The April issue of our periodic email newsletter
to clients and friends has been posted to our website at Companies in Transition - April 2008. The theme of this issue is planning for profitable growth and includes the following articles:
- 7 Keys to Planning for Profitable Growth - The business planning process is really about clearly defining who you are, what you want to do or accomplish, how you’re going to do it and by when, and with what result. It’s a process of asking yourself and your management team a few simple questions; thinking about, researching and agreeing on a set of answers; and then getting on with whatever those answers suggest you should do. Remember the old saying, “If you fail to plan, you are planning to fail.”
- Do you have too many good ideas? - In the rush to create new products and services, solve problems, and improve operations, companies sometimes create too many good ideas. How can that be?!
- Crafting Effective Manager Compensation Plans - Many owner/CEOs struggle to develop effective managerial employee compensation programs that don't also break the bank. Here are some thoughts.
Later this week, we will begin a series
illustrating through case examples some of the keys to planning for profitable growth.
Comments