The last post discussed getting the right people in the right seats at your company in order to carry out your firm’s vision. In this post, we will look at a couple of additional items to consider at this point in the process. One area of your firm to examine closely are the functions (areas of ...

In the previous blog, we talked about creating a vision for your firm by answering eight questions to help clarify your vision.  In this post we will discuss some ideas for getting the right people in your firm to help carry out your vision. We all know that having the right people in the organization is ...

In this blog, I will look at what a business vision is and how to create a vision statement for your firm. What Is a Vision? Your vision can be defined by clearly stating who and what your organization is, where it is headed, and how it is going to get there. Depending upon how many people ...

Part 1 of my blog series on Strategic Planning was about starting the planning process .  To start the process, you must decide you want to grow (or change) your business and you (as well as your Leadership Team) need to find time to dedicate to the process.  You must commit to the process before beginning to define the vision for ...

By creating a systematic strategic planning process, we are creating a plan for getting our business from where it is today to where we want it to be in the future. The first step is to decide to begin the process. Make time to commit to strategic planning on an ongoing basis. Develop a vision of what your firm will look like in the future. Share your vision with your staff.

One of the areas that is often hard for owners of financial advisory firms is spending  time on business financial planning of their own firm.  We all know it takes a considerable amount of time to provide the proper service to current and future clients while also overseeing the other aspects of running your business- all of which devour our time.  Add to this list that you need ...

An article from earlier this month on RIABiz.com by consultant Mike Byrnes, provides 10 pieces of advice from various industry leaders. Read the list and advice here. Some great advice for getting your firm to the next level.