Note: Running Fridays in FromGregsHead.com, is a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on KPRC 950AM. Audio files can be found on the PKF Texas – Entrepreneur’s Playbook® page of the PKF Texas website.
What is your company’s plan for taking advantage of opportunities in 2010? As we near the end of the year, have you scheduled an executive retreat to strategize with the key players in your company?
A retreat is an opportunity to get away from the office to focus on your business with your management team.
Using tools like a force field analysis, waste reduction process or one page plan help identify your management team’s ideas to improve the business. They also aid in creating an implementation plan for any new systems or processes.
Consider bringing in a facilitator to assist with structuring your discussions and stimulating new conversations. The facilitator can also serve as a third party to hold you and your management team accountable for the action items that stem from the retreat.
These meaningful conversations about the future of your company are a critical component of what will help your business continue to grow.
You may download white papers about the tools mentioned at www.pkftexas.com/RTP.