Business Growth - Exploring The Ambidextrous Organization

The Roman god Janus had two sets of eyes – one pair focusing on what lay behind, the other on what lay ahead. General Managers and corporate executives should be able to relate. They, too, must constantly look backward, attending to the products and processes of the past, while also gazing forward, preparing for the innovations that will define the future.

Open a Dollar Store - Be Sure to Establish A Hierarchy of Needs!

What is a hierarchy of needs? Why is it important when you open a dollar store? What can it do for my business? All of these are great questions. Let's get to some answers.

An Introduction To The Balanced Scorecard Management Framework

In the late 1980s, vast numbers of companies were rapidly adopting Total Quality Management (TQM) principles, yet many of these organizations found themselves struggling to tie TQM to their bottom-line results, because TQM efforts tended to focus on isolated improvement projects that too often were not directly linked to strategic goals.

Open A Dollar Store - Strategies to Cut Freight Costs

Freight costs should be an area of focus for those who open a dollar store. Always be aware of how much freight is actually costing. Be sure to do everything possible to reduce freight costs. Some methods for reducing freight costs include...

Assumptions Continue to Derail the Best Strategic Business Plans

What assumptions do you live and breathe within your business without knowing them? How are these assumptions creating dissatisfied customers?

Opening A Dollar Store - You Need A Plan!

One of the biggest mistakes that entrepreneurs who are opening a dollar store make is to not take the time to develop a plan for their business. This can be a very big mistake that will cost you money. Without a business plan the business is not set to move forward down a defined path to success.

Ten Top Benefits of Strategic Thinking and Planning For Business and Not For Profit Organizations

What are the real benefits of strategic thinking and planning for business for a not for profit organization? This is one of the most frequently asked questions I have encountered in more than 30 years of work in strategic planning endeavors. In preparing to write this article I reflected on those years of experience and chose what I believe to be ten top benefits of strategic thinking and planning. These are not listed in a priority order.

Your Strategic Thinking Coach's List of Ten Key Components of Effective Strategic Alliances

Let me start by defining strategic alliance. A strategic alliance is a partnership, a collaborative agreement and/or a relationship between two or more companies or organizations formed to pursue a set of agreed upon goals while remaining independent companies or organizations. Strategic alliances exist in a variety of shapes and sizes and include a wide range of scopes of cooperation levels. Strategic alliances usually are most effective when the entities involved have complementary strengths. What makes a strategic alliance effective? What are the key components of effective strategic alliances? Here is my list of ten (10) key components of an effective strategic alliance.

Strategic Actions For A Strategically Structured Succession Planning For Company Leadership

Succession planning is very important to the long-term success of any company. Leadership transitions in business affect the entire organization’s continuity, employee retention, client retention and returns on investment. It is essential to create and implement a process that creates visibility, accountability and greater integration of all facets of the business. The rapidly changing demographics in the workplace, especially the aging baby boomer segment, there is a real challenge to find talent for leadership roles. Companies that are able to respond pro actively with strategically developed and implemented effective leadership succession plans are in a superior position in the marketplace and global economies. Your strategic thinking business coach offers the following list of recommended strategic actions to structure a leadership succession planning process.

How To Set Up Your Own FM Radio Station - Licensing And Start Up Issues

There are several ways to set up your own radio station. It depends on how serious you are about it. The single most important thing you should know before you get started is why would you need to start your own radio station?

Thousands Spent on Business Strategies with Poor Business Results

Are you frustrated by the lack of results generated by your strategic plan? Possibly, the answer is more than just strategies and plans.

Ideal Schedule - Advance Planning Promotes Goal Achievement

A proactive approach to scheduling yields a positive affect on both customer care and business growth. The ideal schedule is one based upon how you work rather than forcing you to conform to standards created by others. The following steps are designed to help you develop and implement a customized strategy to create your ideal schedule, ensure quality, increase quantity, and achieve goals.

Who Do You Think You ARE Anyway?

In order to write a vision for your business, the first step is identifying who you really are and what is important to you.