iEngage 360 offers the entrepreneur a wide variety of tools to development of business, strategic, and operational plans to simplify the process of creating and managing your busienss. There is much to do in the formation and launch of a viable business, that keeping focus on the important tasks become essential to success. Furthermore, identifying and monitoring key indicators for a businesses success can help mitigate the risks faced by a new business.
For an entrepreneur, creating a business plan requires compiling information necessary to create a winning strategy to prove the viability of your concepts and ideas. While business plans for existing companies may have a special focus, such as setting overall goals, reviewing specific operations, evaluating new products, assessing new technology in the industry, or some other specific purpose, the business plan for a startup company is the blueprint for its formation, its operation, and its success.
iEngage 360 allows for the capture, communication, and maintenance of the business plan as it evolves. It lays the foundation of viability, which is necessary to acquire funding, strategic alliance and recruiting key staffing.
In order for a business to be successful, there needs to be a roadmap for success. Strategic planning establishs a plan to achieve the organizations long-term vision, navigating the extended horizon, taking into consideration the changing business landscape. It was Miyamoto Musashi that said "In strategy it is important to see distant things as if they were close and to take a distanced view of close things." - in the Book of Five Rings, The Classic Book of Strategy.
iEngage 360 allows for the capture and communication of the companies strategic plan, which is used to provide direction and focus for all employees.
A strategic plan points to specific results that are to be achieved and establishes an operational course of action for achieving them. A strategic plan also helps the various work units within an organization to align themselves with common goals.
The Strategic plan captures key performance indicators that can be tied to operational performance. The iEngage 360 tool set enables tactical tracking of performance against these indicators. Measuring health and status of the strategic planning process with quantifiable metrics that can be monitored during tactical execution of daily operations.
The process of business planning is made up of several steps. A business plan makes an argument for the viability of a business. A strategic plan is used to outline company objectives and to identify the methods in which those objectives can be reached. An operational plan is the comprehensive way in which each department or division will use its resources to achieve company strategic goals.
Strong links between the business plan, strategic plan and operational plans are needed to allow the company to operate efficiently.
iEngage 360 provides the tools to develop, communicate and monitor progress of your primary business planning.
Our strategic planning process will take into consideration a number of critical factors associated with respect to your goals and objectives, including defining and quantifing how you measure sucess, how to develop key indicators of risk to your plans, and developing processes for effective risk management and avoidance. These are key elements that are missing from a majority of today's strategic plans. When left to tactical management, organizations become reactionary and often chotic in response. By defining and measuring risk strategically, its becomes easier to assess impact and to prioritize mitigation strategies.