Steve Scott, is a seasoned entrepreneur who was formerly based in Birmingham, Alabama. Today, he operates out of Puerto Rico, where he works as Chief Executive Officer of Blue Water Management and Consulting.
Steve Scott has operated entrepreneurial endeavors like Scott’s Pawn & Jewelry in areas like Birmingham, Alabama, for decades. His strategic planning skills are some of many that allowed him to succeed.
If you’d like to refine your own strategic planning skills, tips like those below can point you in the right direction:
- Test Your Theories
Strategic plans involve theorizing about outcomes. If you do not test your theories before putting a plan into action, you do little more than make educated guesses. Short-term experiments can save tens of thousands of dollars.
- Use Clear Language
Strategic plans are sometimes rife with phrases like “Reshape and Leverage Trade Strategy, Improve Synergy and Maintain Market Access.” Many business-people banish “fuzzy” words and mandate clear language that laypeople can understand.
Consider speaking with an experienced businessperson like Steve Scott, formerly of Birmingham, Alabama, for additional advice on strategic planning improvement. Alternately, pick up a popular book on the topic or attend a nearby seminar.