Some recent articles have included some extraordinary – yet not surprising – statistics: companies with just the strategic section of a business plan have 50% more profits and revenue than non-planning businesses. Another survey found business planning companies have 63% higher revenue growth and 100% more profit.
If that isn’t enough reason, here are a few more:
- To anticipate and prevent problems before they occur
- To successfully attract the funding you need to run your business
- To reduce anxiety from not being in control of your business
- To have an impact on your success rather than leaving it to chance
Check out this white paper if you want a place to begin. CLICK HERE
written by Nancy Chorpenning
\\ tags: business planning, Focus, Management
Scrum for Social Media
Although this is an article specific to Social Media (a current passion!), there are some very practical and simple lessons for managers wanting a structured process to get things done thoroughly and quickly. No, the two are not mutually exclusive. It’s about FOCUS and ACCOUNTABILITY. Of yes, and if you happen to be planning, say, developing a company website there are direct applications.
My favorite learning is the new definition of “Scrum.” Not referring to Rubgy, the new definition:
“a project management process with less planning, more prototyping and faster turnaround. Taken from agile software development process, scrum is easy to learn; requires little effort to start using; and works ideally for social media [and OTHER!] projects.”
This isn’t the only way to manage introducing a new product, but it is one to consider. See how it fits your business!
written by Nancy Chorpenning
\\ tags: Accountability, Focus, Management, Marketing
It is well established that concentrated attention and focused thought are more productive than the start-and-stop too many of our days are like. That working in dribs and drabs is also a common symptom of business owners who work IN their business more than they work ON their business, then wonder why they never make progress.
Try setting aside time regularly as you plan each day – or each week, minimally – when you Continue reading »
written by Nancy Chorpenning
\\ tags: business planning, Focus, Time Management
