The Business Bulletin Issue #4 - Focus On Strategy & Personal Development

Page 13

Creating a strategy for your business Strategy can be a

Putting together a strategic plan isn’t

mission statements can be pretty

scary word for a small

as difficult as you may think – it doesn’t

meaningless; possibly because they

have to be “War & Peace” and in some

have been created for the wrong

business. However,

cases may even be condensed to a

reasons and don’t resonate with

having a clear strategy

one-page basic outline of what you’re

employees or customers.

looking to achieve.

for the direction of your business can help you make clear decisions about where you want your business to be.

So let’s crack on and show you how to put one together.

Vision Your vision should outline where you want your organisation to be or

Where we start may be considered a

how you want to be perceived in the

bit namby-pamby for a small business

domain in which you operate – this

and you may see it as something for

could be an idealised view of the

corporates: it’s creating your vision

world from your perspective. It’s a

and mission! Now I appreciate that

long-term view and concentrates on

you may have worked for a bigger

the future. It could be the basis of why

company. Often the vision and

you’re in business.

Issue 4 – Strategy and Personal Development | 13


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