Tag: company

  • Re-evaluate Your Company’s Competitiveness in a Changed Economy

    Re-evaluate Your Company’s Competitiveness in a Changed Economy

    Just about every business owner’s strategic plans for 2020 look far different now compared to how they looked heading into the year. The COVID-19 pandemic has changed the economy in profound ways, forcing many companies to recalibrate suddenly and severely. As your business moves forward in this uncertain environment, it’s important to re-evaluate competitiveness. You…

  • An Implementation Plan Is Key to Making Strategic Goals a Reality

    An Implementation Plan Is Key to Making Strategic Goals a Reality

    In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably say the first part, coming up with objectives, is relatively easy. It’s that second part — accomplishing those goals — that can really challenge a company. The key to turning your strategic objectives into a…

  • Devote Some Time to Internal Leadership Development

    Devote Some Time to Internal Leadership Development

    Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain. But there’s at least one other success factor that many business owners often overlook: internal leadership training and development. Even if all your executive and management positions…

  • Use Benchmarking to Swim with the Big Fish

    Use Benchmarking to Swim with the Big Fish

    You may keep a wary eye on your competitors, but sometimes it helps to look just a little bit deeper. Even if you’re a big fish in your pond, someone a little bigger may be swimming up just beneath you. Being successful means not just being aware of these competitors, but also knowing their approaches…