| Having a strategic plan is necessary in today's | | | | the Executive Management TeamHave the key |
| global market place where at every chamber or | | | | management decision makers take the time to |
| networking event another competitor has joined | | | | independently review: |
| what many business owners already perceive to | | | | Quality |
| be a tight marketplace. Yet, before you, as the | | | | Production |
| small business owner or the chief executive | | | | Cost effectiveness |
| officer, begin crafting or writing that essential | | | | Turnover |
| strategic plan, these 7 tips may ensure that your | | | | Strategy |
| efforts are executable. | | | | Safety |
| Identify Your Purpose PersonallyKnowing your | | | | Waste & scrap |
| purpose is the foundation for your future business | | | | New products or services |
| actions. As the chief executive officer or small | | | | People development |
| business owner, your purpose along with the | | | | Time management |
| creation of vision, values and mission statements | | | | Then through a facilitated and collaborative |
| will expedite the decision making process and | | | | debriefing, those same executives will begin to |
| ensure alignment and consistency of those | | | | identify some of the gaps within the executive |
| decisions.Define why you are in businessThis may | | | | team including leadership. This preliminary action |
| sound simple and it is. However, this question does | | | | may reveal that the top decision maker may |
| create a top of mind awareness that is invaluable | | | | require some business development or executive |
| when working through a strategic planning | | | | leadership coaching. |
| process.Use a Qualitative/Subjective Evaluation for | | | | |