How to create a “Virtuoso” or Expert business and strategic plan

How to create a “Virtuoso” or Expert business and strategic plan
A virtuoso is an expert having special knowledge or skills in a particular field. He is an individual possessing outstanding ability in a designated field. In layman’s language, he can be said to be above the rest in his field of expertise.

Any expert however, is not born with skills that make him a Virtuoso. It requires a good understanding of what works and what not. The same is achieved to a huge extent with the right Strategy in place. A strategy is the blueprint for achieving your end purpose. It is a result of careful analysis and weighing in environmental changes. Through a strategic plan we lay out the means to achieve the future goals and the long term objectives of an organization.

To define the strategic plan of an organization we need to find out the Vision, Mission and the Goals of the organisation. The long term objectives are the current state and the very purpose of the organizations existence, all these need to be laid out before embarking on your Entrepreneurial journey. A strategic plan needs to take into consideration not only the internal factors but also the external factors that affect an organization. An organization needs to develop the Best and Worst case scenario it will operate in and accordingly have a contingency plan in place.

The external factors affecting the plans of an organization can be evaluated very well by using advanced models. Some of them are:

• SWOT (Strength, Weakness, Opportunity and Threat) Analysis
• PEST (Political, Economic, Social and Technological)
• STEER (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors)

A method or a combination of these methods helps determine the factors affecting, hindering and promoting, the organizational strategies. It helps us introspect into the finer areas which require attention.

A Strategic Plan needs to be very concrete. It specifies the Goals in specific quantifiable terms. This helps set a benchmark against which the performance of the organization can be measured on a regular going basis. Competition is another area which needs to be looked into. One needs to factor in the influence of competitors decisions on our activities and vice versa. In a competitive environment, it is not possible for a firm to operate in isolation.

In short, a Strategic Plan is based upon innumerable factors which need to be evaluated. An IDEA might be excellent but poor planning and poor execution will result in complete failure. It will be a waste of a good idea if it is not matched with a Strong Plan of Action.

To get more insight on how to build your own Strategic Plan, contact www.bizvirtuoso.com
Do you have a strategy for your business???

Cynthia,
Biz Virtuoso, Inc.

Team Building methods that will increase productivity

An efficient team requires fairly less guidance to carry on with their job. All problems are taken care of in a creative manner. Meetings and debated are held where constructive comments are offered and workplace issues are openly discussed. To get the team to this stage, corporate entertainment can be used as team building techniques. Creative thinking is encouraged in an environment that is very motivational through good team building methods. Original team building activities can be recognized best by giving the staff limited resources and a progression of challenging problems.
With the help of effective team building methods, the stronger team members support the weaker ones thereby improving their performance to a great extent. These exercises promote time for reflection and review.

In today’s world, everyone expects something that is a little more sophisticated added on with a unique element of competition that will truly make them slightly more motivated to do their job with perfection. The element of competition for team building is very important as the business would need to compete for the purpose of survival. To support this, the team building organizations devise interesting contexts like themed events for the challenges. A series of challenges which require very good creative thinking, communication skills and team work are completed by the delegates for them to succeed. The basic element of motivation is derived from the surveillance context, the need to acquire recognition and a short span of time for completing the tasks. Another pioneering team building idea could be the corporate entertainment event. Nothing can be worse for team building exercises than standing idly and watching. So when you are choosing a team building event, think carefully. In spite of the sustained efforts, if the team fails to improve, the reason can be the lack in the correct steps that are made towards the efforts.

For the team to understand where, they lack the following should be kept in mind. They should have clear performance expectations, the context of the work should be understood, and that is, they should know the reason as to why they are participating in any of the team works. A sense of commitment needs to be present so that they feel responsible for their deeds. A team without the feel of competition would be incomplete. They should have a good network of communication, creative innovation and a sense of control. Coordination is the key to success for any team, where the team should get accustomed to any kind of cultural change and should also be aware of the good or bad consequences. Thus, people in every workplace talk about team
building and working as a team but only a few are able to understand the methods to create the experience of team work or the ways to develop an effective team.

Does your team work effectively??? Visit me @ www.bizvirtuoso.com

The Twittering Class – How this can help your business?

The Twittering Class – How this can help your business?

Twitter is a very popular microblogging site. It is not only used individually but also in the corporate establishments. As this platform connects people from various walks of life, it proves to be the most widespread knowledge sharing zone. The following methods explain how it can help your business.

Network development
There are many businesses and people on Twitter who share similar interests as you do. Use can use tools available on the net to find out business and people located nearby or within your geographical area. Use Twitter search to find out the ‘n’ number of people and businesses who you can connect to. The more people you follow, the more followers you get. With increasing followings and friends, your network spreads and so does your business.

Networking with contacts
In business, you come across various clients and customers. Why not develop a network with them? You sure will get connected to more and more people; friends and friends of friends.

Use it to spread the word
You may have announcements, important notifications, on new launches, among various other things. Any content, be it on your website or on your blog, can be easily redistributed on Twitter. Customize your tweets manually to keep it fresh and interesting.

Share links
What you think or read might draw general interest. Share some great links, from your blog or a great article or news that you have come across. People love reading. For example, if you have submitted any story on Reddit, Digg or StumbleUpon, simply share the link on Twitter.

Pitching journalists
If you have journalists following you, pitch a story idea to them.

Communicate
Live Tweeting is important as that makes your presence felt. You also come to know about events very relevant to your business vertical.

Hire people
Let your followers know that you need someone for a particular job. Twitter assures great response.

Do you network through Twitter??? Visit us on our website @ www.bizvirtuoso.com
A helping hand in all your business needs

Biz Virutoso, Inc.

A Helping Hand In All Your Business Needs!!!!

PR and your business –Is it worth the investment?

PR and your business –Is it worth the investment?

When you start a business you need the help of “P R” (public relation) take your product to your customer, make your business known and heard of. Unlike big business small business owners cannot effort to spend a chunk of his investment on PR solely. Again publicity cannot be ignored as it is bolster for business.

So first identify the objectivity of your enterprise, then your goal. Having set the goal, form strategies to accomplish your objectivity and the tactics needed to implement them. You can do PR by yourself by way of interview in print and electronic media, articles in newspapers, community participation. Now, to bolster your biz volume take the treaded way along with the newer mode of communication i.e. utilize the power of the Web, particularly social networks which are inexpensive. Create web site, utilize social networking.

Judy Spencer, Emerald Director with Amway joined the company as a registered consumer, where as a home maker, she would buy goods for her home at a discounted rate. But soon she plunged completely into the network business. Today she has more then 6,000 down line and a steady income. Describing her success story she said she made people aware about the benefit they would get though the company, held community meetings. Her business rose by leap and bound from work of mouth and recommendation.

Again, Kenny Dale in Kansas City had a roofing business 30 years ago. An unusually violent tornado hit Kansas City a few years ago. It left thousands of shake shingle roofs in wreck. Demand for roof repairs far exceeded local contractors' abilities to meet them. Kenny realized here was a long-term opportunity for him. The day after the storm Kenny called all the local television news programs. He described his operations and credentials, and expertly instructed desperate viewers how to use plastic sheeting, heavy wood staples and plywood to create an effective temporary roof. Kenny became his own very effective public relations consultant. Kenny and Judy are a prime example of a small business owner's inborn ability to combine their own resources with basic public relations techniques to achieve excellent result.

So whatever may be the way but PR is the right step to public relation for small entrepreneurs as it is a must to bolster your enterprise and hence worth the investment.

Do you use tools to bolster your business??? Visit our website @ www.bizvirtuoso.com we are your helping hand.

Cynthia
Biz Virtuoso, Inc.