Philip Walcoff - "The Fast Forward MBA in Business Planning for ...

More documents

Recommendations

Info

Philip Walcoff - "The Fast Forward MBA in Business Planning for Growth"If affordable, hire personnel or reainconsultants with proposalwriting skills.Issue 3. We don't sufficiently train our management and staff.Selected Response OptionImplement an employee-trainingprogramAction ItemsJ. Lechter: Survey employees toidentify training needs and briefT. Boss by 5/15.J. Lechter: Gather info re trainingcompanies by 5/15.Issue 4. We lack a structured management organization, authorities,reporting mechanisms; no clear picture of the organization and lines ofauthority; who's in charge?Selected Response OptionPrepare management positiondescriptions describing roles,responsibilities, and authorities—include objectives defined in yourbusiness plan.Develop and distribute anorganization chart.Action ItemsF. Smith: Gather format forposition descriptions and brief T.Boss by 5/2.T. Boss: Develop companyorganization chart with briefdescription of roles by 5/2.Issue 5. We need to develop budgets and rates and a system to trackthem.Selected Response OptionDevelop a budget and manage itthrough regularly scheduledreviews.Action ItemsJ. Lechter: Contact J. Numbers(CPA) re a financial system auditby 4/19.Retain an expert to support thedevelopment of the budget.file:///C|/Documents and Settings/gasanova/Local Setti...orward_MBA_in_Business_Planning_for_Growth/e-book.html (146 of 219)16.02.2005 13:54:23
Philip Walcoff - "The Fast Forward MBA in Business Planning for Growth"Page 130the first steps toward implementing the issue responses. Again, each action item shows what's going tobe accomplished in the nearterm, who's responsible for doing it, and the action item's completion date.These examples of action items stemming from the selected responses provide an indication of how youwill develop your own set of action items to address your own issues.What Your Action Plan AchievesYour action plan puts you on the road toward achieving your annual objectives and addressing theissues your company is facing. These nearterm activities clearly identify who's responsible forachieving certain results in a specified timeframe. This last element of your business plan is highlycritical and must be vigorously acted on by the entire management team.End PointWith the development of the tactical elements of your business plan (your annual objectives and actionplan), you have now completed the first two steps of the planning process—defining your issues anddeveloping your plan. The final step is to manage the plan you have just completed. Part 4 describes theprocess you should incorporate in the running of your business to ensure that you appropriately manageyour business plan to success.Page 131PART 4—MANAGE THE PLANLots of folks confuse bad management with destiny.—Ken HubbardThis part describes Step 3 of the planning process—managing the plan. Three chapters provide youwith an effective approach to managing your business plan to success.file:///C|/Documents and Settings/gasanova/Local Setti...orward_MBA_in_Business_Planning_for_Growth/e-book.html (147 of 219)16.02.2005 13:54:23
Page 5 and 6:
Philip Walcoff - "The Fast Forward
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96: Philip Walcoff - "The Fast Forward
Page 145: Philip Walcoff - "The Fast Forward
Page 195: Philip Walcoff - "The Fast Forward
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
show all

Philip Walcoff - "The Fast Forward MBA in Business Planning for ...

Create successful ePaper yourself

Delete template?

Save as template?