Out-Thinking the Competition
This no non-sense workshop will present the Best Practices by your Members in Tough Economic Times. We will look at cost controls, planning for your company's future, sound decision-making processes commonly used, industry challenges, and positive action to make that work. For example, consider diversification that makes sense, increasing your market share, quality and customer service improvement, staying put and retrenching, positive controlled expansion and mergers. Additionally, we will explore the ultimate accountability process that provides opportunity for growing your company by as much as 15% in the next 18 months. Lastly, we will discuss the 10 principles of success discovered by Mike Henning in his 27 years of consulting to some of the most successful privately-owned companies in America. During our roundtable session we will learn how they can be applied positively to your current situation.
Highlights include:
- How to capitalize on strategic thinking.
- Learn the six interdependent steps between family and business planning.
- Examine the eleven questions to be considered regarding the owning family.
- Learn the basic elements necessary to create a road map for your company.
- Develop a mission statement, objectives and goals.
- Sample the 17 questions of strategic planning.
- Learn to develop attainable goals that match the owning family's values with marketplace opportunities.
- Learn how to select and develop a strategic planning team.
- General profile: Examine strengths, weaknesses, threats and opportunities.
- Learn how to develop action steps, assign responsibility, time frames & commit the necessary resources.
- Develop operational procedures.
Intended for:
Owners, managers and directors will benefit from this program. Achieving results in a competitive market is our goal.
Duration:
This program is designed to last from 1 1/2 to 3 hours.
The "Fit":
The need for planning emerges at a predictable point in the company's evolution. For example, the market stops growing and sales rates level out or decline. New competitors enter the market such as discount stores or direct mail. Industry technology changes dramatically or the size of the company reaches 75 to 150 employees. This program is directed at industries with companies who need revitalization with the full support of the owning family.
Alternative Titles:
- Business Planning for the 21st Century
- Developing a Regeneration Game Plan For Your Business
- Choosing Profitable Growth
- Managing Growth, Transition and Change