Strategic Planning for Your Small Business

Sorted by:  

Strategic Planning: Create a Sellable Business

Building value is essential to having a successful company as well as a successful exit. Jeff Clavier, founder and managing partner of SoftTech VC, shares his outlook that “good things happen to good companies [more…]

Strategic Planning: Ensure Your Business Continues after You Leave

The fact that you’ll leave your business at some point is a given. If you’ve been ignoring this point, you’re not alone. People start and run businesses for numerous reasons, and so much energy goes into [more…]

Strategic Planning: How Do You Want to Exit Your Business?

As the founder of the company, the best time to start planning your exit strategy is when your venture is launched. Any number of front-end decisions and strategies can have long-term impact on the operations [more…]

Strategic Planning: Succession Planning

After you’ve determined how you can exit your business, succession planning helps you determine who runs your business after its transfer. (This phase is relevant for all exit strategies except liquidation [more…]

Non-Profit Strategic Planning: From Profit to Sustainability

Clearly the big difference between strategic planning for-profits and nonprofits and governments is that pesky little word profit. Social-sector organizations are mission-driven, not profit-driven. So [more…]

Involve Your Nonprofit Board in the Strategic Planning Effort

Your organization’s governing or policy board plays an important part in your strategic planning efforts. The degree of influence boards have varies from nonprofit to government organizations. But in some [more…]

Nonprofit Planning: Be Tight on the Ends and Loose on the Means

“Being tight on the ends” involves building a strong commitment and understanding of objectives and goals of your organization and its board. Although you write the objectives and goals in ink, create [more…]

Strategic Planning for Government Entities

Government planning reaches farther than business planning because most strategic plans — whether community cultural plans, regional tourism plans, county plans, or neighborhood development plans — exist [more…]

Government Strategic Planning

Because government entities operate as monopolies in most cases, have elected boards that change every four to six years, and provide services that are legislated instead of based on market demand, these [more…]

Government Entity Sustainability

During the past several years, due to the economy, government entities have been forced to rethink what it means to be sustainable. Organizational sustainability isn’t an end, but rather a business process [more…]

Government Strategic Planning Resources

Fundamentally, a sustainable government organization has the capacity to fulfill the elected officials’ mission and objectives to provide necessary public services now and into the future. Tons of great [more…]

Planning for Nonprofit Organizations

Nonprofit staff often concentrates on those it serves and focuses less on analyzing competition and allocating resources. However, since the beginning of the Great Recession, this trend is changing. For-profit [more…]

Redefine Business Competition with the MacMillan Matrix

To maximize resources and funding, organizations need to focus on what they do best and outsource the rest. Easier said than done, right? The MacMillan Matrix, a tool developed by Wharton School of Business [more…]

Strategic Planning: Navigating New Frontiers

A case study related to the Boy Scouts of America (BSA) illustrates the strength of strategic planning. As the BSA moves into its second century of developing character in youth, the executive leadership [more…]

Nonprofit Planning Strategy Considerations

The following strategies are applicable to both the organizational and program levels, adapted from Alan Andreasen’s and Philip Kotler’s Strategic Marketing for Nonprofit Organizations [more…]

Tips to Keep Your Strategic Plan Alive and Well

By embedding your strategic plans into daily operations, completing items on your strategic plan becomes natural instead of something extra. Following are some quick ways to keep your strategic plan agile [more…]

Tips to Improve the Success of Your Strategic Planning Sessions

The three words strategic planning off-site provoke reactions anywhere from sheer exuberance to ducking for cover. In many organizations, retreats have a bad reputation because stepping in to one of the [more…]

Use a Facilitator to Lead Strategic Planning Meetings

Why hire a facilitator for your strategic planning meeting if you’re perfectly comfortable leading the group yourself? Think of it this way. If you were having a party for 100 of your closest friends, [more…]

Who Should Attend the Strategic Planning Meeting?

Although it’s imperative that key employees have a voice in planning, not everyone has to literally be at the meeting table. The old cliché that too many cooks spoil the broth couldn’t be closer to the [more…]

Strategic Planning: How to Engage Different Work Styles

Of course, everyone thinks like you, right? As a good leader, you know that’s not the case. Unfortunately, sometimes you forget what’s obvious and end up structuring a meeting based on your own preferences [more…]

Follow Up After a Strategic Planning Meeting

Committing time and resources to implementing a strategic plan is almost more important than the plan itself. Don’t underestimate how much effort it takes to get the plan moving. The absolute worst thing [more…]

Always End Strategic Planning Meetings on a High Note

You successfully made it all the way through your strategic planning meeting. You did it! You accomplished everything you intended. You have the key pieces of your strategic plan in place. You’re feeling [more…]

Embed Your Strategic Plan into Company Culture

More often than not, life and daily operations take over a well-intentioned strategic management process. If the strategic plan is one more thing people have to do, it begins feeling like a burden instead [more…]

Strategic Planning: Building Alternative Futures

Ultimately, no matter how good your research and strategic planning are, all your knowledge is about the past, and all your decisions are about the future. Scenario planning faces up to this dilemma, confronting [more…]

How to Use Social Media Metrics to Pursue Competitive Intelligence

A great way to use social media metrics is in the pursuit of competitive intelligence — a term that means knowing all about what your competing business brands are up to. Gaining competitive intelligence [more…]

Sign Up for RSS Feeds

Small Business & Careers
Win $500. Enter Now.