17 Training Edition

Page 42

"Carefully observe oneself and one's situation, carefully observe others, and carefully observe one's environment. Consider fully, act decisively." - Kano Jigoro – Jiu-Jitsu Martial Arts Master

THE BUSINESS COACH’S STRATEGIC PLAN FOR EXTREME DISRUPTION By Paul Manning

How do I prepare a Strategic plan for the unexpected? When it comes to strategic planning, I’m often asked the obvious question: “How do I prepare a strategic plan for the unexpected?” Well, that is exactly the point! It is surprising just how many business owners have simply never written down a plan. One with enough detail to follow; with a well thought out sequence of steps to take when things aren’t going “according to plan”. In the personal development universe, the focus tends to be placed so much on a mental picture, that we can forget some of the Page 42

basics… Visualization and goal setting are at their most powerful when you write it down!

You then need to lay out the steps towards the implementation of that process.

A strategic plan is a tangible document that you can show the bank or the management team.

You established a business because you can provide a solution (product or service) to solve a problem for somebody. Your passion and purpose hopefully align with that solution.

Corporations labour over large complicated documents, SMEs who want to remain nimble should keep them concise.

Clarity of Purpose If you look up the definition of strategic planning, you will find that its purpose is “to strengthen and protect your position in the marketplace and to align the team behind a vision”.

Then your vision, values, value proposition and strategic objectives are clarified. www.coachinglife. com.au


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