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The document outlines a strategy for developing a vision, goals, and recommendations. It suggests stating the long term vision and desired goals and objectives. It also recommends summarizing the current situation, providing relevant historical context, and listing alternative strategies with their advantages, disadvantages, and costs before making a recommendation and identifying action items.
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For instance, imagine you own a small bakery. Every time a customer buys a cupcake or you purchase ingredients like flour and sugar, those transactions are recorded in your business diary. It’s a straightforward way of keeping tabs on your bakery’s financial story, making sure nothing slips through the cracks.How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
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Graphicsslideshow
- 1. Ideas for today and tomorrow Recommendinga Strategy
- 2. •State the vision and long term direction. Vision Statement
- 3. •State the desired goal. •State the desired objective. •Use multiple points if necessary. Goal and Objective
- 4. •Summary of the current situation. •Use brief bullets, discuss details verbally. Today’s Situation
- 5. •Any relevant historical information. •Original assumptions that are no longer valid. How Did We Get Here?
- 6. •State the alternative strategies. •List advantages & disadvantages of each. •State cost of each option. Available Options
- 7. •Recommend one or more of the strategies. •Summarize the results if things go as proposed. •What to do next. •Identify action items. Recommendation