Basic Planning

Basic Strategic Planning

Traditionally Strategic Planning results in the publication of a lengthy document. The document will contain graphs, charts and a bewildering explanation of the state of the economy. The documents will also include the effect an interest rate increase may have on your business and a detailed analysis of your competitors.
Junior and middle managers in large organisations and small business operators who cannot justify producing a lengthy strategic planning document, these are typically people with a penchant for action.
Basic strategic planning eliminates unnecessary paperwork and the duplicated analysis that traditionally occurs in strategic planning. Use your planning time wisely, only do the things that add value.
Once you have completed a SWOT you will prioritise and develop actions. Take a moment to read on and discover how
What goes in a SWOT analysis? The answer is your knowledge, your knowledge about your business, your industry and the world in general.
Now get an A4 piece of paper, divide it into 4 quadrants, and write one heading at the top of each quadrant, strengths, weaknesses, opportunities and threats. Example SWOT
Discover your competition; Use your Existing Knowledge; Take Action for Results!
Courageous leadership is about taking action, you have identified the issues now identify the actions that will help you achieve your goals!
List your actions and post them somewhere prominent in your business, where you will be reminded of them.

Read also:

* Retirement Planning