Kmart and Sears - Defying Botton-Line Gravity

Every once in awhile someone comes along to rewrites the accepted rules of their business. Henry Ford redesigned auto making. Woolworth rewrote the rules of retailing. Today Sears and K-mart have a business strategy defying the rules of the bottom-line.

How Significant is Marketing Strategy for Businesses?

Every successful business started with a very good marketing strategy that made it more competitive with other businesses in its field. It does not mean that successful business shave more resources to start with. However, these businesses are the ones who knew how to maximize whatever resources they already have and used them to their advantage.

The Get CLEAR Process for Business Success

Have you been struggling to reach your goals and achieve the level of success you desire and deserve? Then use my Get CLEAR Process to get the results you want.

Asset Management in the Supply Chain

Over the last decade more and more companies have implemented returnable and reusable transit packaging fleets and pools, whether it is pallets, tote bins, steel stillage, cages or even wooden crates. What is guaranteed is that these fleets require a capital investment, (whether directly or by a fleet / pool provider), and should be protected as you would any other company asset.

Finding Vision And Courage - One Man's Dilemma Shows What You Need

One man's dilemma shows what you need

Business Plan - The Executive Summary

The executive summary is one of the most important parts of a business plan, especially when you want to attract potential investors.

Seven Strategic Actions To Deal With Change And Uncertainty In Business And Life

Dealing with and handling change and uncertainty is one of the major challenges each of us faces in today’s world. And we face it in our business and personal lives. It can be said that change and uncertainty arrive together and that most people find it much more difficult to manage and endure ambiguity and waiting than to deal with changes as they happen. And, in my opinion, on thing is certain – each of us will face some type of change and uncertainty at multiple times during our life. So, what are some strategic actions we can take to deal with this change and uncertainty? Your Strategic Thinking Business Coach researched this question and developed seven (7) strategic actions to recommend dealing with change and uncertainty in business and life.

Major Communication Tip For Successful Strategic Planning - Define Strategic Planning Terms First

One of the key elements in any endeavor is clear communications. This is especially true when doing strategic planning. So, my major communication tip to ensure more successful strategic planning efforts is to first provide basic definitions of major terms used in the strategic planning process. Having written definitions to hand out to all participants at the start of the process will help ensure that everyone knows the meaning of the terms being used throughout the strategic planning process facilitates this. Here are the definitions of major strategic planning terms that have served me well in all of my strategic planning efforts over more than 25 years.

Business Plans - Are They Really Necessary For Success?

Every successful business needs a business plan right? Isn't steering your business directly into unknown waters dangerous? Maybe, maybe not...

Open A Dollar Store - Strategies to Cut Freight Costs

Freight costs should be an area of focus for those who open a dollar store. Always be aware of how much freight is actually costing. Be sure to do everything possible to reduce freight costs. Some methods for reducing freight costs include...

Assumptions Continue to Derail the Best Strategic Business Plans

What assumptions do you live and breathe within your business without knowing them? How are these assumptions creating dissatisfied customers?

Open A Dollar Store - How to Reduce Freight Costs

Knowing how to successfully reduce freight costs is a required skill for every person who is about to open a dollar store. Freight costs add significantly to the cost of good sold. As fuel prices increase, freight costs tend to increase as well. Fortunately there are several steps that every business owner can take to help reduce freight costs for their business.

The Adventure of Business Planning

Creating a business plan is not a favorite for many entrepreneurs. This article transfers the process of planning for an adventure to creating an exciting business plan.

Melbourne Business Planning

Melbourne Business Planning - When it comes to running your Melbourne business you can use all the help that you can get. Why? Because the more help and support that you receive in relation to planning your business, the stronger networks that you build for your business, the better your chances of success.

Clearing Up The Myths About Strategic Thinking and Planning

I continue to be amazed at the amount of misinformation and the number of myths that exist about strategic thinking and planning. During my entire career, I have heard business owners, senior executives and not-for-profit board members and executive directors utter “mythical” statements about strategic thinking and planning. And I have observed that these same people truly believe that these myths are reality. My purpose in writing this article is to share what I believe are the 5 biggest myths and also provide some insights into what I believe are the 5 biggest “realities” of strategic thinking and planning.