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Recent Focus January 2008

 

Estimated reading time for this issue: under 3 minutes

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3 quick tips for your business

If this is your first week back at work … welcome back!  If you’re like us and pretty much worked through, then I hope your business year has started well and you managed to get some ticks on the board over the last week.  

With any luck you’ve soaked up some of that great weather over the Christmas and New Year period - the best we’ve had in years!  I’m sure there were a lot of dry happy campers this year, instead of the usual lot of bedraggled and rained-out campers!

On to more serious stuff ...

In aid of cluttered inboxes that overflowed during Christmas and New Year …. I’m going to make this our shortest newsletter yet.  A quick read and 3 quick tips to start the year off with a bang and keep you ahead of the pack. This follows on and is related to what we talked about in our December newsletter.  In case you missed it, or didn’t get to do anything about it … it’s not too late to at least get your business sorted for 2008 (and the years to come). 

Here goes …. Does your business have a corporate vision? How about a strategic business plan?   

If not, the start of 2008 would be a great time to develop one.  

1.             A corporate vision is the perfect tool to get you and your employees on target and working towards a common goal.  You and your team will have something to aspire to, something to line yourselves up against.  A corporate vision will shape the way you and your employees perform and the way you go about your day to day tasks – and the results you produce.   It will provide your business with better direction, greater purpose and an ongoing focus.  Imagine the difference that could make!

2.             If you then design a strategic business plan, your ideas can be turned into action plans.  A good business plan will give you practical strategies to achieve what you want and get your business to where you want it to be.  It will  considerably improve  areas in your business such as marketing, production, team/employee performance, systems and administration, financial management structures to name but a few.

3.              There are so many different ways of putting together corporate visions and business plans it can leave you wondering which is the best way to go.  Often we associate it with folders full of pages and pages  … and pages …  of stuff that never gets looked at once it’s done.  A lot of use that is! 

Over the years we’ve seen our fair share of corporate visions and business plans.   …    even had a few ourselves!  We’ve come to the conclusion the best system is one that is simple, visual, fast and practical. Make sure you use a system that is  … for want of a better term … “quicker, faster, better…”. 

Tips in brief:

1.             Develop a Corporate Vision for your business

2.             Establish a Strategic Business Plan

3.             Make sure the format of both is simple, visual, practical and fast.

We have more information on this topic and on Corporate Visions and Strategic Business Plans.

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Read the previous issue of Recent Focus (In what direction are you headed in 2008?)

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