November 2023 Newsletter - Having a Strategic Mindset
As a business owner, it is ideal to act and think like a CEO. As an owner and CEO, being more strategic would be most helpful for you and your business. That said, what does being more strategic mean? It means thinking ahead, being proactive versus reactive, and having a results focus. Having a strategic mindset focus as a business owner or CEO, means the following:
1. You Understand Your Current Reality. It’s really hard to know where you are going with your business if you don’t have a true sense of where you are in your business currently. If you have a false sense of your business, it will make it difficult to move ahead.
2. You Know What You Know, And What You Don’t Know. This comes with business experience. Identify the strengths and weaknesses of the business and you. A SWOT Analysis can help with this.
3. Focusing On Your Vision, Priorities, and Goals. When building your business, the focus should be on the long game. Being proactive means thinking well beyond day-to-day. Have a long-term vision of where you want to take your company. Building results focused goals and objectives will help lay the groundwork for future success and business growth.
If you need help with any of the above activities, please do not hesitate to reach out to me to schedule a strategy session, or a free business assessment session.
--Michael Williams