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	<title>ACTIONABLE STRATEGIC PLANNING</title>
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	<link>http://www.actionablestrategicplanning.com</link>
	<description>Insights, Tips and Strategies for SUCCESSFUL STRATEGIC PLANNING by Strategic Planning Expert Sherrin Ross Ingram, JD</description>
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		<title>What is a Strategy? Fundamentals of Successful Strategic Planning</title>
		<link>http://www.actionablestrategicplanning.com/?p=61</link>
		<comments>http://www.actionablestrategicplanning.com/?p=61#comments</comments>
		<pubDate>Mon, 22 Oct 2012 06:07:58 +0000</pubDate>
		<dc:creator>Sherrin Ross Ingram</dc:creator>
				<category><![CDATA[Strategic Planning]]></category>
		<category><![CDATA[definition of strategy]]></category>
		<category><![CDATA[fundamentals of strategic planning]]></category>
		<category><![CDATA[strategies versus tactics]]></category>
		<category><![CDATA[strategy definition]]></category>
		<category><![CDATA[successful strategic planning]]></category>
		<category><![CDATA[What is a Strategy]]></category>

		<guid isPermaLink="false">http://www.actionablestrategicplanning.com/?p=61</guid>
		<description><![CDATA[“What is a strategy?” is a question that is rarely asked or discussed by those involved in a strategic planning process.  Most jump right to strategy development. Successful strategic planning requires that you have a working definition of strategy before developing a strategy. And, before you have can have a working definition of strategy, it is equally important to understand what a strategy is not. In this article, I’m going to give you a working definition of a strategy that allows you and your planning team to have a unified basis for evaluating ideas so that you can begin the process of converting ideas into actionable strategies. Developing actionable strategies, after all, is the fundamental basis of successful strategic planning.]]></description>
			<content:encoded><![CDATA[<p>Have you ever noticed how the question of &#8220;What is a strategy?&#8221; rarely comes up in the context of <a title="strategic planning" href="http://www.actionablestrategicplanning.com" target="_blank">strategic planning</a>? The word strategy is frequently used with the assumption that anyone involved in developing strategies knows exactly what a strategy is. It has been my experience that such an assumption is often wrong. Far too often, those charged with the task of strategic planning for their organization do not know or understand the definition of strategy. The result is that what they end up calling a strategy is not really a strategy. With this consequence in mind, I’ll start by discussing what a strategy is not.</p>
<p>Before I begin, please keep in mind that the goal of this discussion is not to get caught up in semantics. The goal is for you and your planning team to have a unified basis for evaluating ideas so that you can begin the process of deliberately converting ideas into actionable strategies.</p>
<p><strong>Strategy versus Tactic</strong></p>
<p>As a strategic planning expert for more than fifteen years, it has been the case most often that I am given a series of tactics when I ask a potential client what is their current strategy for achieving their objective. Most people think they have a strategy when all they really have are tactics. This confusion is common and can undermine the entire strategic planning process. It will serve your strategic planning efforts well to understand and be able to distinguish <a title="strategies versus tactics" href="http://www.actionablestrategicplanning.com/?p=61" target="_blank">strategies versus tactics</a>.</p>
<p>Tactics are specific actions that promote achievement of a strategy. The hierarchical order goes like this:</p>
<p style="text-align: center;">A tactic supports achievement of a strategy.<br />
A strategy supports achievement of an objective.<br />
An objective supports achievement of a mission.<br />
A mission supports achievement of a vision.<br />
Achievement of a vision fulfills purpose.</p>
<p>Only having tactics without actionable and integrated strategies is a primary reason why so many business owners and executives are frustrated and simply spinning their wheels. In other words, they are busier than ever before and investing significant resources, but not experiencing significant progress on their objectives or anything close to the expected return on their investment.</p>
<p>Please do not think for a moment that tactics play a less valuable role in the success of an objective. The right tactics are just as important as the right strategy. Ineffective tactical support can render an otherwise effective strategy useless in (and sometimes destructive to) achieving an objective.</p>
<p><strong>What is a Strategy?</strong></p>
<p>In its simplest form, a strategy is a clear decision and statement about a chosen course of action for obtaining a specific goal or result. While this definition is succinct and suffices for a general discussion, this definition and those like it have no practical value for organizational strategic planning efforts. Why? It provides no basis for evaluating whether a strategy is actionable. Actionable strategies are the only kind that matter in business.</p>
<p><strong>What is an Actionable Strategy?</strong></p>
<p>From the perspective of successful strategic planning, there are two kinds of strategies: actionable strategies and all other strategies. My definition of an actionable strategy states:</p>
<blockquote><p>An actionable strategy is a comprehensively scrutinized decision about the most effective and efficient use of specific resources for <em>systematically</em> increasing competitive advantage and profits over a specific period of time.</p></blockquote>
<p><em>Side note: If increasing competitive advantage and profits over a specific period of time is not the goal of your current strategic planning efforts, then just substitute your goal in this definition to make it specific to your needs.</em></p>
<p><em></em>Actionable strategies are a fundamental part of the Actionable Strategic Planning® process as they support business growth in multiple ways and enhance your chances of success if the right minds are engaged in consistently monitoring, evaluating and integrating new information and adapting the strategy as necessary.</p>
<p>To your  success,<br />
Sherrin Ross Ingram<br />
America’s Leading Power Strategist<br />
<a title="keynote speaker" href="http://sherrin.com" target="_blank">http://www.sherrin.com</a></p>
<p>What are your thoughts about this post? I would love to know. Post a comment on this blog or mention it on Twitter with @SherrinIngram in your tweet.</p>
<p>Follow me on Twitter (<a href="http://www.twitter.com/sherriningram" target="_blank">http://www.twitter.com/sherriningram</a>) and find out why over 60,000 people are already following me!</p>
<p>Connect with me on LinkedIn: <a href="http://www.linkedin.com/in/makeprofitabledecisions/" target="_blank">http://www.linkedin.com/in/makeprofitabledecisions/</a></p>
<p>Be my “Friend” on Facebook: <a href="http://www.facebook.com/sherriningram" target="_blank">http://www.facebook.com/sherriningram</a></p>
<p>PW2QU9BVA2C2</p>
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		<title>Understanding Your Driving Forces for Change</title>
		<link>http://www.actionablestrategicplanning.com/?p=50</link>
		<comments>http://www.actionablestrategicplanning.com/?p=50#comments</comments>
		<pubDate>Fri, 02 Dec 2011 05:27:21 +0000</pubDate>
		<dc:creator>Sherrin Ross Ingram</dc:creator>
				<category><![CDATA[Featured Articles]]></category>
		<category><![CDATA[Strategic Motivation]]></category>

		<guid isPermaLink="false">http://www.actionablestrategicplanning.com/?p=50</guid>
		<description><![CDATA[What will it take to inspire full, uncompromising commitment to improving your situation? Will you need to lose key relationships? Will it take a bankruptcy? Will you need to physically and mentally "burn out" from stress? At the root of these and most other reasons for making a decision to change is fear.]]></description>
			<content:encoded><![CDATA[<p>What will it take to inspire full, uncompromising commitment to improving your situation? Will you need to lose key relationships? Will it take a bankruptcy? Will you need to physically and mentally &#8220;burn out&#8221; from stress? At the root of these and most other reasons for making a decision to change is fear.</p>
<p>Whether it’s fear of being alone, fear of suffering the negative effects of poverty, fear of becoming terminally ill, or fear of business failure, fear (in its many forms) is a powerful motivator. However, it’s been my experience that attempts to change that are motivated by fear fail in due time.</p>
<p>The problem with changes driven by fear is that you need to live in a constant state of fear to stick with your plan and maintain the changes. Living in a long-term, constant state of fear is paralyzing to your mental and spiritual outlook and ultimately leads to physical exhaustion. Once the fear or the perceived threat is diminished (for example, you realize that you won’t live in poverty even if you’re not wealthy), the resolve to remain fully committed to the new changes diminishes also.</p>
<p>I believe it is far better to be driven to change by self-love and self-respect. Love and respect can be just as powerful as fear when it comes to directing behavior. The difference, however, is profound when the long-term effects are compared. Fear produces a stress effect that damages and exhausts the body, mind and spirit. Love and respect heals and builds the body, mind and spirit. Another difference is that the things we do when we are fearful are not usually things we want to do. And, most important, we don’t feel good about ourselves after we’ve done them. Behavior and choices based on love and respect are usually the opposite. We usually want to do the things we do and we feel really good about ourselves after we’ve done them. This even applies to those seemingly unpleasant tasks.</p>
<p>Some extraordinary positive things happen when self-love and self-respect drive change:</p>
<ol>
<li>You recognize that your life is a gift and that your precious gift of life deserves every opportunity to fulfill its potential.</li>
<li>You recognize that it is your responsibility to nurture your gift of life in the highest and best way.</li>
<li>You recognize a need to love yourself enough to be conscious about your choices.</li>
<li>You recognize the need to respect yourself by not sabotaging your opportunities with unsupportive choices.</li>
<li>You make a choice to allow in your life only those things and relationships that honor your life’s purpose.</li>
<li>You recognize that to love and respect yourself in these ways may require fundamental changes in some of your beliefs and the establishment of supportive habits &#8230; and you’re eager to do it.</li>
</ol>
<p>Although everything I&#8217;ve discussed has been in the context of personal change, it all applies equally to your business as well.</p>
<p>Wherever you are in your journey, I encourage you to explore and acknowledge the driving force(s) for your choices and behaviors. Take proactive steps to harness the power of self-love and self-respect. When your desire to change is driven by true love and respect for yourself, you will find it easier to continue doing what is necessary to make and maintain the changes you desire.</p>
<p>Until my next post, keep expecting the best from and for yourself!</p>
<p>Sherrin</p>
<p>Follow Sherrin on Twitter: <a href="http://su.pr/2ZPCv5">http://su.pr/2ZPCv5</a><br />
&#8220;Friend&#8221; Sherrin on Facebook: <a href="http://su.pr/1tLdqx">http://su.pr/1tLdqx</a><br />
Connect with Sherrin on LinkedIn: <a href="http://su.pr/72ISSt">http://su.pr/72ISSt</a></p>
<p>To arrange for Sherrin to come and speak to your organization, visit <a href="http://www.sherrin.com/">http://www.sherrin.com/</a>.</p>
]]></content:encoded>
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		<title>Enhance Goal Achievement by Developing Personal Sales Skills</title>
		<link>http://www.actionablestrategicplanning.com/?p=33</link>
		<comments>http://www.actionablestrategicplanning.com/?p=33#comments</comments>
		<pubDate>Thu, 01 Dec 2011 05:50:56 +0000</pubDate>
		<dc:creator>Sherrin Ross Ingram</dc:creator>
				<category><![CDATA[Featured Articles]]></category>

		<guid isPermaLink="false">http://icfsp.com/?p=33</guid>
		<description><![CDATA[Whether or not you realize it, you’re in sales. "But I don’t make widgets or own my own business," you say. If you think about it, you sell yourself every day to just about everyone you know. You sell your services to your employer and customers, your ideas and opinions to your manager and associates at work, your beliefs and values to friends and family, and so on.]]></description>
			<content:encoded><![CDATA[<p>Whether or not you realize it, you’re in sales. &#8220;But I don’t make widgets or own my own business,&#8221; you say. If you think about it, you sell yourself every day to just about everyone you know. You sell your services to your employer and customers, your ideas and opinions to your manager and associates at work, your beliefs and values to friends and family, and so on.</p>
<p>THE BOTTOM LINE: The better you are at selling, the more goals you’ll achieve. Just think of how much your financial situation, for example, would improve if you were able to sell more of your services or command a higher price for your services. That’s why it makes sense to do all you can to improve your personal sales skills.</p>
<p>Begin improving your sales skills by following Wealth Mentality’s Seven Principles of Sales Success: (1) know your product, (2) know your market, (3) know your customer, (4) service your customers better than anyone else, (5) seek out and exhaust all sales leads, (6) innovate, and (7) continue your education.</p>
<div><strong>Know Your Product<br />
</strong><br />
You are the product. Like a company, your goal should be to offer the best option available for the type of services you provide. That means you should know and capitalize on your strengths. You should also know and work toward improving your weaknesses. Make sure your &#8220;packaging&#8221; is appropriate for and attractive to your market. Get the education and training you need to improve your skills.</p>
<div><strong>Know Your Market</strong></div>
<p>It is critical that you understand what type and size of organization your skills and products are best suited for and what type of customers you enjoy working with.</p>
<div><strong>Know Your Customers</strong></div>
<p>Do your homework! You must know what your customers need and how they want to buy it. For example, maybe you’ve been admiring a company that currently doesn’t have any job openings. How can you work your way in? Do some in depth research and find out what the company needs, understand why the need exists and develop a proposal that shows how you can fulfill this need profitably. This way, you’re offering custom solutions instead of simply asking for a job.</p>
<div><strong>Provide the Best Service<br />
</strong><br />
Always deliver the results you promised and then exceed expectations. Remember, your customer (i.e., your employer or who ever else you serve) isn’t buying your time. Your customer is buying results that help him or her achieve specific goals. Show your appreciation to those who help you along the way by sending thank-you notes, gift certificates or whatever seems appropriate.</p>
</div>
<div><strong>Develop and Exhaust All Leads</strong></div>
<div>
Expand your network and be open to new possibilities. Maybe you’ll meet a great new &#8220;customer&#8221; – a potential friend, business partner, or future co-worker – at that neighborhood party you really don’t want to attend. Go one step further and host gatherings at your home or office. For more ideas on developing leads, review the &#8220;Becoming a Top Business Developer&#8221; series Wealth Mentality Insights.</p>
<p>Also, be persistent and consistent. Failing to follow-up and stay in contact with prospects is a waste of valuable networking time.</p>
</div>
<div><strong>Innovate</strong></div>
<div>
Always look for better ways to provide the best product or service in the most efficient manner.</div>
<div>
<strong>Continue Your Education<br />
</strong><br />
Make sure your Wealth Action Plan includes time and money to improve your sales skills. It will be an investment that’s sure to pay off!</p>
<p>Until my next post, keep expecting the best from and for yourself!</p>
<p>Sherrin</p>
<p>Follow Sherrin on Twitter: <a href="http://su.pr/2ZPCv5">http://su.pr/2ZPCv5</a><br />
&#8220;Friend&#8221; Sherrin on Facebook: <a href="http://su.pr/1tLdqx">http://su.pr/1tLdqx</a><br />
Connect with Sherrin on LinkedIn: <a href="http://su.pr/72ISSt">http://su.pr/72ISSt</a></p>
<p>To arrange for Sherrin to come and speak to your organization, visit <a href="http://www.sherrin.com/">http://www.sherrin.com/</a>.</div>
</div>
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