Making Your Company More Strategic (and less Tactical) Part Two

In last week’s blog post, we discussed the difference between strategy and tactics. This week, we dive deeper, discussing ways in which you can put your tactics and strategic planning to work for you. The following chart helps differentiate the two concepts even further: Opportunities, threats, and changes in the marketplace happen faster and with less predictability than they used to. They’re also becoming increasingly interconnected and interrelated in ways we’ve never had to deal with before. The result is a significantly more...

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Trends in Mergers & Acquisitions 2011

Trends in Mergers & Acquisitions 2011 In the past few years, Mergers and Acquisitions (M&A) activity has been badly hit by the economic crisis. The uncertain economy and lack of credit forced many businesses to abandon their M&A strategies and focus on alliances and joint ventures as a means to enhance technology, vertical markets, and revenue growth. Although their confidence must be shaken by recent market activity, some lawyers believe that the world economy is beginning to bounce back, and M&A along with it.  Although the...

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How to make your business more Strategic

How to make your business more Strategic

If you are a business owner, CEO, C-level exec or manager, you’re likely to hear something about strategic planning versus tactical planning on an almost daily basis.  Both are important, yet many business owners and founders tend to focus on the tactical, forgetting all about strategy – and thus, losing out on long term success.  What is the difference between strategy and tactics? Strategic planning is macro-oriented with an emphasis on the big picture and your long term goals and objectives, in approximately 3 to 5 year...

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How to Make Your Company More Strategic (and less Tactical) Part One

If you are a business owner, CEO, C-level exec or manager, you’re likely to hear something about strategic planning versus tactical planning on an almost daily basis.  Both are important, yet many business owners and founders tend to focus on the tactical, forgetting all about strategy – and thus, losing out on long term success.  What is the difference between strategy and tactics? Strategic planning is macro-oriented with an emphasis on the big picture and your long term goals and objectives, in approximately 3 to 5 year increments....

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What Investors Want to See When Evaluating a Financial Model

Business plan financial projections are designed to give an investor or banker a feeling for how well your company can perform, typically over a period of either three or five years. Bankers considering whether to extend a line of credit or grant a loan to a new business will typically seek a three-year model (the SBA standard), while angel investors and private investment firms/VCs look for a five-year model. Financial projections are a blend of art and science.  There is always a leap of faith in the modeling process, for example, can you...

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Venture Capital Trends That Might Surprise You

In June, 2011, Fenwick & West LLP, one of the nation’s premier law firms providing comprehensive legal services to high technology and life science clients, published the results of its First Quarter 2011 Silicon Valley Venture Capital Survey.  The survey/barometer analyzed the valuations and terms of venture financings for 122 technology and life science companies headquartered in the Silicon Valley that reported raising money in the first quarter of 2011.  The Barometer includes an initial angel/seed financing survey and also...

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