Articles
Success requires a vision. If you already have that vision but don't seem to be getting any closer to attaining it- Why is that? This article explores the phase of personal growth required to reach your vision for success.
Strategic partnerships are a great way to augment your resources with talent you cannot afford, but can not expand with out. The key is finding benefit for both parties and creating a formal "win-win" relationship. The problem is often people don't do enough planning up front and someone gets burned in the end.
The answer is yes, if you know what to do to get there before you start. The problem is many of us set a goal with no idea how to achieve it. Then we just keep doing the same thing wondering why we don't get a different result.
Writing a business plan is really just a mechanical process. The reason it seems so hard is most people haven't answered 2 critical questions before they start -- "what" and "why". The first question "what" gives you the target that you're shooting for. The second question "why" gives you the compelling business reason to do the "what". It's your drive; your motivation!
Accelerating profitability means more than just cutting costs and reducing head count. While these strategies give you short-term increases in profits, they will eventually lead to slowed growth and reduced revenue. These strategies are defensive postures. They are used to dig in and entrench companies. You use these tactics like a turtle uses its shell – as protection against predators. When you use defensive tactics, you are making a statement that your company is prey to the outside environmental drivers that affect your business.
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