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business move planning Tagged Articles
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Relocate for cost reasons or to access qualified employees or support?
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| It is certainly possible for a business to cost justify another facility, instead of or in addition to, in order to gain access to qualified employees, specialized vendors, or support; to optimize location-sensitive costs, community incentive / tax combination, and regulatory climate.
In addition to this informative article, my Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance for this management strategy.
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Merger or consolidation; facility actions help it succeed
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost.
But don’t overlook facilities and operation, where all the plans and expectations must come together or the new entity won’t function.
In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
My Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance to facility planning.
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Consolidate or merge a checklist
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost. In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
In addition to this informative article, my Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance for this management strategy.
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Other business move planning Related Articles
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Your Estate Does Matter
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| In my business coaching and strategic thinking and planning consulting work, I have found too often that the owners and managers of small to medium size businesses frequently fail to do adequate estate planning and lack suitable estate planning documents. The lack of effective planning can result in costly probate proceedings or unnecessary estate taxes. Therefore, my real mission with this article is to try to convince you that “your estate does matter!” and you need to make sure you have committed to take the needed action to get your estate planning in order now.
I believe it is fair to say that business owners and managers do not intentionally plan to neglect this type of planning. |
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“The Top Ten Reasons Strategic Planning Meetings Fail, According To Your Strategic Thinking Business Coach”
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| Strategic planning is an awesome and powerful process that sometimes gets a bad rap because of some bad experiences people have had when engaging in some form of strategic planning meetings. Many times the combination of personal agendas, absence of open minds, and preconceived judgments about the strategic planning process can turn strategic planning meetings into real disasters. And frankly, there are many reasons why so many strategic planning meetings are unsuccessful. Your Strategic Thinking Business Coach has developed a list of the top 10 reasons why strategic planning meetings fail. And the Top 10 Reasons are: |
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Succession Planning: Planning for the Future Success of the Organization
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| Simply put, succession planning is the act of focusing on the future of your organization as it relates to the “people” side of the business. Typically, most people think of succession planning as it relates to replacing a retiring CEO; however, it can be equally crucial to extend succession planning to the entire management team and other key employees. Proper succession planning could mean the difference between a viable, thriving organization and one that could quickly go out of business.
For most companies, succession planning is certainly on the “to do” list, but many don’t focus on it until it’s too late. There is no right or wrong process to follow – it’s more a matter of timing. Do it sooner rather than later is the key.
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Ten Major Fears That Scare Small Businesses Away From Strategic Planning
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| An often offered comment to me when I speak about strategic planning to small business owners and managers is that their company or organization is too small for strategic planning. Or they will offer any number of other excuses why they do not use strategic planning for their business. In my opinion, this is a sad commentary on the thinking of these small business people. They do not realize or comprehend that their business or organization is on a pathway to the business graveyard without a strategic plan. Well, I really believe if the truth were told, the real reason they do not do strategic planning is related more to fear than anything else. Your Strategic Thinking Business Coach offers the following ten major fears that drive small businesses away from strategic planning. |
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9 Steps to Succession Success
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| When it comes to the planning for the transition of a business, good things do not come to those who wait. Those who do often find themselves feeling the pressure of a ticking clock, caught between needing to move quickly and immobilization.
Good agents understand that long-term success means more than selling insurance for immediate needs; it means keeping an eye on that clock for clients’ businesses as well as their own agencies. They begin to think of insurance in a different light: insurance for the business’ legacy.
If you are thinking about, and planning for, the next phase of your – or your client’s – firm, taking the following steps will help you move quickly toward the goal, and assure smoother sailing in the process. |
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The Marketplace is Changing, Is Your Business Standing Still?
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| Big shifts are taking place. What does it all mean to you and your business? The strategic planning process offers a set of tools to help you logically think through complex business choices. Read about some concrete ways on how to move forward with confidence |
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End of Recession Integrated Business Planning
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| Surviving the economic downturn is easier said than done. However, with integrated business planning, that is planning and remediation of company processes across all departments towards mutual goals, your business' chances of survival are much stronger. Learn how to implement this powerful planning tool at your business and reap the benefits of a more streamlined and resilient organization. |
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Planners vs. Actors: How to find a profitable balance between over-thinking and jumping the gun
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| Are you doing without planning or planning without doing? Both quick action and over-planning are problems. In order to have the best-executed strategy that will lead you to your goal, planning and expedient action are both critical. Ask yourself, can I plan more, or should I do more? Somewhere in the middle is probably the right answer. |
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What's Wrong With Your Corporate Planning Process?
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| Does your corporate strategic planning process consistently deliver the outcomes you expect or has strategic planning been devalued (literally or figuratively) within your organization due to its declining efficacy?
Corporate planning in today’s rapidly-changing and uncertain business environment requires a strategic planning process that empowers organizations to achieve operational excellence on a day-to-day basis while also planning for the future. If your corporate planning process has lost its luster, consider what may be wrong. |
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How to crystalize business growth options through Strategic Planning
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| What is it? Why do strategic planning? When is the right time for strategic planning?
Strategic Planning is a tool to formulate high level business strategy. It sets the table to allow preparation of detailed business plans.
Strategic planning is undertaken to define the precise mission of the organization, prioritize opportunities and help manage growth. It is also a very useful tool in satisfying succession planning needs.
Most strategic planning is undertaken to establish base guidelines for a business plan. It also provides the benefit of helping maximize resource utilization and prioritize growth options. |
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