What to Include in a Business Plan
•
1 like•367 views
The document outlines the key components of an effective business plan, including long-term, mid-term, and short-term sections. The long-term section includes the organization's vision, goals for how good it wants to be at providing services or products. The mid-term section covers objectives and strategies, with objectives measuring customers, employees and finances. Strategies are areas to focus on for growth. The short-term section lists priorities to help implement strategies, with clear metrics, assignments and deadlines.
Report
Share
Report
Share
Download to read offline
Recommended
Objective Setting Done Right
Make your strategy predictable with a process of objective setting, create clarity and direction inside and outside your organization.
Business Governance
This document outlines a governance playbook for businesses to define strategic direction, align teams, and monitor performance against goals. It recommends establishing vision, priorities, and metrics. Teams should set cascaded targets to contribute to overall goals. Initiatives are reviewed to ensure alignment. Gaps between targets and planned benefits are identified and addressed. Performance is monitored monthly against targets and annually against strategic plans, making adjustments as needed. A governance framework brings all elements together through regular meetings and scorecards to track progress.
Business policy ppt (levels of strategy)
This document discusses different levels of strategy for a business. It defines corporate level strategy as actions taken to gain competitive advantage through selecting and managing a mix of businesses across industries. Business level strategy emphasizes competitiveness in a specific segment through generic strategies like cost leadership, differentiation, and focus. Functional level strategy develops goals and actions for departments to support the business and corporate strategies at a ground level. The document provides examples of stability, expansion, retrenchment, and combination strategies at the corporate level and discusses cost leadership, differentiation, and focus strategies at the business level.
MBO
Target-based management involves setting time-bound targets for organizational goals and departments. For example, a company may set a target of 50% GDP for the first quarter and then higher targets of 80% or 100% for subsequent quarters. Setting specific, measurable, achievable, realistic and time-bound targets helps departments focus their efforts and promotes inter-departmental collaboration to quickly achieve results. Regular monitoring and adjustments are needed to ensure goals are met. The process involves determining targets, planning performance, implementing activities, checking progress, and evaluating outcomes.
Week 5 capstone
The document provides guidance on writing the marketing and operations sections of a business plan. For the marketing section, it instructs the writer to identify the 3 Cs (company, customers, competition) and describe how each is addressed with 200-300 words for each. It also instructs the writer to identify the 4 Ps (product, place, price, promotion) and describe how each will be applied with 150-250 words for each. For the operations section, it instructs the writer to describe the resources, procedures, and activities needed to deliver the product/service to customers and to set at least five SMART goals at specific intervals to signify success. It then provides definitions and examples of what makes a goal SMART.
Goalsetting überarbeitet
1) Complete the e-learning course "Basics of Pressure Measurement" by understanding all content and reaching as many points as possible.
2) Increase my knowledge of pressure measurement through setting short, medium, and long-term goals related to the course and my career.
3) Formulate my professional career goals using the SMART criteria to make them clear, measurable, and achievable.
Goalsetting überarbeitet
This document discusses setting goals for an e-learning course on pressure measurement. It encourages the reader to write down short, medium, and long term goals related to the course and their career. The goals should follow the SMART criteria of being specific, measurable, attainable, realistic, and time bound. Formulating goals this way helps provide direction, focus, and a means to track progress.
Objective Setting Workshop [1]
Management tool used to assist managers in their process for planning and achieving goals, targets and objectives.
Recommended
Objective Setting Done Right
Make your strategy predictable with a process of objective setting, create clarity and direction inside and outside your organization.
Business Governance
This document outlines a governance playbook for businesses to define strategic direction, align teams, and monitor performance against goals. It recommends establishing vision, priorities, and metrics. Teams should set cascaded targets to contribute to overall goals. Initiatives are reviewed to ensure alignment. Gaps between targets and planned benefits are identified and addressed. Performance is monitored monthly against targets and annually against strategic plans, making adjustments as needed. A governance framework brings all elements together through regular meetings and scorecards to track progress.
Business policy ppt (levels of strategy)
This document discusses different levels of strategy for a business. It defines corporate level strategy as actions taken to gain competitive advantage through selecting and managing a mix of businesses across industries. Business level strategy emphasizes competitiveness in a specific segment through generic strategies like cost leadership, differentiation, and focus. Functional level strategy develops goals and actions for departments to support the business and corporate strategies at a ground level. The document provides examples of stability, expansion, retrenchment, and combination strategies at the corporate level and discusses cost leadership, differentiation, and focus strategies at the business level.
MBO
Target-based management involves setting time-bound targets for organizational goals and departments. For example, a company may set a target of 50% GDP for the first quarter and then higher targets of 80% or 100% for subsequent quarters. Setting specific, measurable, achievable, realistic and time-bound targets helps departments focus their efforts and promotes inter-departmental collaboration to quickly achieve results. Regular monitoring and adjustments are needed to ensure goals are met. The process involves determining targets, planning performance, implementing activities, checking progress, and evaluating outcomes.
Week 5 capstone
The document provides guidance on writing the marketing and operations sections of a business plan. For the marketing section, it instructs the writer to identify the 3 Cs (company, customers, competition) and describe how each is addressed with 200-300 words for each. It also instructs the writer to identify the 4 Ps (product, place, price, promotion) and describe how each will be applied with 150-250 words for each. For the operations section, it instructs the writer to describe the resources, procedures, and activities needed to deliver the product/service to customers and to set at least five SMART goals at specific intervals to signify success. It then provides definitions and examples of what makes a goal SMART.
Goalsetting überarbeitet
1) Complete the e-learning course "Basics of Pressure Measurement" by understanding all content and reaching as many points as possible.
2) Increase my knowledge of pressure measurement through setting short, medium, and long-term goals related to the course and my career.
3) Formulate my professional career goals using the SMART criteria to make them clear, measurable, and achievable.
Goalsetting überarbeitet
This document discusses setting goals for an e-learning course on pressure measurement. It encourages the reader to write down short, medium, and long term goals related to the course and their career. The goals should follow the SMART criteria of being specific, measurable, attainable, realistic, and time bound. Formulating goals this way helps provide direction, focus, and a means to track progress.
Objective Setting Workshop [1]
Management tool used to assist managers in their process for planning and achieving goals, targets and objectives.
Organisation planning
The document discusses organizational planning and goal setting. It provides information on different levels of goals from strategic goals set by the organization as a whole down to operational goals for individual departments and employees. It also discusses the purposes of goals and plans in providing direction, motivation and standards for performance assessment. Additionally, it covers Peter Drucker's eight content areas for developing goals and characteristics of effective goal setting including goals being specific, measurable, challenging and linked to rewards.
Objective Setting - MANAGEMENT PROCESS
Next topic on Management Process. Objective setting is critical in the management process. If the objective set is practically feasible, it is good and can be met.
3 Elements to Setting Goals By: Dustin Hatfield
The document outlines three elements needed to set goals: 1) having a vision which becomes your goal, 2) creating a plan with short-term and long-term, reasonable and manageable goals, and 3) having dedication by staying focused, driven, and not giving up. The purpose is to inform listeners how to set goals by describing the vision, planning, and dedication required to achieve success.
Baxendale Walker – Achieve strategic plan goals and objectives through effici...
The document discusses how organizations can achieve strategic plan goals through performance-based compensation. It recommends tying bonuses to both individual and group/company results that are aligned with the strategic plan's vision and mission. It also stresses the importance of clearly communicating a simplified incentive scheme so all employees understand how to earn rewards by completing difficult tasks. Finally, it notes that changing attitudes takes time, and incentives should be generous to drive changes outlined in the long-term strategic plan.
3rd skills build goals and objective setting
This document discusses time management and goal setting. It emphasizes the importance of prioritizing tasks, setting SMART goals, and regularly reviewing progress. Specific tips provided include using a to-do list to organize tasks from important to unimportant, allocating responsibilities to achieve goals, and adjusting goals if struggling to reach them rather than giving up.
Corporate Capability Flexible Staffing 12 2008
Using staffing strategically can help companies meet various business objectives like controlling costs, improving quality and throughput, and building morale. Visionary companies are revolutionizing organizational structures by leveraging their staffing functions. Some proven techniques include maintaining a flexible core staff sized to base production levels and using temporary employees in high turnover areas to reduce hiring and termination expenses. Staffing firms can also provide cost-effective benefits options to payrolled or temporary personnel to further reduce a company's benefits costs.
Performance Planning and Management Process for Managers
An introduction to the purpose, concepts and components of Performance Planning and Management. We look at tools for both business unit and individual employee performance.
PMS
The document discusses performance management systems and how they are used to ensure organizational goals are consistently met efficiently. It provides details on how performance management focuses on improving the performance of employees, departments, and processes through activities like establishing objectives, providing feedback, and evaluating performance. The overall goal of performance management is to manage employee performance by identifying strengths and weaknesses and coaching employees to improve their performance and continually enhance the business.
AiZtech's Goal Setting System_Public Version 2019
We developed and tested a company goal system (OGR's) that Im sharing here in case it might be helpful for you as well. It revolves around making the most of a moment of our collective attention in the work setting. We cannot afford to spend a moment of attention on the wrong priorities or timing or settings.
mission India consultancy best job provider every sector every field
The document outlines the agenda for a management orientation school day. It includes:
1. A test on previous learning and discussions on understanding months worked and compensation.
2. A review of understanding man-months, the purpose of regular recruitment in building experience and meeting business goals.
3. Details on how regular, quality recruitment is key to increasing productivity and performance through higher agent man-months. Maintaining focus on recruitment, quality and retention is important.
Managerial planning and goal setting
The document discusses managerial planning and goal setting. It explains that goals are desired future states and plans are blueprints to achieve goals. Goals and plans provide legitimacy, motivation, guidance, rationale, and performance standards. Goals and plans exist at different levels - mission, strategic, tactical, and operational. Effective goal setting involves specific, measurable, challenging but realistic goals over a defined time period linked to rewards. The planning process aligns goals across levels and strategies.
Become a Chief Performance Officer - Performance Management System
Become a Chief Performance Officer today! Put your people first and understand that HR's got the power
Linda CV
Linda Bracken has over 14 years of experience as a customer service team leader, most recently leading a team of 7 people. She has a track record of success in meeting targets and reducing backlogs. She is seeking a new position where she can continue developing her career and leadership skills.
Setting SMART Goals and Objectives
The document discusses setting SMART goals and objectives for planning purposes. It defines planning as establishing goals and objectives before taking action. Goals should be specific, measurable, attainable, relevant and time-based. Examples of general goals are provided, as well as how to write SMART goals by answering who, what, where, when, which, and why. Strategies and tactics to meet goals are establishing specific actions. The purpose of setting goals is to decide actions needed to achieve desired results.
Setting Goals & Commitment
This is a presentation I used when I gave a 3-hours workshop that introduces appropriate goals setting and committing to our goals.
What you must know about training & how to measure its effectiveness
this presentation is talk about to know all about training, how to give training, what be taken care how the training will be given. Training different methods. How to monitor training effectiveness. How to prepare training feedback forms etc.
Strategy Development and Execution
This document provides an overview of developing and executing business strategy. It discusses defining strategy, vision, objectives and annual improvement priorities. It emphasizes understanding the current business situation, identifying gaps, and linking strategy to policies, processes, and metrics. Tools like strategy maps and X-matrices can show these connections. Developing strategy requires active leadership participation and change management to reconcile it with daily operations. The process then repeats annually to achieve objectives and evolve the business vision over 3 to 5 years.
ActionPlanner - how it works (infographic)
The document outlines an initiative to improve follow-up using a planning and action tool. It describes three roles - senior management, middle management, and employees - who can benefit from the tool to set objectives, milestones, and KPIs, provide status updates, and take corrective actions when needed to help ensure success. Key performance indicators and progress percentages are shown for different milestones of the initiative.
Introduction to managment groups g-i - organizational planning and goal set...
This document summarizes a lecture on organizational goal setting and planning. It discusses the importance of planning, defines goals and plans, and describes different types of plans including strategic plans, tactical plans, operational plans, single-use plans like programs and projects, standing plans like policies and procedures, and contingency plans. It also outlines characteristics of effective goal setting and discusses management by objectives as an approach to planning.
Planning and goal setting
This document discusses planning and goal setting. It defines planning as thinking about activities needed to achieve desired goals based on foresight. Managers plan to offset uncertainty, focus objectives, provide a coordinated roadmap, increase efficiency, and facilitate control. Goals are future results envisioned to achieve, and plans outline how goals will be met. The document outlines different types of goals and plans and approaches to setting goals like traditional, means-ends chain, and management by objectives. It also discusses developing plans, approaches to planning like reactive, inactive, preactive, and proactive, and contemporary issues in planning like criticisms and effective planning in dynamic environments.
How to Achieve Your Goals Using the SMART Goal System
Would you hop on a flight without knowing your destination? The same applies to your business, a goal ensures the right destination is reached.
This guide will help you set clear, measurable SMART goals and put a plan in place to ensure you achieve them.
Setting the right goals and being accountable for the actions needed to achieve these has helped me to scale my business through each growth phase. I'm sharing this plan with you so you in turn can scale your business (because when you do, you'll need us on your team!).
How to Set 2018 Business Goals
The document provides guidance on setting business goals for 2018. It recommends developing long-term goals spanning 3-5 years that are aligned with the company's mission and values, and impact areas like customer service, philanthropy, and profits. Short-term objectives should then be created using the SMART approach to support achieving the long-term goals. It also stresses obtaining employee input, tracking progress regularly, and rewarding team members for accomplishing company goals.
More Related Content
What's hot
Organisation planning
The document discusses organizational planning and goal setting. It provides information on different levels of goals from strategic goals set by the organization as a whole down to operational goals for individual departments and employees. It also discusses the purposes of goals and plans in providing direction, motivation and standards for performance assessment. Additionally, it covers Peter Drucker's eight content areas for developing goals and characteristics of effective goal setting including goals being specific, measurable, challenging and linked to rewards.
Objective Setting - MANAGEMENT PROCESS
Next topic on Management Process. Objective setting is critical in the management process. If the objective set is practically feasible, it is good and can be met.
3 Elements to Setting Goals By: Dustin Hatfield
The document outlines three elements needed to set goals: 1) having a vision which becomes your goal, 2) creating a plan with short-term and long-term, reasonable and manageable goals, and 3) having dedication by staying focused, driven, and not giving up. The purpose is to inform listeners how to set goals by describing the vision, planning, and dedication required to achieve success.
Baxendale Walker – Achieve strategic plan goals and objectives through effici...
The document discusses how organizations can achieve strategic plan goals through performance-based compensation. It recommends tying bonuses to both individual and group/company results that are aligned with the strategic plan's vision and mission. It also stresses the importance of clearly communicating a simplified incentive scheme so all employees understand how to earn rewards by completing difficult tasks. Finally, it notes that changing attitudes takes time, and incentives should be generous to drive changes outlined in the long-term strategic plan.
3rd skills build goals and objective setting
This document discusses time management and goal setting. It emphasizes the importance of prioritizing tasks, setting SMART goals, and regularly reviewing progress. Specific tips provided include using a to-do list to organize tasks from important to unimportant, allocating responsibilities to achieve goals, and adjusting goals if struggling to reach them rather than giving up.
Corporate Capability Flexible Staffing 12 2008
Using staffing strategically can help companies meet various business objectives like controlling costs, improving quality and throughput, and building morale. Visionary companies are revolutionizing organizational structures by leveraging their staffing functions. Some proven techniques include maintaining a flexible core staff sized to base production levels and using temporary employees in high turnover areas to reduce hiring and termination expenses. Staffing firms can also provide cost-effective benefits options to payrolled or temporary personnel to further reduce a company's benefits costs.
Performance Planning and Management Process for Managers
An introduction to the purpose, concepts and components of Performance Planning and Management. We look at tools for both business unit and individual employee performance.
PMS
The document discusses performance management systems and how they are used to ensure organizational goals are consistently met efficiently. It provides details on how performance management focuses on improving the performance of employees, departments, and processes through activities like establishing objectives, providing feedback, and evaluating performance. The overall goal of performance management is to manage employee performance by identifying strengths and weaknesses and coaching employees to improve their performance and continually enhance the business.
AiZtech's Goal Setting System_Public Version 2019
We developed and tested a company goal system (OGR's) that Im sharing here in case it might be helpful for you as well. It revolves around making the most of a moment of our collective attention in the work setting. We cannot afford to spend a moment of attention on the wrong priorities or timing or settings.
mission India consultancy best job provider every sector every field
The document outlines the agenda for a management orientation school day. It includes:
1. A test on previous learning and discussions on understanding months worked and compensation.
2. A review of understanding man-months, the purpose of regular recruitment in building experience and meeting business goals.
3. Details on how regular, quality recruitment is key to increasing productivity and performance through higher agent man-months. Maintaining focus on recruitment, quality and retention is important.
Managerial planning and goal setting
The document discusses managerial planning and goal setting. It explains that goals are desired future states and plans are blueprints to achieve goals. Goals and plans provide legitimacy, motivation, guidance, rationale, and performance standards. Goals and plans exist at different levels - mission, strategic, tactical, and operational. Effective goal setting involves specific, measurable, challenging but realistic goals over a defined time period linked to rewards. The planning process aligns goals across levels and strategies.
Become a Chief Performance Officer - Performance Management System
Become a Chief Performance Officer today! Put your people first and understand that HR's got the power
Linda CV
Linda Bracken has over 14 years of experience as a customer service team leader, most recently leading a team of 7 people. She has a track record of success in meeting targets and reducing backlogs. She is seeking a new position where she can continue developing her career and leadership skills.
Setting SMART Goals and Objectives
The document discusses setting SMART goals and objectives for planning purposes. It defines planning as establishing goals and objectives before taking action. Goals should be specific, measurable, attainable, relevant and time-based. Examples of general goals are provided, as well as how to write SMART goals by answering who, what, where, when, which, and why. Strategies and tactics to meet goals are establishing specific actions. The purpose of setting goals is to decide actions needed to achieve desired results.
Setting Goals & Commitment
This is a presentation I used when I gave a 3-hours workshop that introduces appropriate goals setting and committing to our goals.
What you must know about training & how to measure its effectiveness
this presentation is talk about to know all about training, how to give training, what be taken care how the training will be given. Training different methods. How to monitor training effectiveness. How to prepare training feedback forms etc.
Strategy Development and Execution
This document provides an overview of developing and executing business strategy. It discusses defining strategy, vision, objectives and annual improvement priorities. It emphasizes understanding the current business situation, identifying gaps, and linking strategy to policies, processes, and metrics. Tools like strategy maps and X-matrices can show these connections. Developing strategy requires active leadership participation and change management to reconcile it with daily operations. The process then repeats annually to achieve objectives and evolve the business vision over 3 to 5 years.
ActionPlanner - how it works (infographic)
The document outlines an initiative to improve follow-up using a planning and action tool. It describes three roles - senior management, middle management, and employees - who can benefit from the tool to set objectives, milestones, and KPIs, provide status updates, and take corrective actions when needed to help ensure success. Key performance indicators and progress percentages are shown for different milestones of the initiative.
Introduction to managment groups g-i - organizational planning and goal set...
This document summarizes a lecture on organizational goal setting and planning. It discusses the importance of planning, defines goals and plans, and describes different types of plans including strategic plans, tactical plans, operational plans, single-use plans like programs and projects, standing plans like policies and procedures, and contingency plans. It also outlines characteristics of effective goal setting and discusses management by objectives as an approach to planning.
Planning and goal setting
This document discusses planning and goal setting. It defines planning as thinking about activities needed to achieve desired goals based on foresight. Managers plan to offset uncertainty, focus objectives, provide a coordinated roadmap, increase efficiency, and facilitate control. Goals are future results envisioned to achieve, and plans outline how goals will be met. The document outlines different types of goals and plans and approaches to setting goals like traditional, means-ends chain, and management by objectives. It also discusses developing plans, approaches to planning like reactive, inactive, preactive, and proactive, and contemporary issues in planning like criticisms and effective planning in dynamic environments.
What's hot (20)
Baxendale Walker – Achieve strategic plan goals and objectives through effici...
Baxendale Walker – Achieve strategic plan goals and objectives through effici...
Performance Planning and Management Process for Managers
Performance Planning and Management Process for Managers
mission India consultancy best job provider every sector every field
mission India consultancy best job provider every sector every field
Become a Chief Performance Officer - Performance Management System
Become a Chief Performance Officer - Performance Management System
What you must know about training & how to measure its effectiveness
What you must know about training & how to measure its effectiveness
Introduction to managment groups g-i - organizational planning and goal set...
Introduction to managment groups g-i - organizational planning and goal set...
Similar to What to Include in a Business Plan
How to Achieve Your Goals Using the SMART Goal System
Would you hop on a flight without knowing your destination? The same applies to your business, a goal ensures the right destination is reached.
This guide will help you set clear, measurable SMART goals and put a plan in place to ensure you achieve them.
Setting the right goals and being accountable for the actions needed to achieve these has helped me to scale my business through each growth phase. I'm sharing this plan with you so you in turn can scale your business (because when you do, you'll need us on your team!).
How to Set 2018 Business Goals
The document provides guidance on setting business goals for 2018. It recommends developing long-term goals spanning 3-5 years that are aligned with the company's mission and values, and impact areas like customer service, philanthropy, and profits. Short-term objectives should then be created using the SMART approach to support achieving the long-term goals. It also stresses obtaining employee input, tracking progress regularly, and rewarding team members for accomplishing company goals.
organisation management.pptx
This document provides an introduction to key performance areas (KPAs) and key performance indicators (KPIs) for organizational management training. It defines concepts like vision, mission, goals, objectives, KPAs and KPIs. It explains that goals describe desired outcomes while objectives are steps to achieve goals. KPAs are areas employees are responsible for and KPIs are quantifiable metrics to measure performance. The document discusses how KPIs help with accountability, strategic planning and ensuring operational excellence.
Setting smart objectives
This presentation includes a comprehensive approaches to understand and apply: Planning - Organizing - and Development.
Six Steps to Business Wealth Creation!
Business Wealth Creation- Consider Pathway Partners as your Wealth Manager of the single greatest asset in your life, your business. We will determine its value today, and more importantly, create a target value for this key asset at a specific future date (typically three to seven years out). Learn more at www.PathwayPartnersLLC.com
We ensure that all the necessary tools are in place to create success and mitigate loss: KPI’s, incentive, profit sharing, strategic and business development plans. When the inevitable challenges arise, we will hold your team accountable for action plans to get the business back on track. We will be there to help the company perform at the levels necessary to attain your financial goals.
This laser focus on your company’s execution of its plan and direct and timely accountability helps ensure success. We are only successful when we help you attain your ultimate financial freedom and security. We are your Pathway Partners.
Hands-On & High Value
Our business model is different. We are not project based. We don’t charge large sums for doing projects that may or may not work. We only look for long-term relationships where we can be your partners in your success. We provide our services in a comprehensive manner based upon an affordable fixed monthly retainer. The retainer includes CEO coaching and the development of the plans, processes and management infrastructure to help ensure your success. Then we monitor monthly performance, help update the plans each year and focus on accountability toward fulfilling your company goals. We are your Pathway Partners.
Planning and monitoring work section 1
This document discusses planning and monitoring work by setting clear tasks and objectives. It covers setting SMART goals and objectives, organizing a team's work through planning, allocating tasks, and monitoring performance. Key aspects addressed include defining policies, procedures, goals and objectives; selecting team members; identifying required resources, timelines and budgets for plans; and checking that work is understood and progress is made according to the plan. Metrics and processes for monitoring and improving performance if needed are also outlined.
Basics of Planning
This document provides an overview of key concepts in planning, including definitions of planning, types of planning, the purpose of planning, and the relationship between planning and performance. It discusses elements of planning such as goals, plans, types of goals including strategic, tactical and operational goals. It also covers types of plans, SMART goals, the goal setting process, and the concept of Management By Objectives.
Chapter 07 -- Basics of planning
This document provides an overview of planning concepts including what planning is, types of planning, the purpose of planning, and the relationship between planning and performance. It discusses elements of planning such as goals, plans, types of goals including strategic, tactical, and operational goals. It also covers types of plans including strategic, operational, long-term, short-term, and more. Additionally, it defines SMART goals and explains the goal setting process and concept of Management By Objectives (MBO).
Introduction to strategic planning
Introduction to strategic planning
Dr. Salim Hajje conference about Strategic Planning, he helped many private companies & government organizations to formulate and implement their: Vision, Mission, KRA, Goals, Objectives, Tasks, Strategies &Tactics-
Types of planning, its goals and objectives.
This document discusses different types of planning including corporate, functional, operational, long term, short term, proactive, reactive, formal, and informal planning. It provides examples for each type. The key goals and objectives of planning are to bring certainty to future events, provide specific directions, allow for forecasting, bring economy to managerial operations, help attain predetermined goals, and gain an advantage over competitors. Planning turns an organization's mission and vision into measurable targets and helps ensure goals are achieved.
4 Steps to Improve the Performance of your Indirect Sales Network
4 steps to improve the performance of your indirect sales channel: planning, measuring progress, collaborate and get commitment, put it into practice (Business Relationship Management = BRM)
Planning
The first step in the strategic management process is to identify the organization's current mission, vision, objectives, and strategies. The mission statement outlines the basic purpose and reason for the organization's existence, while the vision statement looks ahead to the future goals. Goals and objectives are then formulated to be in sync with the mission statement, with goals establishing where the organization intends to go and objectives providing yardsticks to measure performance. Together, the mission, vision, goals and objectives guide the organization and provide a framework for the remaining steps in the strategic management process.
The balanced scorecard method - strategy
The balanced scorecard is a strategic planning tool used by businesses to align goals and initiatives across four perspectives: financial, customer, internal processes, and learning and growth. It was created by Kaplan and Norton to provide a more holistic view of organizational performance beyond just financial measures. Managers use the balanced scorecard to translate strategy into objectives and measures, communicate strategy to employees, link strategic objectives to budgeting and resource allocation, and monitor performance regularly to ensure goals are met.
Strategy and Tactics
Strategy involves long-term goals to advance the organization, while tactics are short-term actions to achieve sub-goals. Strategies are set by individuals accountable to the organization's health, while tactics are the domain of experts accountable for specific resources. Strategies produce long-term plans and measurements, while tactics produce deliverables using allocated people, tools, and time.
Business Plan
This document outlines the key components of an effective business plan. It discusses the benefits of writing a business plan, such as keeping business objectives clear and helping to stay on strategy. The document also describes how to approach developing a business plan, including thoroughly developing the plan and getting feedback to refine it. Finally, it lists the essential sections that should be included in a good business plan, like an executive summary, company overview, products/services, market analysis, and financial projections.
Topic 4
This document discusses performance management. It begins by defining performance measurement and management. It then discusses limitations of traditional performance measurement systems and introduces the Balanced Scorecard as an alternative framework. The Balanced Scorecard uses financial and non-financial metrics across four perspectives: financial, customer, internal processes, and learning and growth. It links objectives and measures across these perspectives to translate strategy into action. The document also discusses measuring performance for service organizations and non-profits using frameworks like the Results and Determinants model and Balanced Scorecard. It concludes by covering reward systems and their role in motivating employee performance.
balancedscorecardpresentation-090225103618-phpapp01.pptx
The Balanced Scorecard is a strategic planning and management system that monitors organizational performance against strategic goals. It was developed in the 1990s by Kaplan and Norton as an alternative to traditional performance measures that only consider financial perspectives. The Balanced Scorecard provides a balanced approach across financial, customer, internal business process, and learning and growth perspectives. It helps organizations execute strategy by translating strategic objectives into measurable goals and linking strategic measures to critical business activities.
Establishing measurable performance expectations Feb 2019 Criterion Conferenc...
Setting measurable performance expectations; involves using a methodology and :
1 Ensuring the outcome/result is written so it can be measured
2 Measures are designed for the result
3 Targets are set sensible
Pengantar manajemen stratejik
This document discusses strategic management and strategy. It begins with defining strategy, originally from a military context but also from business perspectives. It discusses the importance of strategic management and outlines the typical strategic management process of analysis, formulation, implementation, evaluation, and feedback. Key aspects of strategic management covered include developing the vision, mission, objectives and strategy on different levels from corporate to functional. The last sections discuss implementing strategies through aligning them with organizational units, developing operational plans, and cascading strategic objectives down to individual goals and action plans.
The Metrics of Project Management Performance and PMBOK
The document discusses the 3Ms approach to creating performance metrics for project management. The 3Ms include Measure, Manage, and Magnify. It provides examples of how to:
1. Measure qualitative and quantitative performance objectives and key value areas.
2. Manage systems, methodologies and programs to influence performance.
3. Magnify performance standards over time to "raise the bar".
Additional concepts covered include aligning objectives, rewarding results, defining value, and using metrics to drive organizational culture. Case studies demonstrate applying the 3Ms approach to customer service training and project delivery metrics.
Similar to What to Include in a Business Plan (20)
How to Achieve Your Goals Using the SMART Goal System
How to Achieve Your Goals Using the SMART Goal System
4 Steps to Improve the Performance of your Indirect Sales Network
4 Steps to Improve the Performance of your Indirect Sales Network
balancedscorecardpresentation-090225103618-phpapp01.pptx
balancedscorecardpresentation-090225103618-phpapp01.pptx
Establishing measurable performance expectations Feb 2019 Criterion Conferenc...
Establishing measurable performance expectations Feb 2019 Criterion Conferenc...
The Metrics of Project Management Performance and PMBOK
The Metrics of Project Management Performance and PMBOK
Recently uploaded
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
How to Start Up a Company: A Step-by-Step Guide Starting a company is an exciting adventure that combines creativity, strategy, and hard work. It can seem overwhelming at first, but with the right guidance, anyone can transform a great idea into a successful business. Let's dive into how to start up a company, from the initial spark of an idea to securing funding and launching your startup.
Introduction
Have you ever dreamed of turning your innovative idea into a thriving business? Starting a company involves numerous steps and decisions, but don't worry—we're here to help. Whether you're exploring how to start a startup company or wondering how to start up a small business, this guide will walk you through the process, step by step.
Building Your Employer Brand with Social Media
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoCorey Perlman, Social Media Speaker and Consultant
Social media for business Part 2 Deep Dive: Navigating the 2024 Slowdown
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
SATTA MATKA SATTA FAST RESULT KALYAN TOP MATKA RESULT KALYAN SATTA MATKA FAST RESULT MILAN RATAN RAJDHANI MAIN BAZAR MATKA FAST TIPS RESULT MATKA CHART JODI CHART PANEL CHART FREE FIX GAME SATTAMATKA ! MATKA MOBI SATTA 143 spboss.in TOP NO1 RESULT FULL RATE MATKA ONLINE GAME PLAY BY APP SPBOSSBest Forex Brokers Comparison in INDIA 2024
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
The Genesis of BriansClub.cm Famous Dark WEb Platform
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
Structural Design Process: Step-by-Step Guide for Buildings
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
Company Valuation webinar series - Tuesday, 4 June 2024
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Schedule Unveiled
Easily Verify Compliance and Security with Binance KYC
Use our simple KYC verification guide to make sure your Binance account is safe and compliant. Discover the fundamentals, appreciate the significance of KYC, and trade on one of the biggest cryptocurrency exchanges with confidence.
2022 Vintage Roman Numerals Men Rings
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Income Tax exemption for Start up : Section 80 IAC
A presentation on the concept of Exemption of Profits of Start ups from Income Tax
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
Recently uploaded (20)
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Easily Verify Compliance and Security with Binance KYC
Easily Verify Compliance and Security with Binance KYC
Income Tax exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
What to Include in a Business Plan
- 1. What to Include in a Business Plan MAC MCSWAIN,CPA
- 2. 1 Multi-Page Business Plan The most effective business plans contain long-term, mid-term and short-term components.
- 3. 2 Long-Term MID-TERM Long-Term Your Organization’sVision SHORT-TERM (Remains Constant for Years) =
- 4. 3 LONG-TERM Mid-Term Your Organization’s Objectives and Strategies Mid-Term SHORT-TERM (Usually Redefined Every Year) =
- 5. 4 MID-TERM Short-Term Your Priorities Short-Term (Defined and Achieved Every 30-90 Days) = LONG-TERM
- 6. 5 What Information is in Each Component of a Business Plan? Vision Priorities Objectives & Strategies LONG-TERM MID-TERM SHORT-TERM
- 7. 6 Vision How good do you want to be,at providing what, to whom and on what scale? Your vision should be measurable,achievable and inspiring. LONG-TERM
- 8. 7 Objectives These measure your organization’s success and performance. Objectives should measure customers, employees and financials. MID-TERM
- 9. 8 Use These 3 Steps to Write Your Objectives Decide what to measure - Keep it simple Determine how to measure it Determine your objective - What will make your objective successful? 1 2 3
- 10. 9 Strategies These are essential areas that you need to focus on to grow your business. MID-TERM
- 11. 10 Priorities These help you work on your strategies. Priorities must be clear and measurable. Assign people to complete the priorities with deadlines. SHORT-TERM
- 12. 11 For more information on how to write a better business plan, we recommend reading:
- 13. 12 Mac McSwain, CPA Steve Hiott, CPA If you would like some personal help with your business plan, please contact us at McSwain Hiott CPAs.