This crucial strategic planning tool will help you to create a great 2015 plan

To help you plan for a better 2015 I want to share with you a powerful business analysis tool that can help you to boost your revenues, slash costs and improve your firm’s overall effectiveness. To introduce this tool, take a look at the following visual: As the visual explains, Coca-Cola has over 200 products in its product portfolio.  Yet,…

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The key ingredient that’s missing from almost all strategies and strategic plans

Bad news.  There is a key ingredient that is sadly absent from about 90% of all business strategies and strategic plans. I use the word sadly because businesses that operate without this ingredient perform far below what they are capable of.  They waste precious time and resources pursuing opportunities with little chance of success and only marginal ROI potential. Now…

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How to ensure your strategic vision doesn’t turn into a nightmare

“Vision and strategy are both important. But there is a priority to them. Vision always comes first. Always. If you have a clear vision, you will eventually attract the right strategy. If you don’t have a clear vision, no strategy will save you.” That quote comes from Michael Hyatt, a world-renowned leadership and personal development consultant. When I first read…

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The single biggest motivator in your strategic plan

On the 28th of August, 1963, there was a 16 minute event that changed one man’s life forever.  In fact, 16 minutes is all it took for him to go from being a relative unknown to becoming a globally recognized face. As a driving force behind reshaping America’s cultural mindset, this man quickly became an inspiration to millions of people…

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How to strategically grow your business

This visual (updated March 2016) gives you an overview of my strategic planning and business growth model, and outlines the key steps you need to take to successfully plan and execute your strategy for business growth. As shown, the model divides the process of business growth into two phases: The strategy and planning phase The execution phase Once both phases…

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