Local Business Expert Offers Planning Insight
If you own a business, it’s easy to get stuck in the motions of day-to-day operations and neglect the planning process. Successful companies almost always take the time to strategize and make steps they can follow to reach their ultimate goals. If you feel like your business is stuck in place, or you want to avoid plateauing, partnering with a business coach who can help with strategic planning is a great step to take.
As a business coach who serves the Tacoma, Washington area, including the cities of Orting and Puyallup, I have worked with companies of all sizes and industries to help them reach their full potential. Because I have vast experience in the corporate world, I help my clients by combining my knowledge with their passion for their industry. Some services I assist with are leadership training, marketing assistance, time management, staffing, and much more.
While I provide services based on the needs of my clients, one area which I almost always cover with them is how to effectively craft a strategy for their business. In the sections to follow, I will discuss a few steps I take when offering strategic planning consulting. Hopefully this gives you a better idea of how I can help your business thrive.
Establish Your Goals
The first step in any planning session is to establish what you want your company to look like. This involves determining where you want to be in one, five and ten years, but also how you want to get there. Part of this section of strategic planning not only involves goal setting, but also should include a discussion of your company’s values and the impact you want to make on your community and your employees. Once you have a vision for the future, you can start creating steps to get there.
Analyze Your Processes
Once you know your goals, the next step is to determine if you are currently operating in a way which will allow you to reach them. This is a big perk of bringing in a business coach. A coach can view your current process, policies, procedure, and team with fresh and trained eyes. This review of your process can lead to new and more efficient ways to conduct your business, and these changes are a great way to start moving toward your goals.
Know Your Market
In addition to looking internally, planning involves looking at your market and seeking chances for growth, as well as threats to your company. By knowing your market, you will have a better idea if expanding your territory, introducing a new product, acquiring another company, or any other strategic move would be beneficial to reaching your goals.
Track Your Progress
Planning is great, but if you abandon the plan after you start it was a waste of time. Part of the planning process should involve a discussion of benchmarks and how you will analyze your success moving forward.
If you think strategic planning assistance could benefit your organization, please feel free to contact me today. I am confident we can help take your company to new heights.
