TKG Strategic

Your business has a strategic plan and you have been implementing it for a while. Now you may wonder what is next. Most strategic plans have traditionally been written for a three to five year time frame. Plans usually do not go longer than five years because the rate of change is so rapid that it is hard to reliably predict outcomes at five years or longer. In fact, it is more common today to have strategic plans that go out only three years.

If your strategic plan has been in place for one or two years, you may only need to review the progress to date and make appropriate adjustments. If you are approaching the third year of your strategic plan, it is time to revisit the planning process and write a new comprehensive plan. Contact me to schedule the new plan development.

When a business decides to pursue the development of a strategic plan, they will want to obtain the services of someone to facilitate the process. And that is exactly what that individual does – facilitates! They will guide the steps in the strategic planning process and assist in capturing the outcome of the work of the business team.
But it’s the business team who defines the strategic plan and its components. It is unique to the business developing it, meets the timeframes that are compatible with that business’ activities, and rolls out through the efforts of the business team. If you would like a facilitator for your strategic plan, contact me today.

It’s been often said that the only constant thing is change! We all live in a dynamic world where change is a daily part of our lives. For some, it’s no big deal to adapt to changes. For others, it is very difficult. In the middle are most of us who will readily admit that we can take some change but really don’t enjoy a whole lot of it.

Businesses are not exempt from the impact of change. New rules, new technology, new delivery processes, new employees, new products/services, and new (you fill in the blank) . It happens every day to some extent. But there are ways to manage it more effectively.

One way is to be proactive, rather than reactive. Strategic planning processes provide a proactive direction for the business so that anticipated changes are included in the roll-out of the strategic plan as much as possible. The business can then prepare for the change and position itself to meet the corresponding challenges. Contact me today if you would like to meet change in your business in a positive way.

Tough economic times challenge most businesses. During such times, one often hears media discussions about approaches businesses can take to stay viable. The underlying suggestion is for the businesses to be creative! What does that mean and how is it done?

It means that new approaches for providing the business product or service may need to be considered. It means that the regular methods of marketing may not be effective. It means that cooperative ventures may need to be explored with competitors. It means that the business team may need to brainstorm to find expenses that can be reduced without downsizing employees.

A business with an active strategic plan will know what areas are essential to continue developing for their business and what the goals are for that development. They have a vision of where the business needs to be, in spite of the economic climate. They also know where they can make changes in their approaches to meet the current challenges and still keep the business vision in sight. They also know where they can change priorities in business strategies but still keep strategies for later development. Because the business team was involved in creating the strategic plan, their creativity becomes an asset in modifying it as needed. Contact me today to facilitate the development of your strategic plan.