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Multiple Users and Uses of a Milestone Chart
Founder: Thinking in terms of milestone events can help you see the
big picture of your entrepreneurial journey and organize your strategies,
activities and your available resources into a logical sequence of stages
and steps.
Venture Manager: Milestone-based thinking helps you create the most
effective strategic business design of your venture, align it strategically,
and define the priorities at each stage of your company’s development,
growth, and operations.
Entrepreneurial Team: The milestone chart provides strategic
alignment, strategic motivation, and intermediate stretch goals, and helps
streamline ideation, strategic creativity and intellectual teamwork.
Venture Marketer: Externally, the milestone chart serves as a
30-seconds introduction of the venture to potential strategic partners and
funders. It shows what you are attempting to do, why it is important, and
how each activity relates to the required level of support and/or funding
and to the likely payoff.
VC Investors: The milestone chart facilitates quick understanding of
what the startup has achieved so far and what it is planning to achieve in
future.
Strategic Manager: The milestone chart
helps move effectively towards the
strategic intent while and applying a
holistic,
synergistic, and
balanced approach to business
systems and
practicing
results-based leadership.
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