January 26, 2017

Strategic Planning: Ways to Ruin Your Business Strategy

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There are small business owners that struggle with the concept of business strategy. They never seem to be able to get it clarified or to work a strategy consistently. If you are having trouble in working with a business strategy for your small business, have a look at following steps that will lead you to ruin your business strategies. You may explore the web if you are in search of marketing consultants in Bangalore.

1) Have no clue what a strategy is.

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If you avoid learning about strategies and strategic planning, it becomes so difficult to understand it. You need to make sure that you take less or no time to figure out strategic planning.

2) Never take the time to plan.

If you're too busy in running the business, you need to make sure that you do EVERYTHING so that there's no time to plan. Who has the time to plan? There's always all that "firefighting" and rearranging the deck chairs to be done.

3) Don't keep your focus on your strategy.

Be distracted by "crises", daily life, "the economy", business news, or client problems. Let anything take you off track. Stay emotionally upset and non-productive.

4) Make a strategy but NEVER execute it.

Print it up neatly and put it on the shelf with neat lettering on the binder spine. Don't take the first step or a single action. Feel guilty every time you look at that binder, but forget about it the rest of the time.

5) Market to a "fantasy market" that only exists in your imagination.

Insist that hordes of people demand what you offer – though reality doesn't validate this. Refuse to bend about your target market convictions – no matter what your actual results are. Build your whole strategy around this fantasy.

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