Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog

facility strategic planning Tagged Articles



Relocate for cost reasons or to access qualified employees or support?
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.

Merger or consolidation; facility actions help it succeed
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.

Consolidate or merge a checklist
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.

Other facility strategic planning Related Articles

“A Major Communication Tip For Successful Strategic Planning – Provide Definitions of Major Strategic Planning Terms As You Begin”
One of the key elements in any endeavor is clear communications. This is especially true when doing strategic planning. So, my major communication tip to ensure more successful strategic planning efforts is to first provide basic definitions of major terms used in the strategic planning process. Having written definitions to hand out to all participants at the start of the process will help ensure that everyone knows the meaning of the terms being used throughout the strategic planning process facilitates this. Here are the definitions of major strategic planning terms that have served me well in all of my strategic planning efforts over more than 25 years.

“The Top Ten Reasons Strategic Planning Meetings Fail, According To Your Strategic Thinking Business Coach”
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:
Ten Major Fears That Scare Small Businesses Away From Strategic Planning
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.
Preparing for the Strategic Planning Retreat - A Checklist
Every nonprofit organization should conduct strategic planning on a regular basis, as strategic plans outline what action steps the organization will take in the future to sustain and grow their operation, while adhering to their mission. Many organizations focus attention on conducting the strategic planning session and developing a plan, but don't allocate sufficient time to prepare for the planning retreat. Taking time to adequately prepare for a strategic planning session can help the actual event to run much more smoothly and efficiently, resulting in greater productivity. This article provides a checklist of items to consider in preparing for your next strategic planning retreat.

Writing Business Strategy Plans
Build a Strategic Planning Team- engage a cross-functional planning team to represent each department's needs. Hold a kick-off meeting to set strategic planning goals, schedule meeting times, and get organized for the planning process. Introduce the Balanced Scorecard Approach- review and distribute our Research Note "Map Strategy with Balanced Scorecard" to provide a framework to work from. Develop a Strategic Planning Charter- use our Project Charter template to document the goals and objectives for the planning process, and set plan completion timelines. Document Strategic Planning GAPS- evaluate your current strategic planning process and add GAPS to our GAP Analysis Tool under the Strategy tab. You will be using this GAP Analysis Tool through the entire strategic planning process, so consider distributing this tool to the wh
What's Wrong With Your Corporate Planning Process?
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.
Today’s Definition of Strategic Planning
A quick Google search for definitions of strategic planning will yield numerous variations. Often these definitions point to the blatant misunderstanding of what strategic planning truly is. At other times the term is flat out misused. In the end, we find that strategic planning lacks a widely accepted definition. It seems everyone in the field of planning has a different view on the exact definition. Yet, the definitions we most embrace, convey in one form or fashion, that the idea of strategic planning is to build and sustain competitive advantage by defining desired outcomes and creating some sort of go-forward plan to achieve those outcomes. This article offers a modern definition of corporate strategic planning.
A Lesson in the History of Strategic Planning
When today’s business leaders think of strategic planning they are likely think of the planned strategic and organizational actions and innovations that will be used to maintain and build competitive advantage. In fact, an entire industry is built around strategic planning services and consulting to support these efforts to build advantage over ones business competitors. But strategic planning wasn’t always thought of this way. So how much do you know about the history of strategic planning?

How to crystalize business growth options through Strategic Planning
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.
The Truth About Why So Many Strategic Plans Don’t Get Executed
Last week I was asked the question by a client prospect, “so how many retreats will we be doing as part of the strategic planning process?”. That got me to thinking about just how many of these retreats are probably happening in hotels across the U.S. this fall. Strategic planning retreats are a joke in terms of producing meaningful strategic plans, yet every year companies go through this ritualistic planning process. The problem is, virtually all of these so called strategy retreats provide very little value in terms of desired strategic planning outcomes.
Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Fighting the Saw-Tooth Affect

Build Corporate Credit for Your Small Business

Five Ways to Show Honest Appreciation
Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.