Business Planning

Identify the Worst Case Scenario to Stop It

We all hate to consider what could go wrong simply because we often view it as negative thinking. It can be negative but doesn’t need to be that way.

A Little Preventive Maintenance

Think for a moment about your car. If you are wise you have routine maintenance performed. Of course some of that is Read the rest of this entry »

Share

Don’t Attack Your Competitors’ Strengths

Are you trying to compete against your competitors’ strengths? Well, if you are and have the resources to do that then maybe you’ll be successful. But there is no guarantee.

Why Not?

If a competitor already has developed strengths that you do not possess, first consider if they are ones you Read the rest of this entry »

Share

Stay Focused and Move to the Goal

Most of us have had the experience of struggling to do something only to hear someone say, “Focus. You can do this.” This is common in sports and school, yet the idea applies just as aptly in the business arena.

What Does It Mean to Focus?

Basically focus is the main point of attention. In optics one definition is a clear and sharply defined image. Combining these two ideas we have a picture of what it means to stay focused in business. Read the rest of this entry »

Share

The Proactive Business versus the Reactive Business

Does your business take a proactive approach or merely react to events? The difference is more than semantics.

What Does Proactive Mean?

Essentially being proactive means being anticipatory or to prepare for the unexpected. For example, rather than Read the rest of this entry »

Share

Advantage of an Aggressive Business Approach

When is it appropriate to be aggressive in business? The answer is not as straight-forward as it may seem.

What is Aggressive?

Definitions of aggressive are varied, ranging from unprovoked offense to boldly assertive or pushy to competitive to making an all-out effort to win. For purposes of this article I will eliminate those Read the rest of this entry »

Share

Three Advantages of a Narrow Business Focus

How often do you find yourself feeling overwhelmed with all you have to do? In business it may involve juggling multiple business interests. Nearly all of us have experienced the frustration that comes with this. There are some distinct advantages to reducing the number of things you are focusing on. Read the rest of this entry »

Share

How to Block Business Distractions

How often do you start your business day with the best of intentions only to find yourself doing anything but what you planned? If you’re like most people it’s more often than you care to admit.

Put it in Front of You

In an earlier article Triage for Business Issues I mentioned a technique that I first read about several years ago. It is one of the best ways I know to block business distractions. The technique is Read the rest of this entry »

Share

Three Ways to Overcome Business Chaos

Face it. Life in general involves a lot of chaos. The same is true in business as well as our personal lives. Key to managing chaos is recognizing the causes. Read the rest of this entry »

Share

Why You Should Keep a Flexible Business Plan

What happens when your business veers off course and your business plan seems worthless?

The Unexpected

Imagine you’re on a vacation that involves a long drive. You’ve planned your route carefully to allow you to see the things you want and to make the drive as quick and efficient as possible. Then, unannounced and out of nowhere it seems, detours arise that throw a wrench in your well-made plans. For some this becomes a cause for getting upset, others are frustrated but deal with it as best they can, and still others see it as an opportunity. Making and using business plans can be a similar experience. Read the rest of this entry »

Share

Making the Best of Bad Financial Results

Is there are way for making the best of bad financial results? I think there is. In fact, sometimes bad results can be the catalyst for major improvement.

When Bad is Good

First let me say I’m not really suggesting that bad results are good. No, the good I’m referring to has to do with Read the rest of this entry »

Share

Enter your email address:

Delivered by FeedBurner