Shaun Dallas Dance’s Blog
The Impact of Strategic Planning on Your Business
Strategic planning is an organizational management activity. It defines what an organization is from the get-go, what it does, why it does it, and who it serves. The focus is always looking ahead to the future. Strategic planning establishes the groundwork for the way a business defines everything it does moving forward. It affects everything about the way the company makes decisions, including how resources are allocated, priorities are established, agreements are made, and training manuals are written. Since it serves as the base of all decisions, there is nothing more important than defining a clear plan for what your business is really about before investing time and money into it.
Tips for Hiring the Right Consultant
Hiring a consultant can be very risky. Nearly anyone can get a tax ID number and a company logo and claim to be an independent consultant. Because of this, it is very important to verify the legitimacy of any firm before you hire them. In addition, it’s important to do your own assessment before taking the plunge and investing time and money in a consultancy contract.
Creating a New Direction For Your Business
Before you can create a new direction for your business, you first need to have a realistic view of the current state of affairs. The more honest you are at this stage, be more effective any plans will be. A SWOT analysis of strengths, weaknesses, opportunities, and threats is a great way to formally assess your business in its current state and see areas for improvement or change. In addition, you should also get as much feedback as possible from current employees, business partners, and your customer base.
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