Posts Tagged "OODA Loop"

What is a Business Strategy?

Posted by on May 24, 2010 in Entreprenuers | 4 comments

What is a Business Strategy?

Often overused and broad-reaching, the term strategic planning has become yet another one of those vague buzz phrases that get tossed about with little to no real understanding of what it means.  “I’ve developed an Internet strategy that will make us millions.” Simply electing to sell widgets on the Internet does not a business strategy make.  What is the market?  Who are your competitors?  Who will buy your product?  These types of questions along with many, many more provide the foundation for developing a solid strategic plan. A successful business strategy is the combination of art and science. It turns a dynamic situation to your...

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Take a deep breath

Posted by on Oct 20, 2008 in Small Business News | 0 comments

Take a deep breath

Image via Wikipedia The news and the business blogs have been telling us how bad it is out there. Nothing like a 24-hour news cycle to pound reality home. Yes, thank you. I get it. Times are tough. So, now what? Return to the basics. Last week, Sequoia Capital gathered all the CEOs of their portfolio companies together and presented its new Get Real or Go Home approach to running businesses. If you can get through all the graphs, the message is tucked away on slide 53. My guess is slides 1-52 are for those that had somehow slept through the last few weeks. Slide 53 talks about returning to the core, cutting the fat, and focusing on the bottom line. First and...

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Change is never pretty

Posted by on Jul 6, 2006 in SF Business Services | 0 comments

Change is never pretty

Image via Wikipedia “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” Charles Darwin (English Naturalist and Author of the theory of evolution by natural selection. 1809-1882) So can be said for businesses. It’s not how much capital you have (we all know companies with what seemed like unlimited capital resources that have folded) or a dominant market position that guarantees survival. It’s the ability to adapt to an ever changing market and finding opportunities in these changes. So when do you chuck the business plan and head off in a new direction? Well,...

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