents, which warrant follow-through, review and updates.
Businesses need to commit to spend more time spent on strategy on a regular basis. So what advice can we share to help business owners and their management teams make the best use of time for strategic thinking? Here are ten (10) tips from your strategic thinking business coach to help.
+ Review what plan(s) you have and give yourself realities check. Ask yourself the tough questions about your business strategies and the company vision, mission and goals. Then determine what if any changes need to be made.
+ Look at the marketplace to determine what has changed since you prepared your plans. Identify the strategies have worked and those that have not. Develop new strategies as needed and reinforce and re-emphasize the strategies that have worked well.
+ Review the financial condition of your business. Take a serious look at your cash flow and your funding for the upcoming year and beyond. If new funding sources are needed, then develop strategies to pursue those alternatives.
+ Maintain a strategic focus. Commit to following a clearly defined strategic focus or vision for your business.
+ Develop a strategically thought out integrated marketing communications plan as a top priority. Review past marketing strategies and delete those marketing strategies that are not working. Enhance those strategies that are working and develop new marketing strategies as warranted.
+ Develop a crisis management plan/business contingency plan to deal with the unpredictable. Develop strategies to address the worst-case scenario for your business.
+ Develop a group of strategic thinkers into a strategic management team
for your business. These people can be leaders in the strategic thinking needed in your business.
+ Commit to a lifelong learning process and to take strategic advantage of the “lessons learned” from those things that don’t go right.
+ Set aside time each month that is dedicated to strategic thinking and planning. Make this a priority, rather than trying to “fit it in” when time permits.
+ Seek advice from others, including a strategic thinking business coach, to assist, facilitate and guide you in your strategic thinking process for your business.
Your strategic thinking business coach challenges business owners and their management teams to commit more time to developing, reviewing and driving business strategy. You are urged to consider very carefully how you tackle strategic planning because the benefits of strategic thinking and planning will provide maximum returns on the time invested. If you want to learn more about strategic thinking and planning as an investment to grow your business and how a strategic thinking business coach can facilitate and guide you in that endeavor, please contact Glenn Ebersole today through his website at www.businesscoach4u.com or by email at jgecoach@aol.com
Strategic Thinking A Wise Business Investment According To Your Strategic Thinking Business Coach - To learn more about this author, visit Glenn Ebersole's Website.
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Strategic Thinking – A Wise Business Investment, According To Your Strategic Thinking Business Coach
By: J. Glenn Ebersole, Jr., Chief Executive of J. G. Ebersole Associates and The Renaissance Group ™
Strategic thinking is critical to the long-term success of businesses today. Yet, there are too many businesses that fail to invest time, money and human capital into planning for the future. So many businesses are concentrating only on the day-to-day activities in their business and are failing to create or remember a vision for the future. Some businesses work diligently to create strategic plans, business plans, integrated marketing communications plans, etc. only to leave these plans dormant on some shelf. They fail to remember that these plans are living documents, which warrant follow-through, review and updates.
Businesses need to commit to spend more time spent on strategy on a regular basis. So what advice can we share to help business owners and their management teams make the best use of time for strategic thinking? Here are ten (10) tips from your strategic thinking business coach to help.
+ Review what plan(s) you have and give yourself realities check. Ask yourself the tough questions about your business strategies and the company vision, mission and goals. Then determine what if any changes need to be made.
+ Look at the marketplace to determine what has changed since you prepared your plans. Identify the strategies have worked and those that have not. Develop new strategies as needed and reinforce and re-emphasize the strategies that have worked well.
+ Review the financial condition of your business. Take a serious look at your cash flow and your funding for the upcoming year and beyond. If new funding sources are needed, then develop strategies to pursue those alternatives.
+ Maintain a strategic focus. Commit to following a clearly defined strategic focus or vision for your business.
+ Develop a strategically thought out integrated marketing communications plan as a top priority. Review past marketing strategies and delete those marketing strategies that are not working. Enhance those strategies that are working and develop new marketing strategies as warranted.
+ Develop a crisis management plan/business contingency plan to deal with the unpredictable. Develop strategies to address the worst-case scenario for your business.
+ Develop a group of strategic thinkers into a strategic management team
for your business. These people can be leaders in the strategic thinking needed in your business.
+ Commit to a lifelong learning process and to take strategic advantage of the “lessons learned” from those things that don’t go right.
+ Set aside time each month that is dedicated to strategic thinking and planning. Make this a priority, rather than trying to “fit it in” when time permits.
+ Seek advice from others, including a strategic thinking business coach, to assist, facilitate and guide you in your strategic thinking process for your business.
Your strategic thinking business coach challenges business owners and their management teams to commit more time to developing, reviewing and driving business strategy. You are urged to consider very carefully how you tackle strategic planning because the benefits of strategic thinking and planning will provide maximum returns on the time invested. If you want to learn more about strategic thinking and planning as an investment to grow your business and how a strategic thinking business coach can facilitate and guide you in that endeavor, please contact Glenn Ebersole today through his website at www.businesscoach4u.com or by email at jgecoach@aol.com
Strategic Thinking A Wise Business Investment According To Your Strategic Thinking Business Coach - To learn more about this author, visit Glenn Ebersole's Website.
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Dianne CramptonDianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here. Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009. Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010. To receive publishing discounts, subscribe to the free TigerTracks Newsletter here. - Visit Dianne Crampton's Website |
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