One of the most important elements of your business plan is the element that provides alignment between and among the functions of your business. Without this element you cannot move toward coordinated goal accomplishment. Typically planning teams spend time discussing the current state of their business situation. Equal time is spent discussing the future. Almost [...]
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The Key Attributes Required for Success
First, successful companies have skilled people at all levels inside the company, including (1) leaders who develop and articulate sound strategic visions; (2) managers who make value-adding decisions, design efficient business processes, and train and motivate work forces; and (3) a capable work force willing to implement the company’s strategies and tactics. Second, successful companies [...]