22nd
November
2007
Business Planning Steps
posted in Planning |
Planning is nothing more than setting your Vision and Mission, identifying and preparing your Goals and Objectives based on your Vision and then prioritizing them into some kind of order. There are six simple steps in developing a workable plan (don’t over think it, don’t over complicate it, this isn’t Quantum Physics) for the typical business owner, I’m not saying you’re typical, but if you were typical, they would be:
1) Set your Vision
2) Define your Mission Statement (as necessary)
3) Identify and prepare your Goals and Objectives
4) Define your Strategies to support the achievement of your Goals and Objectives
5) Generate your three to five year Plan; this is your Strategic Plan or Business Plan (the view from 30,000 feet).
6) Generate your one year plan; based on your Strategic Plan, this is your Tactical Plan or Annual Operating Plan (the view from a mile high).
Are you willing to spend two hours a week and a few days a year to stay on track, work on the critical issues, save yourself hundreds of hours (not working on the wrong or lower priority issues)?
I hope so… if not, how’s that (not having a plan) working for you?
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on Thursday, November 22nd, 2007 at 7:58 am and is filed under Planning.
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