It may be the last stage of the strategic process, but it’s the most important. You’ve spent significant time and effort developing market intelligence and building a plan, but a poorly written plan that’s well executed is still more successful than a good plan that is poorly executed. In the third of our 3 part series on planning we cover the execution stage.
Can you imagine working for a company where employees frequently had to make exceptions to get things done? Or where deadlines were constantly being missed?
It takes great skill to run a business effectively. Too much or too little control can result in failure. However, finding the right balance is achievable if you know what to look for.
Whether you’re a new entrepreneur or the leader of a Fortune 500 company, doing business today presents universal business challenges. Managing the complications globalization, increasing regulation, new technology, a fast-moving economy and now a pandemic all require precision and expertise.
Navigating a dynamic and complex business world is no easy task. If you have been in business any length of time your company has managed to overcome all kinds of issues and challenges. As you face new challenges there is a good chance some of those trials will be best addressed with the help of outside assistance.