|
Enterprise
Planning
Enterprise planning is a collaborative approach to
the production and setting of organizations business
objectives. Managers at
various levels in the organization should be involved in the planning process thus
engendering an ethos of ownership and buy-in from those individuals targeted
with achieving the planned objectives.
Lessons
from Jack Welch
3Ss
of Winning in Business
Self-confidence:
Self-confident people
don’t need to wrap themselves in complexity and all that clutter that passes
for sophistication in business. Self-confident
leaders
produce
simple
plans, speak simply, and propose big clear targets...
More
Business Plan
Business plans are an important test of clarity of thinking and clarity of
the business. It is important that everyone involved in your effort has a
clear understanding of your objectives. A good plan achieves that.
Business plan is typically designed
for either or both of the following purposes:
-
To establish a framework for
management to use as they pursue the enterprise objectives
-
To convince an investor that a
capital investment in the enterprise's business is a sound financial
decision...
More
Venture
Planning
Operations generate today's value,
while
ventures creates tomorrow's opportunities. The primary difference
between operations planning and venture planning is uncertainty. There
are
four keys to
good venture planning:
-
Focus on one venture at a time
in one business area at a time.
-
Discover the opportunity
first, and then evaluate how to exploit it.
-
Develop three cases good, bad
and likely for each scenario of a venture concept.
-
Identify what type of venture
you want. Each type has an entirely different model,
implementation and end result. Each demands a different
entrepreneurial
approach and each requires different management and style..
More
|
