|Strategic Planning Information
Seasonality: Whats the Big Deal?
Do you work in or own a business that's affected by seasonal cycles? Do you live in a community whose population changes significantly during the year (e.g., tourist influx, students returning to college)? Do you ever feel stressed out or frustrated by the seemingly constant changes or the extreme highs and lows of your life or your business?
Many people feel that these cyclical changes are just something they have to tolerate. Never mind that your relationships, physical health, and your sanity can be stretched to the breaking point during busy seasons. Or that you're so tired by the end of busy seasons that you simply don't have any resources left for anything else.
Cash Flow Can Be a Problem
If you make most of your money in three or four months of the year, how can you plan your expenses over all twelve months? And if your predictions about what you'll make during the busy season are wrong-you can have serious problems. Wouldn't it be great to approach a new season with money left in the bank from last season? By caring about and paying attention to your cash flow, you can stop worrying about making ends meet during the slower seasons.
Your Personal Relationships May Get Shortchanged
During your time of high activity, you see no one. Your partner, your friends, your family-all have to live without you for a few months. Well, what if they get used to doing without you? What if they become so tired of your not being around for them, that they stop being around for you? It doesn't take a great deal of time to pay attention to your personal relationships during your busy season, and it's an investment that pays off handsomely.
Your Physical Health May Be at Risk
How many more years can you push yourself to your physical limits in order to meet the ever-increasing demands of your busy season?
Getting Stuck on the Stress Roller Coaster
Do you love roller coasters? It's easy to get addicted to the adrenaline rush of the big hills and the loop-the-loops. Ever been stuck on one, or ride the same one many times in a day? It's one of the most boring things ever. The view never changes, the thrill of the unknown dwindles, and you just can't wait to get off. The same thing happens if you find yourself stuck on the roller coaster of seasonal stresses. Instead of rolling with the ups and downs, you become stressed all the time. How can you get off the ride? Check out the Ten Ways to Reduce Stress This Season?free!
Seasonal Changes Can Be Isolating
Living with seasonal changes can make you feel unique. Not many people get to live on Martha's Vineyard, right? Not many people get to have the summers off, especially if they're not teachers?aren't you lucky? Well, the very things that make your life or your business unique may also make you feel alone. You feel like you shouldn't complain because you live in paradise; or because summer vacation is built into your job. Luckily, there are many ways to find and communicate with people who are experiencing the same things you are: online communities, networking meetings, coaching groups. Sharing ideas, stories, and hints for dealing with seasonal changes can go a long way to helping you feel more connected and less stressed.
"That's the Way It Is" Is Not a Valid Argument
Just because you live in a seasonal community, or work in a seasonal business, doesn't mean you are required to be miserable during the busy season. Being able to successfully deal with the stresses of seasonal cycles can have a wide-ranging impact. If you are happier and more confident, your customers (family, co-workers, etc.) will be too.
(c)2005 Barbara Bellissimo.
Barbara Bellissimo is a women's life transformation coach, and author of the book, "Become Your Own Great and Powerful: A Woman's Guide to Leading Your Real, Big Life."
Visit http://www.seasonsofsuccess.com to get her no-cost special report--"Turn On Your Power and Lead Your Self to Greatness"--and her easy-to- use tools and ideas for leading the real, big life you want--right now!
Thinking Like A Farmer
One of the difficulties we face in our industrialized age is the fact we've lost our sense of seasons. Unlike the farmer whose priorities change with the seasons, we have become impervious to the natural rhythm of life. As a result, we have our priorities out of balance.
Getting Started with Succession Planning: Part I
GETTING STARTED WITH SUCCESSION PLANNING: PART I
Dayton, OH; Why your Company needs to expand there
In Ohio: besides the 3-Cs you should look at Akron, Dayton, Canton, Toledo, Youngstown and their suburbs. We have been serious studying these areas quite intensely for quite a while, here is what we found; Dayton OH, is looking up after the recent GM Plant received high ratings for productivity being able to beat the Domestic Averages for time to build cars and SUVs, it's SUV Plant was amongst the top performers in the Country for time to build at an average of 20.7 Hours, much better than the Ford Plants all expect F-150 and Taurus Models. Many new projects are happening in Dayton;
Changing Strategy Without Losing Your Customers - Three Vital Steps to Refining Your Strategy
American Eagle Outfitters and Wet Seal Stores have issued statements about company turnarounds needed to cut sales loses. This kind of story occurs far too often: a business disconnects from their customers because the company either wants to sell to a larger customer base or they want to upgrade to a more prestigious look.
Don?t Just Talk About the Weather, Use It to Advantage
A well known, national chain of restaurants discovered that certain weather patterns substantially impacts their business. They have studied it and found that more people go out to eat dinner when there is a series of beautiful days. So they measure the weather quality at their stores across the country. Managers report the weather quality daily. A weather predicting system is then employed to determine the quality of subsequent days. When the model predicts a higher customer count they reduce or eliminate sale items and include higher priced or higher margin specials on the changing daily menu. While they can't control the weather, they know that their customers respond to it. Knowing that, they work to take advantage of factors that can predict changes in business activity.
Turning On The Lights
Fun From The Start
Strategy Without Tactics is Futile
From time to time there seems to be a flurry of studies and surveys on effective communication in the workplace. As a communication specialist, I'm always eager to read these studies, but am often disappointed with what I see. That's because they all seem to be about communication strategy.
Pave the Way to a Successful Strategic Plan
Many very successful business owners may never have had a formal strategic plan. Some think, "Why do we need to do strategic planning? We're doing great just like we are."
Connecting Your Offline Business to Your Online Business
These may sound like no brainers, but you'd be surprised. No matter how high-tech your business has become, there is no doubt you still have some non-electronic aspects of your company. These are things like your business cards, stickers, and work shirts, to name a few.
Business Plan Descriptions of Computer System
Entrepreneurs often give little if any consideration to their computer system needs in their original business plans. It is a necessity to have mention of your computer system as bankers and/or investors will want to know how you will keep track of your future endeavor. You need to carefully spell out your needs and their costs to insure you are asking for the right amount of money for your new project and to insure that you know what you need in advance. All too often entrepreneurs are not completely sure of what is needed and then when they see what is available they want it, this adds costs. Then comes the customization and feature creep as high paid programmers design the modifications.
Writing a Business Plan for Success in Business and for Funding
Writing a business plan to help you direct and manage your company is a key part of starting you new company that will help lead you and your company to success. Creating a "living and breathing" business plan makes that success even easier to reach. Many people feel that the sole purpose of a business plan is to get funding, and write a plan that is targeted to that audience. This plan should be considered a piece of you Fund quest documentation, but should not necessarily be edited to meet each funding source.
Elite Positioning Brings Higher Profits
Imagine spending the same amount of money on marketing and performing the same amount of work to deliver your products or services, but earning more money and keeping more after your expenses. That's what happens when you institute elite positioning for your business.
Who is Responsible?
While writing an article recently on effective ways to bridge the IT/Management communication gap, I realized that few of us are eager to take responsibility in our business lives to make something different happen and be part of the solution.
Art of Succession Planning
Succession planning, like any business acumen, is both an art and a science. That is to say, there are many proven strategies that can and must be followed so that successful transition can occur.
Completing the Annual Planning Process
Imagine an office without a desk, or lights, a computer, or even something as simple as a chair. When the architects and designers started planning a building or office space they knew they would have to make concessions for these items during each of the building activities. As marketers, we take part in many activities, much like a builder or designer does.
Do You Really Need a Business Plan?
"I don't need a business plan."
More Uses for Your Business Plan
You have invested a lot of time and energy on writing a business plan just to get a loan or to attract an investor. What do you do when you get the money or, worse, should you be turned down?
Business Plan Financial Projections: Stop Worrying About Being Right...
Business plan financial projections seem daunting because they are so uncertain. This very uncertainty, however, is what makes preparing them easy because you can't possibly be right. You can't predict the future. None of us can. All you can be is competent in the way you prepare your business plan projections.
Making a Decision to Outsource: Strategic Constraints
Many companies are reluctant to dive into outsourcing ocean because of various reasons of strategic nature. As far as strategic goals are touched upon, managers are concerned with the following issues:
The Top 10 Priorities That Guard Your Five-Star Reputation
Making money doesn't make your reputation... your reputation makes you money. Gala Gorman
|home | site map