strategic planning: innovation: management:success

SEVEN QUESTIONS FOR YOUR PLANNING MODEL

Technology and alternate ways of doing things are always in a state of flux. Whether it’s outsourcing some of your operations or looking at techniques that aid your decision process, it’s important to keep emerging tools and practices on your radar screen.

One example is the evolving nature of financial planning and analysis software that transcends beyond traditional spreadsheet tools. Do you ever wish you had a crystal ball to aid your business decision process? Would you use such a tool if it was available? With operations becoming more and more complex, having the ability to anticipate, analyze and assess alternate strategies BEFORE committing valuable time and resources is becoming vital.

“Anyone who says businessmen deal in facts, not fiction, has never read old five-year projections.“-Malcolm Forbes

Does your current financial forecasting model provide answers to these  SEVEN TYPICAL INQUIRIES? (more…)

strategic planning: innovation: management:success

AN ADVISORY BOARD

King Arthur had his Knights of the Round Table. Shouldn’t you have a similar team of sage advisors? Keep in mind that even Tiger Woods has a coach.

Most business owners have an aversion towards a formal board of directors and in today’s litigious society, formal board members are harder to entice. But there is an attractive alternative. It’s called an Advisory Board. The informality and flexibility give it it’s power. Here are some suggestions to consider in the formation and continuance of such a group.

Teamwork is essential. It allows you to blame someone else. – Finagle’s Eighth Rule

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