What do chess and business strategy have in common? A heck of a lot if you ask me…
In this episode, I walk through my process of treating strategic business planning like a game of chess…thinking more than 3 moves ahead and you’ll win at successfully achieving any business goal you set for yourself.
Highlights of this episode:
- 01:18 Why strategic planning is a lot like planning and playing a game of chess
- 03:33 What 3-4 moves you’ll make to set and achieve your business goals
- 04:20 Why you need to start with your long term goals
- 06:45 Why you need a WHY as your starting point
- 07:35 Why the B-word (budget) shouldn’t freak you out
- 08:49 How to break down your goals into a strategy and an action plan
- 10:27 What to consider and the questions to ask yourself when reviewing and breaking down your goals
- 11:15 Why you have to keep asking yourself questions and making adjustments to your action plan
- 13:50 What two KPIs determine your conversion “runway”
- 18:02 What strategies should you include in your action plan
- 20:03 How often you should check-in and when you should pivot or stay the course
RESOURCES
Kill The Vanity Metrics Challenge
Money Matters Checklist
Resources List
WORK WITH COMMON CENTS
Virtual Accounting, Bookkeeping & CFO Services
Courses & Programs
Templates
Planners & Printables
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Want to chat and hangout with me, Joyce? You can find me on Facebook, Instagram or Twitter…as @thecommoncents.
You can find all the links and additional show notes at: https://www.thecommoncents.com/podcast
