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Business Growth Through Strategic Merger and Acquisition
Successful growing companies usually grow through a combination of organic growth and strategic acquisitions. For purposes of this article, a strategic acquisition is defined as an acquisition where the result of the combination is far greater than...
SELL A BUSINESS 10 STEPS TO MAXIMIZE SELLING PRICE
You started your company 20 years ago “in your garage”, worked many 80 hour weeks, bootstrapped your growth, view your company with the pride of an entrepreneur, and are now considering your exit. The purpose of this article is to help you evaluate...
Strategic Organizational Learning
The cost of training in North American companies exceeds $60 billion per year. Try to visualize that. Picture a stack of 1,000,000 $1 bills. Now try to picture 60,000 of those stacks. Amazed? Then consider this fact: estimates of training costs...
Strategic Planning for Salespeople
"Ready, shoot, aim." Unfortunately, that's the all too common description of the field salesperson's modus operandi. In a misguided attempt to stay busy and see as many people as possible, too many salespeople subscribe to the theory that any...
The 7 Traits of an Exceptional and Successful Entrepreneur
The 7 Traits of an Exceptional & Successful Entrepreneur By Robert Moment © 2004 How often have you either referred to or considered the expression, “Success is a journey and not a Destination?” Probably many times, yet often being in a hurry to...
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Survival Without Computers
I was slowed down when my computer crashed and I had no data, no
address book and not even my passwords to get back online. I
didn't think I was doing anything remarkable by bouncing back to
productivity even with this handicap for a week. But from the
feedback I've had from more than a few people, it seems
paralysis would have been the acceptable common option.
Yes, I got slowed down, but nothing critical was lost and no
appointments missed. Why? Internal reserves, resources and
drive. How do you survive in business today without your
computer (or maybe it's when your cell phone drops in the lake
or your Ipod gets lost)?
There were three parts to my personal survival. They are:
A. Resourcefulness -- When things don't go your way, you can
have a pity party and choose to be paralyzed. Or you can decide
to dig in to your reserves and available resources to propel you
forward in spite of obstacles. I start with a simple question:
What's the most important thing that needs to be done now and
how do I do it (options)?
It's a matter of choosing to get the work done and keeping your
priorities in order, or using this problem (any problem) as an
excuse to procrastinate, or wallow in self-pity, or give up.
B. Intestinal Fortitude -- This was my father's term for the
drive, determination, guts, stamina and the like to find a way
or make a way when you hit a roadblock. Intestinal fortitude
keeps you going because the vision is clear, your passion is
unquenchable and you are a winner - and winners never quit.
Of course when a glitch happens, what matters is how you handle
it, not deny it. Handling a problem head on, gives you an action
plan. Action puts you in control. When you are in control, the
fear and panic can't
control you.
If a glitch with your computer is enough to put your whole
business at risk, maybe you need a dose of intestinal fortitude
to make some hard decisions to reduce that risk in the future,
e.g. strategic investments in your infrastructure, etc. Look at
the cost of the investment compared to the direct cost or
opportunity costs of a week offline (think salaries, sales,
customer loyalty, customer satisfaction, product delays, and
shipping delays).
C. Planning -- In this case, I was indeed lucky. The three days
after the disk crash had already been blocked out to work on my
three-year vision and budget to get there and the detailed plans
for 2006. My schedule was already cleared of appointments,
deadlines or correspondence.
As business owners, we all need some reflection time to lift our
sights and take a longer view of where we are going, otherwise,
it's possible to short-change yourself and the business.
The silver lining of my system crash was that without my own
computer, I couldn't be tempted to procrastinate or avoid the
soul-searching and reflection this process requires. I was able
to really concentrate on what I want to do professionally and
personally for the next 12-36 months.
Putting a timeline to the vision and goals accelerates the
business momentum and recharges my batteries for the next 90
days to set it all in motion. Try it.
About the author:
Kerri Salls, MBA runs a virtual business school to train,
consult and coach small business CEO's and entrepreneurs in 10
key strategies to make more profit in less time. Learn more at
http://www.breakthrough-business-school.com/products.html or
sign up for a free weekly newsletter at
http://www.breakthrough-business-school.com/newsletter.shtml
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| Strategic Planning (in nonprofit or for-profit organizations) |
| Adapted from the Field Guide to Nonprofit Strategic Planning and Facilitation. ... First, a Point About For-Profit and Nonprofit Strategic Planning ... |
| www.managementhelp.org |
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| Basic Description of Strategic Planning (including key terms to know) |
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| www.managementhelp.org |
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| Strategic Planning · Fundraising · Financial Management · Risk Management · Credit Card Acceptance. The FAQs (Frequently Asked Questions) listed on this ... |
| www.allianceonline.org |
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| Strategic planning - Wikipedia, the free encyclopedia |
| Strategic planning involves defining objectives and developing ... Strategic planning uses "the big picture" to pursue large scale, long term objectives. ... |
| en.wikipedia.org |
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| 08/26/96 STRATEGIC PLANNING |
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| Strategic Planning Society: Strategy Development and Implementation |
| Strategic Planning Society: Strategy Development and Implementation. |
| www.sps.org.uk |
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| Guide 7 |
| Strategic Planning in Smaller Nonprofit Organizations ... In short, as a result of a strategic planning process, an organization will have a clearer idea of ... |
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| STRATEGIC PLANNING MANUAL |
| File Format: PDF/Adobe Acrobat - View as HTML |
| Your browser may not have a PDF reader available. Google recommends visiting our text version of this document. |
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| BPubs.com: Strategic Planning & Business Planning Articles |
| Business Publications related to Corporate Strategic Planning. |
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| Strategic Planning Tools |
| Strategic Planning is a method for positioning an organization to take ... A strategic planning process incorporates an in-depth planning model that takes ... |
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| Center for Simplified Strategic Planning, Inc. |
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| LEADERSHIP: Strategic Planning and Strategic Management |
| Introduction: Is strategic planning really worth it? ... The purpose of strategic planning is to encourage thinking about your organization's "big ... |
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| The CEO Refresher Archives - Strategic Planning |
| When done right, the integrated strategic planning process can take a ... Strategic Planning and Project Management: The Key to Successful Implementation ... |
| www.refresher.com |
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| HEFCE : Publications : 2000 : 00/24 - Strategic planning in higher ... |
| This guide reviews good practice in strategic planning in higher education (HE). It originated in a consultation exercise which we held in 1998 to review ... |
| www.hefce.ac.uk |
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| The Association for Strategic Planning |
| The Association for Strategic Planning (ASP), is a non-profit professional society whose mission is to enable people and organizations to succeed through ... |
| www.strategyplus.org |
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| Amazon.com: Strategic Planning for Nonprofit Organizations: A ... |
| Amazon.com: Strategic Planning for Nonprofit Organizations: A Practical Guide and Workbook: Books: Michael Allison,Jude Kaye by Michael Allison,Jude Kaye. |
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| Amazon.com: Simplified Strategic Planning: A No-Nonsense Guide for ... |
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