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Strategic Thinking and Business Planning

If you don't know where you are going, how are you going to know when you get there?


You Wouldn't Leave Home Without It!
Would you go on a long road trip, to a place you have never been, without planning your trip and looking at a roadmap?   Of course not!

Then why do 62% of all business owners run their business without a business plan?  Let's take it a step further - 75% of those business owners who have a plan, don't use it.  Not having a plan is like going on a year long road trip without a roadmap.  Without your roadmap, not only would you get lost along the way, but it would take forever to get to your destination - wherever it is you are going.

The Ugly Truth About Business Successes
Most business owners don't have a 'roadmap' for building and growing their business!  Is it any wonder that so many businesses fail?  There are over one million new start-up businesses each year.  Of those, 40% fail in the first year and 80% fail in the first five years.  The second five years weed out 80% of the remaining few, leaving just 4 out of every 100 companies after 10 years.  These are staggering statistics!


Successful Organizations are Aligned Organizations!
It's been proven time and time again that those who succeed in business and in their personal lives are those who:

  1. Set specific goals with timeframes;
  2. Define specific strategies and steps for achieving their goals, and;
  3. Frequently review where they stand in relation to their goals.


We believe that businesses succeed and grow by creating loyal and satisfied customers, but it doesn't just happen.  It takes a focus on creating an organization and people that work well and who are focused on the end goal.

In order to create your 'ELATED CUSTOMERS', the Operations and Management Systems within your organization must be in alignment with your overall Business Strategy and Goals.  Your Strategy is the foundation for creating your roadmap to success.

 


2300 Main Street, Suite 900 Kansas City, Missouri 64108 (P) 816.448.3777 (F) 816.318.9883 (E) advice@dovetailadvisors.com

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