Taking one step back before taking two steps forward is a good thing. Thinking and planning strategically allows you to do that. Most small companies choose not to plan, because I am not sure they know how to…
They build budgets and look at macro market factors, but articulating well-developed game plans is a different kettle of fish. And yes — prayer is commonly involved as they seek divine intervention to make the numbers work.
As companies grow, organizational values and culture corrode and evolve. Shared visions become an anomaly and there is a potential for loss of strategic direction. It is easy to lose sight of why we do what we do. To make money is the wrong answer.
I have always taught my students that it is a lot easier to grow a business, than it is to manage growth. A strong strategic focus and shared values goes a long way in allowing robust, sustainable growth.
Our strategic theme for the upcoming year? ONE TEAM. ONE VISION.
The possibilities are endless and exciting times are ahead…