Photo courtesy of Editor B(CC Attribution) What is strategic planning? It is the process of defining a business strategy. What is strategy? Michael Porter defines strategy as “The creation of a unique and valuable position, involving a different set of activities from competitors.” Strategy is useless if not well executed. All too often, strategic […]
You can have the best plan in the world on how to reach the mountaintop, but if you don’t start walking you will never get there. A good strategic plan is necessary but not sufficient for success. While most executive teams develop inspiring, motivating and well thought out strategic plans, most companies tragically fail […]
What is Strategy? The Learners definition of Strategy according to Merriam-Webster is: a careful plan or method for achieving a particular goal usually over a long period of time Jack Welch says ‘Strategy is NOT a lengthy action plan. It is the evolution of a CENTRAL IDEA through continually changing circumstances”. While Strategy is certainly […]
One of the warning signs of trouble in a company is when the sales pipeline becomes thinner and less robust. The sales cycle gets longer and forecasting becomes difficult. So is there a magic pill that can fill the pipeline? Unfortunately no. However there are remedies that can help your sales team get back on […]