A good "test” of a great strategy is how often you say NO. A really solid and well-thought out business strategy means that you’re saying NO more than you’re saying YES…to new opportunities, new people AND potential new clients.
Take this short quiz (courtesy of the speakers at the Fortune Leadership Summit in Orlando a week ago) and see!
Someplace between $5M and $25M, most companies hit "the wall", and executives feel like they’re running in place – no matter what they do to try and grow their businesses. Not a straightforward or simple task as many of you know. Predicting, delegating and managing effectively take more than having the right talent.
At a CEO dinner that I attended last night, Craig Burris, the President and Founder of SmartCEO magazine, asked me a thought-provoking question that led to an intriguing dinner conversation amongst our table members. “What is your personal mission?”, he enquired. And quickly followed that up with, “And what’s your vision for your company?”
The election is next week. The holidays are close behind, and 2013 is just around the corner. And yet many companies still don’t have a formal strategic plan on the books OR a meeting scheduled to create a strategic plan and align their team.
