Archive for the ‘Business Planning’ Category

Balancing Your Costs with Your Vision

Friday, October 21st, 2011

One of the great­est bless­ings that comes from being an Exec­u­tive Coach for Build­ing Cham­pi­ons is learn­ing from my amaz­ing clients. I don’t think a week passes where I don’t learn or am not reminded of at least one solid and tan­gi­ble new thought, strat­egy, process or skill that helps me per­son­ally as a CEO.

In a recent ses­sion, I was coach­ing an exec­u­tive who leads a large divi­sion of a global man­u­fac­tur­ing firm whose prod­ucts are very much a com­mod­ity. They have a very rig­or­ous process for cost con­tain­ment and the rea­son­ing behind it makes some sense.

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The Power of a Simple Business Plan

Wednesday, December 2nd, 2009

Hand WritingToday, I’d like to share with you a straight­for­ward approach to build­ing an effec­tive Busi­ness Plan that you can use and adjust through­out the year ahead.  My team and I have coached thou­sands through this process, and we have repeat­edly seen how this type of plan has led to improved clar­ity and results for those who build it and fol­low it.

The power of this Busi­ness Plan is that it is very spe­cific and per­sonal.  It is not meant to replace a larger cor­po­rate plan.  It answers the fol­low­ing three crit­i­cal ques­tions for you on a sin­gle piece of paper:

  1. What are my mea­sur­able goals for the year? 
  2. What do I need to do each day to reach those goals? 
  3. What improve­ments do I need to make in the year ahead? 

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