[?] Subscribe To This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines


Home
Family Biz Blog
Fam Biz Help Desk
E-zine
About Us
ASK THE EXPERT
Family Biz Institute
Don Schwerzler
Conflict Solutions
Testimonials
Fam Biz Consultant
Telephone Consult
Contact Us/ Privacy
Chaos Busters
Mission Statements
SWOT Analysis
Manage Change
Family Biz Forum
Succession Mgmt.
Family Trivia Game
Succession Survey
Family Biz Retreats
Advisory Board
Business Valuation
Alcoholism
General Aviation
Family Feuds
Divorce Strategy
Private Investigator
True Crime Stories
Family  Loans
Innovation
Family eBusiness
Build a Web Biz
LOCAL Business
Project Mgmt.
ISO 14000 EMS
Risk Management
Business Plans
Free HR Forms
Outsource Payroll
Communication
Leadership Test
4 Ps of Marketing
ghost writer
Business Finance
Financial Mgmt
Family Biz Profiles
Foundations
Parent & Adult Kids
ODS-OL
ERP
Family Biz Articles
Recommendations
Immigration
SBR
Estate Planning
QuickBooks
Self Help
Human Resources
Nepotism
HR Forms
Haiti Help
Corp Governance
Site Map

Strategic Planning Software

Strategic Planning and the Family Business

Strategic planning software can help answer this question:

What is the Secret To A Successful Family Business?

The answer, of course, is Knowing and Understanding how the values of the family drive the strategic planning process for the family and the family business!

It is important to understand that strategic planning for a family business should be a two step process to accommodate what we call the "dualism dynamic".

Simply put, if a family business owner wants to be successful doing strategic planning for the family business, FIRST develop a strategic plan for the family. In other words, the strategic planning process for the family should be driving the strategic planning process for the family's business.

Strategic planning is a process for a business family to more clearly define the purpose of the business, define the goals and objectives of the business, and to determine the best strategy for implementation. Strategic planning software can be a useful tool to organize the planning process.

Major Benefits of Strategic Planning

Key Priorities - strategic planning will ensure the resources of the family business targets objectives that yield the highest return on the investment of people, time and money.

Building Consensus – strategic planning will help determine the best way to grow the company, increase profitability and to increase shareholder value.

Team Building – strategic planning provides a family business with a clearer focus that will enable management to become more efficient and more effective

Professionalizing the Management Style – strategic planning will help move the business from a “seat of the pants” family business to a better organized and a "smarter" run business.

Succession Management – strategic planning for the family and the business are the best strategies to increase the odds for a family business to successfully transition to the next generation of leadership and ownership.

Business Continuity – strategic planning provides a management template should the owner of the business die or become incapacitated. Having a strategic plan and a formal succession plan in place that has been approved by the family will ensure the family business will be better positioned to survive catastrophic events.

Strategic planning is a simple and straight forward success strategy for every family business. Strategic planning software is simple to use and affordable.

Unfortunately, for many family-owned businesses,“fighting fires” is how priorities are determined. But operating a business by “fighting fires” robs the business owner of the time and energy needed to take the business to a higher performance level – to reach the true potential of the business.

Your Business Future: Success or Failure?

98% of all businesses in the industrial world are small businesses (25 employees or less).

90% of all small businesses do not practice any form of strategic planning.

87% of small businesses fail every year.

(US Small Business Administration)

BOTTOM LINE - The lack of strategic planning is the main cause of small business failure.

The major reason family business owners do not engage in strategic planning is a lack of time to devote to planning.

Traditional strategic planning methodologies were designed for very large companies and are complex and time consuming.

There are a number of strategic planning software options available - we recommend that family business owners find one that suits the needs of their family business.



Do you have questions about your Family Business?
Don't have the answers - don't know who to ask?
It's FREE to
ASK THE EXPERT

Contact the

FAMILY BUSINESS HELP DESK

Reply within 48 hours.


http://www.family-business-experts.com/cms-form.html




Chaos Busters - The Management Guide

Identifies 160 Key Business Questions
  • 160 Key Business Questions will stimulate creativity and innovation for your entire management team!


  • 160 Key Business Questions are the keys to unlock the hidden potential of your organization!


  • 160 Key Business Questions will save you time and make your work more effective!


  • 160 Key Business Questions is a Multi-purpose tool with unlimited applications!

http://www.family-business-experts.com/chaos-busters.html


How Well Organized is YOUR Organization?

Your Business Will Succeed...

If...

You have The Roadmap for Success

That's What

The Practitioner's Guide for Organizing an Organization
Is All About

  • PGOO shows how to identify the most pressing problems to solve
  • PGOO introduces the ODS-OL (Organizational Diagnostic Survey –Online) - an electronic assessment tool that is highly effective, easy to use, systematic and data-based
  • PGOO explains how to produce a better-organized organization
http://www.family-business-experts.com/PGOO.html




Family Business Experts Understands
Family Values
and Business Systems




Please stay in touch and subscribe to our Ezine
Understanding Family Business



Return from Strategic Planning Software to Family Succession Plan





footer for strategic planning software page