Today's success tip comes from John Vamos.
Since starting Business Coaching Systems (BCS), John has become recognised as the pioneer of organisational coaching. John holds directorships in the financial services, management services and hospitality industries. He is also a leading commentator in the commercial press and has authored a book called You Don't Think As Smart As You Are.
What are the essential elements of a great Business Plan?
I would describe a great business plan as having:
* a clear statement of intent or purpose for the business
* an understanding of the core components of the business necessary to deliver that promise
* an expression of the deliverables for each of those core components over the life of the plan
* establishment of who in the organisation will be responsible for each deliverable
* an assessment of the priority that should be attached to each
* an action plan that supports its delivery.
If this is all you ever read about business planning, then you have read all you need to.
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