Strategic planning, and the goal setting that goes along with it, might seem like a waste of time. But even if your business is thriving now, it’s important to keep an eye on the future. And that means long-term strategic planning that includes SMART goals.
When strategic planning, one important question to regularly ask is: Just how competitive are we anyway? Objectively making this determination entails scrutinizing key factors that affect profitability.
It’s essential to your company’s survival to find time for strategic planning.
Now is the perfect time to take a critical look at your company and make some earnest promises about improving profitability in 2018.