Companies and non-profit organizations need strategic plans at specific junctures in their existence: when they are new, when they are in crisis, and when they are ready to jump to the next level.
The process of creating an organization’s strategic plan can and should have its own goals. It’s important to plan the planning process. Among other benefits, [...]

Posted in Farm Strategic Planning, Strategic Planning for Business 1 Comment »

How would you explain the relationship between strategic planning and organizational design?
A strategic plan lays out a company’s path to building an economically significant and defensible position in its industry. The plan will specify the target industry, target customers, value proposition and form of the offering, and a business model to most effectively deliver [...]

Posted in Planning for Succession, Strategic Planning for Business 3 Comments »

A business strategic development plan serves as a framework for decision-making or for securing support and approval from partners, employees or stockholders.

While this article is not specifically about farm succession planning, it is about succession strategies in a general sence. There are three reasons why I chose this story – click on the link above [...]

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The online dictionary Wikipedia defines strategic planning as “an organization’s process of defining its direction and making decisions on allocating its resources, including its capital and people. It is often times viewed as a process for determining where an organization is going over the next 3 to 5 years or more”. Strategic planning enables an [...]

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Needless to say, nothing says vacation like the words “Disney World!” – whether you’re a kid of eight or eighty.
If this is something you’re planning for there are several things to consider, not the least of which is how are your going to get there. In other words, you’ve determined your destination and the date, [...]

Posted in Farm Estate Planning, Farm Succession Planning, Planning for Succession No Comments »