Comments on: Developing Strategy: Who Needs a Business Plan?

By: Joslyn Esser

Joslyn Esser — Thu, 22 Oct 2009 06:54:31 +0000

Good points Robert. I've been in the process of going through the business planning process and definitely prefer the simple, straight forward approach. When the plan is only being used for planning purposes and not outside funding, I would definitely stick with those core questions and spend the effort it would take to write a lengthy plan on those key elements.

By: Joslyn Esser

Joslyn Esser — Fri, 28 Mar 2008 00:31:30 +0000

Good points Robert. I’ve been in the process of going through the business planning process and definitely prefer the simple, straight forward approach. When the plan is only being used for planning purposes and not outside funding, I would definitely stick with those core questions and spend the effort it would take to write a lengthy plan on those key elements.

By: Robert Dempsey

Robert Dempsey — Tue, 25 Mar 2008 22:52:08 +0000

Ben, hedgehog is definitely the way to go. It is one of the concepts written about in the book “Good to Great.”

By: Ben

Ben — Tue, 25 Mar 2008 21:14:38 +0000

Jim Collins teaches a fundamental approaching to running a business: staying within your core (or Hedgehog). That prevents you from jumping on fads, and keeps you focused excelling and growing at what you do. Great stuff.