5 Strategic Questions You Can Use Today
While working with one of my stealth clients on their list of 10 strategic blind spots, they saw how strategic objectives without hard numbers had allowed prior management teams to avoid accountability.
As I listened to them detail their observation to me, it reminded me of why Weight Watchers® back to the basics numerical objectives consistently tracked yield results.
While moving forward during 2013, do you have what you need to make or keep your company successful? Have you put your business resolutions in place? How do you plan to measure the success you’re planning to have this year?
If the key facts and measurements you need to run your business and accomplish strategic objectives aren’t readily available, you may have a hard time keeping track.
CNN.com (among many others) stated the #1 New Year’s resolution people make is to lose weight and get in shape. If you think diets are a tough haul, try successfully executing a change in strategy or business model…
Think about all those tens of thousands of businesses that vow each January to make the same “dieting” promise? If your business needs to trim down and get back to the basics in its books, now is the time to answer 5 key questions.
1. How readily available are key facts and measurements to maintain progress toward your business’ success this year?
2. If a potential investor approaches your company, are you ready with your facts and figures?
3. How confident are you in reporting on your company’s market share and its funding sources?
4. How confidently can you report that resources are being used efficiently?
5. And finally, is your fiscal fitness data in good shape and ready to be shared with a potential investor?
If you or a colleague needs a weight watcher style overview, process or coach to make this the year to attain your dream fiscal and financial weight, call.