To hear Benita Tyler read this article, click the arrow button.
As I sat glued to the television watching commentary on Chrysler and how it is responding to its decline in market share I was struck with a thought about small business. If you have been following my blog, you probably know that I am a big proponent of modeling. In my opinion, having a successful model to follow throughout the business lifecycle is invaluable. So, here I sat watching Chrysler, a once successful automotive superpower, struggling and illustrating a very powerful lesson that every small business owner should always remember. What’s the lesson?
1.Have a fluid plan. Companies need a plan that helps them maneuver through turbulent times. There should be one to cover the short run and expanded to meet long run objectives. Most consultants agree that having at least a three year plan is a good start but take a lesson from the major players. Sit down with stakeholders and discuss the vision. Go out as far as five years in your planning by considering what you have to work with now, what changes need to be made, and what investment it will cost you to continue moving forward.
2.Keep abreast of news in the business world. Pay attention to what industry leaders and CEO’s are saying. It’s in your best interest because they have resources and teams that you may not be able to access. By following their interviews and give clues about next steps based upon what they have been advised concerning the industry, market, and economy that may help you, too. As you clue in on their news and sound bites, follow their lead. Do what the successful do and take the act of planning for the future to heart.
3.Be bold enough to make changes. When you notice things are not going according to plan then it is time to look for ways to improve what you can. Are the signs showing that new leadership is in order? How about the company’s vision? Is it time to eliminate any factors that are holding you back?
I will continue to follow Chrysler’s progress as it moves strategically through its five year plan. Check back often as I report on the impact that planning has on market share, earnings, and profitability.
When you are going in the right direction, there's no choice to go but up! ~TNGSuccess Principles~Success is the progressive realization of a worthy ideal.~Do NOT conform to what everybody else is doing.~Success is a predetermined job that you want to do deliberately.~People usually succeed because they know where they are going.~You are guided by your mind.~Believe and you will succeed!~You become what you think about that is why it is important to control your thinking.On Saturday, I had the opportunity to meet three inspiring and motivating females. They are all fulfilling their dreams and doing what they love to do. Because I am an Internet junkie, I ran across this event for Authors and writers and said to myself: I must attend this event! I was provided knowledge and guidance by individuals who have already accomplished one of the goals on my To-Do list of life. Know what you want to do, hold the thought firmly and do everyday what should be done, and every sunset will see you that much nearer the goal.~Elbert HubbardStephanie L. Joneswww.stephanieljones.comAn entrepreneurial spirit and passion to serve others has guided Stephanie L. Jones through an extensive background in sales, public relations, and community service.In 2005, Jones opted out of the corporate business world in favor of an opportunity to pursue her entrepreneurial goals as a freelance publicist. She successfully designed and coordinated marketing campaigns for organizations, several best selling book authors, and for a nationally distributed women's magazine.Although highly successful in her endeavors, Jones soon took another bold step, this time to fulfill her destiny. She became an advocate for individuals suffering from the effects of child sexual abuse. Jones, author of The Enemy Between My Legs, unashamedly shares her story with audiences around the world on how she was able to overcome the effects of over seven years of child sexual abuse, which began at age five. She is known for her honest approach in dealing with sexual abuse, a subject that few people will openly discuss. She has the ability to understand and connect with abuse victims, especially teenagers and young adults. This has made her a highly sought after speaker for schools, churches, and major organizations.Natasha Munsonhttp://www.sisterlessons.com/http://natashamunson.blogspot.com/http://www.bemagic.org/Originally from New Jersey, Natasha Munson never intended to write a series of books. Instead, her primary goal was to save her teenage cousin from making some of the same choices that had led Natasha to living a life she hated. She wanted to find a way to reach her heart without preaching or yelling at her. So, Natasha began writing down all the lessons she had learned in life. She wrote about everything she had endured, including every piece of wisdom she wished someone had shared with her about life, love, money and relationships.Then she realized that these lessons could help other women as well. “My goal is to empower women by helping them live lives in which they smile in their sleep, love as though they have never been hurt and create lives they love!” says Natasha. "My mission is to empower the community one spirit at a time."Lorraine Sanabria Robertsonwww.Askwifey.comhttp://askwifey.blogspot.com/about Wifey from HusbandShe’s a writer. She’s written a book, Help! I’m a Newlywed… What Do I Do Now? Wife-Saving Advice Every New Bride Must Know to Survive the First Year of Marriage. She’s also written all kinds of articles — entertainment, marriage, parenting, health-related — for national magazines like Upscale, Teen People and Heart & Soul.She’s a successful public relations executive. As the former director of publicity for LaFace Records she’s contributed to the success of several superstar artists like Usher, OutKast, Toni Braxton and TLC. She also worked in higher education for the premiere women’s college for African-American women — Spelman College.She’s a mom. Her son, Miles, is seven and daughter, Milan, is five going on fifteen.She’s a daughter, a friend, a personal trainer, a chocolate lover, a runner, a movie-watcher, a reader, a NBA fanatic… and, most importantly to me, she’s a wife. My wife of nine long, loving, sometimes challenging, but awesome years (our life-changing wedding was featured on The Learning Chanel’s “A Wedding Story”). I wouldn’t trade her for anything. Anything except 50 yard-line seats to see the San Francisco 49ers win the Super Bowl… or Sade. Not really, but if you know someone who can make it happen…Everyone has talent, what is rare is the courage to follow that talent to dark place where it leads. ~Erica JongI have a "Blog spot" where I place informational, factual, and sometimes opinionated-based theories. I know for a fact you could be uplifted through the positive and motivational messages I convey. Excerpts from my book CORPORATE Chics are there as well..when you get a chance check it out!Check some of my work out on http://corporatechic1.blogspot.com/You can also see what I am up to on:http://www.linkedin.com/in/NecoleClouthttp://sistapreneurs.ning.com/profile/CorporateChichttp://twitter.com/buzineswomanhttp://www.necole.worldventures.bizhttp://necole.rovia.com/Home.aspx