What Exactly Are
The Strategic 4Ms?
Method: What do we want to achieve and how do we get there?
Management: Tracking, monitoring, risk management, time management and accountability
Momentum: Set the pace. How fast do we want to get there? What opportunities do we need to be strategically aligned for?
Money: Know your numbers. Revenue goals, budgets, net worth and financial understanding of the business.
What is Method?
Smart strategic planning
Vision for next 10 years
Goal setting
Product development
Leveraging of people, intellectual property
Expansion (area, nation, etc)
Business plans, marketing plans- solid platform to accelerate vision
Business development
SWOT (Strengths, Weaknesses, Opportunities, Threats)
Succession planning
Working with passion and enthusiasm
What is Management?
- Caring about the outcome
- Controlling the outcome and execution of the plan
- Project Management and monitoring
- Teaching/learning
- Delegating
- Applying the ideas
- Staying on track
- Analysis, assessments
- Contracts, procedures, policies
- Managing scalability and growth
- Mergers
- Risk management – What happens if: key people leave, bad clients stay or come, biz explodes/implodes, protection from unforeseen circumstances, back-up plans
- Communications with staff, vendors, distributors, customer service
- Caring about the outcome
- Controlling the outcome and execution of the plan
- Project Management and monitoring
- Teaching/learning
- Delegating
- Applying the ideas
- Staying on track
- Analysis, assessments
- Contracts, procedures, policies
- Managing scalability and growth
- Mergers
- Risk management – What happens if: key people leave, bad clients stay or come, biz explodes/implodes, protection from unforeseen circumstances, back-up plans
- Communications with staff, vendors, distributors, customer service
