Planning Fundamentals

Planning Fundamentals 1: Form Follows Function

January 20, 2010

(Author note: I’ve been asked to go over some business planning fundamentals, and maybe collect those into a series. Consider this a first installment.) Your business plan isn’t necessarily a document; it’s what you want to do in your business or organization, what’s supposed to happen, and why. It’s a combination of goals, directions, long-term [...]

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Business Plan? Marketing Plan? Compensation Plan? Oh My!

November 30, 2009

I like this post. Compensation Plan? Business Plan? Marketing Plan? Which is it? It makes sense. I don’t know the site — realnetworkmarketing.com — but I couldn’t resist reproducing the business plan and marketing plan art, with links back to the original post, of course, because this isn’t my work. Nice touch, though. This is [...]

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The 6 Most Expensive Words in Business

July 24, 2009

I saw this on Twitter yesterday, posted by Meghan Biro: Remember that the six most expensive words in business are: “We’ve always done it that way.”–Catherine DeVrye She makes a good point. In my 30+ years in business I’ve seen way too much of “we’ve always done it that way” and I’d like to think [...]

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How Does Innovation Fit into a Business Plan?

February 23, 2009

This is the third of four answers to questions I got in email last week from an MBA student asking my opinion as part of his research. The question is the title: how does innovation fit into a business plan?…

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5 Points on Business Planning and Imminent Change

February 20, 2009

How do you develop a business plan when change in the industry is imminent? This is the second of four questions I got last week from an MBA student doing research. The first became my post yesterday on what makes…

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8 Factors that Make a Good Business Plan

February 18, 2009

This is the first of four answers to interesting questions. Yesterday I got an email from an MBA student asking me four questions. It’s part of his research. I balked at first, because I think I’ve answered these questions before,…

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Empathy as a Key to Business Success

January 13, 2009

Note: this is a slight modification of a column I wrote for the Eugene Register-Guard. My mother used to say: “put yourself in the other person’s shoes.” She gave a lot of good advice. Nowadays we call this idea empathy,…

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Updating a Classic: Great Minds, and All That

October 8, 2008

Noah Parsons linked me over to Updating a Classic: Writing a Great Business Plan, on the Harvard Business School Working Knowledge site. Sean Silverthorne interviews William Sahlman, author of How to Write a Great Business Plan, “one of the most…

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Jing: Cool Tool, and Here's a Sample

August 19, 2008

Jing’s an interesting example of keeping it simple. Do one thing well, no frills necessary. John Jantsch of Duct Tape Marketing tipped me off (thanks John) with a recent post. I picked it up quickly and did the quick mini…

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10 Rules for Valuation

December 7, 2007

(Note: I posted this on Up and Running yesterday. I’m crossposting it here for reader’s convenience. – Tim) I really don’t like the word “valuation”; it sounds too much like an MBA buzzword. But I like even less the general…

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