Rebuilding a broken business

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  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • (c) Copyright SkyView Partners, Corp, 2005. All Rights Reserved.
  • Rebuilding a broken business

    1. 1. REBUILDING A BROKEN BUSINESS
    2. 2. What it takes to turn a business <ul><li>Clear Vision </li></ul><ul><li>Understanding the market trends </li></ul><ul><li>Core capabilities </li></ul><ul><li>What others are doing (competition) </li></ul>
    3. 3. Why Does Your Business Exist? (Purpose) Extraordinary Growth #3 Employees #1 Owners #2 Customers Evolution Customer-Driven #1 Customers #3 Employees #2 Owners Revolution #1 Employees Workforce-Driven #2 Owners #2 Customers Owner-Driven (Profit) (Growth) (People)
    4. 4. Mission, Vision, Values & Principles Mission “ Why do we exist?” Vision “ Where are we going?” Values “ What do we stand for?” Principles “ How will others know?” Actions Goals Purpose Character Truths ( Timeless ) Applications (Temporal)
    5. 5. How Should We Live? (Values) Builds Naturally Extraordinary Performance Voluntary Commitment Trust Security OR COUNTER-PRODUCTIVITY HIGH PERFORMANCE Admissible Performance Minimal Commitment Distrust Fear
    6. 6. Values: The “Absolute” Standard vs. Acceptability Utter Brokenness Our Standard Slight Imperfection Absolutes Our Goal Legal, but Sub-Standard Unacceptable “ Above the Line” “ Below the Surface” Most Legal & Social Acceptability
    7. 7. Values: The “Absolute” Standard – Security or Fear Utter Brokenness Our Standard Slight Imperfection Absolutes Extraordinary Performance Voluntary Commitment Trust Security Admissible Performance Minimal Commitment Distrust Fear No Performance No Commitment Complete Distrust Absolute Fear Most Law
    8. 8. Vision <ul><li>Vision is a mental image of what can be , fueled by the conviction that it should be </li></ul><ul><li>A Devine Gift : Each of us is endowed with different types and amounts of ability for creating “Vision” </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    9. 9. Vision <ul><li>God intends for us to set vision for every aspect of our life </li></ul><ul><ul><li>Spiritual </li></ul></ul><ul><ul><li>Family </li></ul></ul><ul><ul><li>Career </li></ul></ul><ul><li>Those with the gift of vision, who use this gift, become leaders </li></ul><ul><li>People yearn for better “life” destinations and follow those they believe have vision </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    10. 10. Make the Vision Clear <ul><li>The clearer the vision, the fewer options there will be, and the easier decision-making will become </li></ul><ul><li>The clearer the vision, the more successful the business is likely to be. </li></ul><ul><li>Clear vision is reflected in a: </li></ul><ul><ul><li>Mission Statement </li></ul></ul><ul><ul><li>Goals </li></ul></ul><ul><ul><li>Strategy </li></ul></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    11. 11. Mission Statement <ul><li>A Mission Statement explains the purpose of your business </li></ul><ul><li>WHY do we exist? </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    12. 12. Goals <ul><li>Goals provide clarity and focus to a Mission Statement and form a measurement tool for whether the company is achieving its purpose </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    13. 13. Strategy <ul><li>Strategy describes HOW you will reach your goals </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    14. 14. Overview <ul><li>The first step in building OR rebuilding a business is to develop a clear vision for the business in alignment with: </li></ul><ul><li>Mission </li></ul><ul><li>Goals </li></ul><ul><li>Strategy </li></ul><ul><li>These all work together to enhance the chances for success by providing focus, priority and making wise decisions easier. </li></ul>(c) SkyView Partners, Inc. 2005-2010. All Rights Reserved.
    15. 15. Overall Picture: Mission, Values, Vision, & Strategy Mission Core Values Sustainable Profit Model Vision Goals/Strategy Tactics Execution Deliverables Long-Term Goals Short-Term Initiatives Immediate Action Plans Tools Business / Profit

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