How To Maintain A More Effective And Efficient Mission Strategy

How To Maintain A More Effective And Efficient Mission Strategy

Smart Business Thinking by Jim Whelan

A question posed to us at Smart Business Thinking, you urge us to keep revisiting our strategy so that it speaks to the pressures and needs of current day and near-term circumstances. What is the process we should use?

The cornerstone of analyzing your plan is to be aware of underlying trends in those areas that have an. influence on your business. What are the keys you must employ as you work toward your mission?

Let’s look and see how this would apply.

·      Do you operate in a local, national, or international arena?

·      Is the base of your key activity holding steady, shrinking, or expanding?

·      What are the underlying reasons for the current trend?

·      Is the trend likely to continue or change in the near future

As you formulate your view of what may change in the future, you should think about possible courses of action that are (or may be) available. What effect in one of the key actions have on others?

To provide you with a concrete example of a method of assessing the implication of current and possible near-term changes, the next post How To Maintain A More Effective And Efficient Mission Strategy – Part 2 will be an actual report I made to a nonprofit board. It will give you a sample of pressures to be reviewed and possible effects on the organization.

Bottom Line?

You are not in the business to foretell the future. Your responsibility is toe maintain an awareness of your environment and think about the possible moves you could make if there is a shift.

Jim Whelan, experienced executive, coaches business owners on Strategic Business Choices, Written Goals, Value and Mission Statements that actually Improve Results. With Jim’s coaching, New, Small, and Troubled Businesses develop Operational Plans, Future Contingencies Focused on Outcomes and an Exit Strategy.