The Impact of COVID-19 on Business Dynamics; Why Organizations Need to Revisit Their Strategic Plan?

Organizations in the field of long-term care such as providers of assisted living, community-based care, long-term care, senior living, and more are facing thousands and millions of dollars in lost revenue associated with the outbreak of COVID-19. As a result of deaths caused by this recent pandemic, senior communities have witnessed a large fall in population. It might be safe to say that COVID-19 has completely disrupted the balance sheets of these organizations and it will certainly have a lingering impact on the overall dynamics of the business world; for-profit and non-profit organizations. While some businesses are able to cope …

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Implementing a Strategic Plan: Now Comes the Hard Part

Strategic Planning.  Typically there are a couple of immediate responses when people start talking about developing a strategic plan – people who decide to fake their own death because they just cannot go through that process again, or people who feel like it is Christmas morning and Santa brought them their very own official Red Ryder Carbine-Action Two-Hundred-Shot Range Model Air Rifle!  When it comes to actually developing the plan, there is a lot of effort put into it.  There are lots of meetings, visioning discussions, revisions, more meetings, templates, verbiage, focus groups, and so on and so forth and what have …

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Steps Towards Creating an Effective Board Meeting

OK, so who has been here – you are either on a board of directors for a non-profit organization, or you are the CEO and you are diving head first into your meeting.  You look down at the agenda and it is chock full of discussion items for each committee, along with each committee presenting their reports, and finally you see the words “strategic planning brainstorming.”  You wonder if this meeting is going to ever going to end… Many organizations struggle with being able to implement steps towards making their board meetings effective.  Does every committee need to run down …

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