Stefan Olsen

Posts by Stefan Olsen for News:

In my April 2021 Autumn Update I outlined how I saw the Hawke's Bay business climate as we headed towards Winter – READ IT HERE.And without wanting to sound like a clairvoyant, things have pretty much turned out as I predicted.

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I thought I would tell you the story of two businesses, Business A and Business B. They're both pretty similar, turnover around that five million dollar mark, shareholders and directors working in the business, both of them have around 15 or 20 staff and although they're in different industries they have to do similar things well for their customers.

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In my April 2021 Autumn Update I outlined how I saw the Hawke's Bay business climate as we headed towards Winter – READ IT HERE. And without wanting to sound like a clairvoyant, things have pretty much turned out as I predicted.

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If there's one thing I really enjoy it's just sitting and watching the ocean and it's always changing, different things to look at I was chatting to some folks the other day and it made me realize that actually being in business sometimes is like being in the middle of the ocean let me explain how.

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I thought I'd tell you about a book I just finished recently which is by Greg Crabtree and it's called Simple Numbers Big Profits. I first came across Crabtree when I was reading Vern Harnish’ s book Scaling Up and he provided some of the financial commentary. The comment on the back of the book says ‘there's gold in your simple numbers if you use them to make the right day-to-day decisions’.

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In a couple of earlier vlogs I was talking around shareholders agreements and family charters, and I mentioned a board charter. I've had a couple of people come back to me and say what is a board charter, what does it do, and why would we have one? So I just want to give you a bit of a rundown as to what a board charter does and where it may be appropriate for your business.

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In the previous three instalments about Strategic Reviews, Annual Business Plans & Execution we looked at the importance of strategic reviews, insights gained from staff workshops, and how to find your competitive advantage. In this fourth and final update we look at the all-important business plan.

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In the first two instalments around our current theme of Strategic Reviews, Annual Business Plans & Execution we looked at the importance of strategic reviews and staff workshops to gain insight. In this update we look into the key questions you need to ask on your way to discovering your competitive advantages.

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Previously we introduced the topic of Strategic Reviews, Annual Business Plans & Execution by first looking at strategic reviews. In this instalment we continue with this theme by looking into staff workshops as a way of gaining better insight and how they fit into the Strategic Planning process.

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Over the next three months (July-August-September 2021) we’re going to be looking at Strategic Reviews, Annual Business Plans & Execution. As part of this we’ve pulled insights from two PlanA Consulting clients that we’ll call Business 1 and Business 2.

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