Posts Tagged ‘Purpose’
Planning Principle: Do Only What You’ll Use
Efficient business in general means avoiding waste, doing only what has value. Therefore the right form for your business plan is the form that best serves your business purpose. Furthermore, for the vast majority of business owners, the business purpose of planning is getting what you want from the business—setting strategy and tactics, executing, reviewing…
Read More3 Steps to Stimulate Change and Establish a Clear Purpose
Organizations and people grow, evolve, and change. It’s what we do—and failure to do so over time will find us being followers rather than leaders. Change starts with having a clear purpose. Leaders need to have a clear purpose for change if they want their team to buy in. This is the first step in…
Read MoreWhy You Need a Clear Written Mission Statement, and Tips to Write One
When you are buried in the day-to-day operations of running your business, it’s easy to get tunnel vision. Your nose is to the grindstone everyday just getting it done. Such a limited perspective is one of the biggest reasons business owners fail to seize growth opportunities. Myopic vision limits your ability to think about the…
Read MoreUsing the 3P Change Equation to Stimulate Sustainable Change
Making sustainable changes in any organization is not easy: Change is hard. People resist it—even positive change—and they often express their resistance through declining engagement and performance, and by slipping back into old habits. But, change is necessary to succeed and grow. For change to happen, and for it to stick, tough decisions are needed.…
Read MoreBuilding a Sustainable Business is More Than Profit
I may be a bit old-fashioned, but I have always looked at a business first for its potential ability to be self-sustaining, and provide reasonable profits to feed my family, my lifestyle, and my retirement. Then secondly, I look for it to be a business I can enjoy, with the potential to change the world.…
Read MoreHow Leaders Create Buy-In, Accountability, and a High Performing Work Environment
Change is never easy, but it is necessary. As a leader, you are accountable for making change happen. If leaders want their people to buy-in and be accountable for their actions, they need to display effective leadership behaviors. In my experience as a leadership change consultant, and as I have discussed in How to Get Your Team to…
Read MoreHow to Craft the Best Mission Statement for Your Small Business
Putting together an effective and appropriate plan for a new small business is critical to achieving long-term success in any industry. Typically, some type of mission statement is included in such a business plan. To formulate the best possible mission statement for your business, use these tips: 1. Ask yourself what inspired you to start…
Read More5 Questions to Manage Profits
6 Critical Components of Your Marketing Plan
Developing Natural Audience: Lessons from the Creative World
