Posts Tagged ‘business planning’

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 »

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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 »

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Unnecessary Spending

If we look closely we can see personal spending that was unnecessary. In business it can be more difficult to identify unnecessary spending. Ever wonder why? Read the rest of this entry »

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When Planning is a Roadblock

We’ve all had the experience of planning something in detail, only to see it all go wrong. Don’t let this stop you in your tracks. This idea of things not going as planned is well expressed in the saying, “The best-laid plans of mice and men often go awry”, which is an adaption of a line from the Robert Burns’ poem To a Mouse. The sentiment of course is that we simply cannot know how things will turn out, not matter how carefully we may plan. That of course is no reason not to plan. But, when I said don’t let this stop you in your tracks I was referring to a different aspect of progress. Read the rest of this entry »

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Confidential Information

How we designate information as confidential and maintain this confidentiality is often overlooked. Yet confidential information needs two things: accessibility to those who need it and protection from those who don’t.

What Needs to Be Confidential?

I suggest that we work backwards in this process. That is, start with Read the rest of this entry »

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Time to Rest

How often in business do we think about a time to rest? Probably not often, yet that does not mean it isn’t important.

Why a Blog Post on Rest?

Over the past few weeks we have looked at a series of topics in the postings Time to Think, Time to Plan, Time to Act and Time to Reflect. If you look at the titles of these, and even more so if you have read them, you will notice that Read the rest of this entry »

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Time to Reflect

When you have been involved in implementing a project do you take time to reflect and evaluate how well things are going?

Some Summary

In three postings preceding this called Time to Think, Time to Plan and Time to Act we looked at the logical process of implementing a project, business plan, etc. Now let’s assume you have done the first two of these and are into the taking action portion.

Feedback

After the initial actions of implementing something Read the rest of this entry »

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Time to Act

My recent postings, Time to Think and Time to Plan were focused on preliminary steps before jumping into action. After taking time to think and time to plan, it is time to act. All the thinking and planning in the world is useless without action.

Nothing happens until something moves.” – Albert Einstein Read the rest of this entry »

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Time to Plan

In my last posting, Time to Think I emphasized the importance of spending time thinking before jumping into action. Now, let’s look at an intermediate step between thinking and acting; a time to plan.

Some Background

Many people spend enormous amounts of time developing a business plan that looks great on paper but Read the rest of this entry »

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Time to Think

 

Before you begin a major undertaking in your business do you take time to think in depth? It is critical if you are to avoid unexpected results.

It Begins with Thoughts

Before we do anything we first think. Even those routine things we do daily involve some thought beforehand. But, in this posting we are concerned with actions that are not routine, at least not yet. Read the rest of this entry »

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