Friday, August 27, 2010

Business Planning

BUSINESS PLANNING: A Coach's Perspective on the Process

When it comes to business planning, I see a spectrum where on one side are people who love thinking about possibilities, strategizing and analyzing options, often spending hours, days, weeks dreaming about what's to come, planning -- and not implementing. On the other side are people who hate the boring, time-consuming and sometimes paper-work laden process of planning in business and so they procrastinate it indefinitely or participate half-heartedly only when mandatory.

There is a zone in the middle where business people explore possibilities, create a plan, implement the plan, achieve goals, and reap the rewards. How can you participate fully in business planning so you experience these valuable gains without wasting time? It's actually pretty simple.


GREAT EXPECTATIONS

From my perspective, the most important facets of business planning are