Deciding on your Strategic Approach -- pursuit of opportunistic or prescriptive strategies -- is an essential element of strategic planning.
The RIGHT business software can be transformational when carefully selected and implemented, but the WRONG business software can crush morale, jeopardize organizational goals and create a resource-sucking vacuum. So, how can you take the first steps in the RIGHT direction?
If you own a small business, it's likely that you are familiar with the frustration of struggling to grow to that next level. Establishing your brand and an operating model that works are big hurdles for a young small business. Once these are achieved and the business is established, however, it can be difficult to know where to look to continue to grow.
Finding an extra 30 minutes in the day can be difficult enough to do. So, finding an extra 3-4 hours a week to voluntarily give away... why even consider it? With the ever-increasing social demand to work over 40 hours a week while dedicating enough time for your family and health, it's easy to see why volunteering becomes a low priority. There's just not enough time in the day for it.
A professional golfer and his caddie study a golf course prior to the start of a tournament. They collect important information in order to make better decisions and to prepare strategies for how they will play the course. In a similar way, a professional executive will proactively prepare for strategy formulation before making important strategy decisions.