Showing posts with label business planning. Show all posts
Showing posts with label business planning. Show all posts

Friday, February 8, 2013

Who are the Key Stakeholders in your business?



As every business is different, so too will the stakeholders in a business vary. Recognising whom your business depends on is essential because they will determine your success.

Stakeholders are a group of individuals or groups with an interest in the success of your business. The stakeholders in a typical business can include:

·   Customers or clients
·   Staff members
·   Suppliers
·   You the business owner(s) or Shareholders.
·   Business partner(s)
·   Your spouse
·   Your family

So who are the Key Stakeholders in your business?

If you have yet to identify them, may I suggest you to start to determine yours as soon as you can!

By knowing the Key Stakeholders in your business, you can begin to produce a successful set of strategies that will help your business grow.

Why?

It’s because your business is dependent on your key stakeholders.

Stakeholder management is vital for the success of any business.  Without key stakeholders a business cannot remain competitive.

Market research will inform you of your target audiences’ needs and expectations, which in turn will determine the specific goals and objectives of your business. Thus, aligning your business with your customers’ needs through specific strategies will ensure business success.

Want to learn more about Your Key Stakholders  in your business?


It’s as simple as 1... 2... 3...


2: Come along to the ArtSHINE workshops in Sydney: workshops@quantumcompass.com.au

3: Contact Vinh for a no cost, no obligation coaching session:

Vinh direct on  0410 636 138Vinh@QuantumCompass.com.au


or go to: 




Thursday, November 15, 2012

Don't wait til the NEW YEAR, Make Tomorrow Today!




Don’t wait until the new year to plan your business goals for 2013...

Make Tomorrow Today; and plan it now!

                                                                                                                            ~Pablo Picasso 

Here’s a quick approach to planning in your business.

CASH FLOWS: Take some time now to review your current cash flows and make some projections for where you’ll see yourself in three to six months. When we work with our clients we look forward in three month blocks as it keeps us all in touch with the day to day and month to month fluctuations in the business.

SEASONALITY: Understand the nature of your business. Look at how demand and cash flows varied over the course of last year, and think about how this seasonality will play out in the new year. Project your sales and cash flows accordingly.

TIME OUT: When you plan and project your cash flows, map out your “time out “ too. You are a critical part of your business, so it’s important that you’re looking after yourself. By planning ahead and building in some “down-time” you will always be able to afford to take a break knowing your cash flows are still manageable.

GOALS: It’s the time to set your goals and business strategies to support your cash flow.

If you want to reach a goal, you must ‘see the reaching’ in your own mind
before you actually arrive at your goal” Zig Ziglar

EXISTING CUSTOMERS: Plan your sales strategies. Ask yourself how you can retain your existing customers and come up with new ways to encourage them to spend more with you.

NEW CUSTOMERS: Plan and implement steps to introduce new clients to your business. Focus on your your “competitive niche”. Ask yourself why would someone want to buy your products or services? How can you best communicate with them?

Want to learn more about planning for the new year the Quantum Compass way?

It’s as simple as 1... 2... 3...


2: Come along to the next “Action Planning” workshop.
    E-mail Quantum Compass: ActionPlanning@QuantumCompass.com.au  for details of the      
    next half day session near you.

3: Contact Vinh for a no cost, no obligation coaching session: 


 

Wednesday, December 21, 2011

Make Tomorrow Today!



Download Happy New Year 2012 HD Wallpaper from ZoomCatch Easy and Free

Don’t wait until the new year to plan your business goals for 2013... Make Tomorrow Today; and do it now!

Here’s a quick approach to planning in your business.

“Our greatest lack is not money for any undertaking, but rather ideas,
If the ideas are good, cash will somehow flow to where it is needed.”
                                                                                                   -Robert H. Schuller

CASH FLOWS: Take some time now to review your current cash flows and make some projections for where you’ll see yourself in three to six months. When we work with our clients we look forward in three month blocks as it keeps us all in touch with the day to day and month to month fluctuations in the business.

SEASONALITY: Understand the nature of your business. Look at how demand and cash flows varied over the course of last year, and think about how this seasonality will play out in the new year. Project your sales and cash flows accordingly.

TIME OUT: When you plan and project your cash flows, map out your “time out “ too. You are a critical part of your business, so it’s important that you’re looking after yourself. By planning ahead and building in some “down-time” you will always be able to afford to take a break knowing your cash flows are still manageable.

“If you want to reach a goal, you must ‘see the reaching’ in your own mind
before you actually arrive at your goal” Zig Ziglar

GOALS: It’s the time to set your goals and business strategies to support your cash flow.

EXISTING CUSTOMERS: Plan your sales strategies. Ask yourself how you can retain your existing customers and come up with new ways to encourage them to spend more with you.

NEW CUSTOMERS: Plan and implement steps to introduce new clients to your business. Focus on your your “competitive niche”. Ask yourself why would someone want to buy your products or services? How can you best communicate with them?

Want to learn more about planning for the new year the Quantum Compass way?

It’s as simple as 1... 2... 3...


2: Come along to the next “Action Planning” workshop. E-mail Quantum Compass: ActionPlanning@QuantumCompass.com.au  for details of the next half day session near you.

3: Contact Vinh for a no cost, no obligation coaching session: www.quantumcompass.com.au/freecoaching.ph 

Thursday, May 26, 2011

What is a Vision?


Your vision must be something beyond your reach, like reaching the farthest star in the universe. It’s not that it’s impossible to achieve, but it must be more than you know you can do today.

Another great way is to set your vision of being the best in your industry, your territory or even global.

Why?

Because it will stretch you… and that’s really what will make the difference to you and your art and design business.

So, start with a VISION of where you want to be.

Your vision is not a goal… It’s actually  your purpose or your  intention….

It’s more of a Legacy

It’s your WHY!

It should … Enrol, Inspire & Empower!

It should bring out your:

  • Core Value
  • Desire, Passion Purpose (Your DPP)
  • Envision the Future

Want to learn more about how to create your Vision for your art & Design Business?

It’s as simple as 1... 2... 3...
 
2: Send an e--mail Quantum Compass: vision@QuantumCompass.com.au and receive your PDF "How to create your Vision"
 
3: Contact Vinh for a no cost, no obligation coaching session: http://www.surveymonkey.com/s/ArtShineDiscovery


Image Source From Essential Leadership

Thursday, December 9, 2010

Setting your goals in 2011


The Quantum Compass
OPIC system
for creative professionals 



"Make Tomorrow Today" TM

“Always bear in mind that your own resolution to succeed
is more important than any other one thing.”
- Abraham Lincoln

Believe it or not there are only 3 weeks left in 2010. With the festive season starting next week, they are sure to go by quickly. At this time of year many of our clients are setting  their business goals for 2011 and ready to  execute  them in the New Year, If you want a great  start  and ready for the new year, I suggest ACTING now!

Now’s probably the best time to be thinking seriously about where you are on your journey, and to re-assess where you want to be.

This is our quick guide to setting some goals for yourself. Detailed goals that are realistic and achievable. Goals that, while specific and measured, are still exciting and inspirational.

Here at Quantum Compass we work with our clients on what we call the “OPIC” system.

OPIC stands for:  Objective, Planning, Implementation, Ccommitment

Now let’s look at each point starting with your objectives...

Think about what you want to achieve, what area you want to focus on. There are all sorts of things that you could focus on; personal goals, or business goals. 

Get very specific with your objectives. Be very clear on what it is that you want. Visualise what is is that you’re aiming for. And remember to write you goals in the present tense as if you have already achieve it too.

The next step in this process is the planning step.

Think about all the steps you need to take to make your goals a reality. Again, it’s about being specific. What resources will you need, and how will you best use them?

Write each action step in sequential order.

If your goal is broad, make sure you break down the task into small little steps.

Implementation.This section where you can plan to delegate too. Look at your objectives and your plans. As you roll out those plans and start taking action, think about what you could be delegating to others to be doing for you.

It’s in this step that there’s a real opportunity to create new ways of doing. To create new systems.

Remember to always have measurable validation points at this stage.  
“Setting goals is not the main thing. It's deciding how you'll go about achieving them and staying with that plan.”
                                                                                    - Tom Landry.

Finally, without commitment nothing will really happen. You can write as many goals as you like. You can have all the action plans, and have all the measurable validation points as you like. But you’ll never succeed in your goals without commitment.

Commitment is about firming your mind and launching yourself towards your goals with no hesitation or fear. It’s about making the decision that nothing will stop you or hold you back. It’s about deciding that every road-block or obstacle in your path is merely another step towards your objective.

With a commitment from your heart, together with your dedicated actions towards your objectives you’ll find your dreams, your passion, and your purpose.

Want to learn more about goals and action planing the Quantum Compass way? 

It’s as simple as 1... 2... 3...

2: Come along to the next “Goal Setting” workshop. E-mail Quantum Compass (insert link: GoalSetting@QuantumCompass.com.au ) for details of the next half day session near you.

3: Contact Vinh for a no cost, no obligation coaching session. www.quantumcompass.com.au/free-coaching.php

Pure Leverage

You Might Also Like:

Related Posts with Thumbnails