A good strategic plan will look
out 3 to 5 years and describe clear- ly how the business will fl ourish. Planning takes resources and time, but there are many reasons it can help improve the business. • Sets direction and priorities: Planning defi nes top goals and priorities and establishes a pro- cess to reach them.
• Helps gain alignment: Every- one in the organization needs to work toward common goals and understand the value of his or her role in accomplishing these.
• Improves effi ciency: Planning helps make good use of resourc- es and time.
• Identifi es a competitive advan- tage: The company needs to be in a better position in the mar- ketplace.
• Spurs creativity: The planning process can bring new and in- novative ideas to the table. Once a plan is developed and
written, the key to success is im- plementation and follow-through. Make certain that strategies are communicated across the organiza- tion so everyone has a responsibil- ity for achieving these items. A fa- cilitator or consultant also can help ensure your team is following the right strategies and meeting these objectives on schedule. The agriculture industry is fi lled
with change, volatility, uncertainty and opportunity. Surviving uncer- tainties requires following a plan. Whether it’s building new facili- ties or getting better training for supervisors or employees, spend time this year not only creating a plan but following it to ensure the long-term success of your business. Visit
GrowPeopleFirst.com for
more ways to develop your opera- tion or business, leadership and employees.
tscra.org
LONE STAR AG CREDIT & TEXAS LAND BANK
HAVE COMBINED FORCES TO PROVIDE YOU WITH THE BEST SOLUTIONS FOR YOUR FINANCIAL NEEDS.
EXPANDING OUR TERRITORY TO BETTER SERVE YOU
Your agribusiness & land lending cooperative
LoneStarAgCredit.com 800.530.1252
March 2014 The Cattleman 29
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