How much focus should leaders devote to crafting a business strategy? Leaders can get caught spending too much of their efforts planning business strategy. However, when reviewing how time is spent in your business, you will find that most of the time is spent in executing the strategy. Obviously, leaders need to create strategy, but […]
Is Business Strategy Overrated? Read this Blog »
Having well-designed procedures builds operational efficiency and offers a huge benefit to any business. When performing tasks, people develop a specific way that they do things. The way that things are done become operational systems. Operational efficiency and effectiveness improve when you document the workflow by your staff. In the process of documenting, you can
Operational Efficiency Starts with Tracking the Procedures Read this Blog »
A sense of community is well regarded as an important component in any organization’s continued success. Whether you are a small business owner, administrator of a non-profit, or an entrepreneur running an online business, you no doubt are working with some sort of team. Regardless of whether you have employees, virtual assistants, or volunteers, building
Building a Sense of Community at Work Read this Blog »
As a business leader, how much thought do you give to setting business priorities? To craft priorities that propel your business forward, consider (1) the purpose you are trying to achieve—why you are initiating the goal, (2) the resources –financial and human capital—you have available, and (3) the time sequence that needs to be followed.
Craft Business Priorities that Resonate Read this Blog »
Building and maintaining a thriving business is challenging, to say the least. With so many decisions to make, a business owner is bound to make an occasional mistake. We know that “measuring twice and cutting once” is important advice we learned from tradesmen. It means that we should think carefully before acting—yet sometimes deciding on
5 Mistakes to Avoid If You Want a Thriving Business Read this Blog »
Building an achievement plan for your business provides wonderful benefits. Setting goals and determining how the goals will be met takes tactical decisions. When you have an achievement plan in place, you will find that you have more clarity, direction and focus to complete tasks and keep moving forward toward your goals. Most business goals
Building an Achievement Plan for Your Business Read this Blog »
When starting a business, an entrepreneur answers two important questions. What is the problem that I can solve for my customers? And second, how can I make a profit? Defining the purpose for your business is addressed after you answer the first two questions. It defines why you do what you do. Articulating a clear,
Defining the Purpose for Your Business Read this Blog »
As a leader, your daily habits are critical to your success. If you have set goals that you wish to achieve, which I expect you have, then the daily activities become the vehicle to get you there. Your goal-getting formula can be described as the habitual performance seen in your daily activities. To determine what
5 Daily Habits Successful Leaders Embrace Read this Blog »
Successful businesses—both large and small—utilize a regularly updated business plan to provide a clear vision and direction for a sustained profitable future. It becomes the roadmap business owners and entrepreneurs follow to grow their businesses and ensure continuous quality improvement. Such improvement is derived from monitoring business operations, marketing strategies, innovation, management and financial health.
3 Tips to Maintain an Updated Business Plan Read this Blog »
Can small business owners successfully compete with Amazon? Or are we destined to allow this mammoth giant to swallow our clients as it continues to gobble up market share? I know this threat is serious to many entrepreneurs and small business owners. What if you, the small business owner, could create a business that cannot
Can a Small Business Owner Compete with Amazon? Read this Blog »
