Most entrepreneurs have a business plan. But what about a game
plan?
While a business plan is a document aimed at impressing
investors, a game plan is a document implemented inside a company
to sell managers and employees on a realistic look at the business
and the goals to reach. Game plans "look at what's working
and what's not," says Jan B. King, an El Segundo,
California, media consultant and author of Business Plans to Game Plans.
Entrepreneurial introspection appears to be a growing trend:
Sixty-four percent of fast-growing companies now have strategic
plans in place that they reassess annually or more frequently,
according to a study last summer by accounting firm
PricewaterhouseCoopers.
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Make sure your business plan is in place before thinking about a
game plan. If sales need to increase 50 percent over the next 12
months, for example, the game plan will lay out what everyone in
the company needs to do on the job to make it happen.
To get started, outline a few companywide goals, and discuss how
the team can get there. Involve employees and advisors in the
process, then update the game plan annually to reflect new goals
and strategies. This is one case where gaming the system just might
work.
Apply Yourself
Today's job seekers can sit at home and apply for positions
over company Web sites. It's fast and easy.
But it's not so simple for employers, who are required to
collect race, gender and other information from everyone who
applies online, and then keep it on file for two years-a daunting
prospect when thousands of job seekers can inundate company Web
sites with resumes.
To ease the load on employers, the Department of Labor, the
Equal Employment Opportunity Commission and other federal agencies
settled this spring on a new definition of online
"applicant" that will let employers utilize three
criteria to determine if they need to collect and keep paperwork
from those applying online. First, the employer must be trying to
fill a particular position. Second, the online applicant must
follow the employer's process when applying. Third, the online
applicant must indicate interest in a specific position within the
company.
The new definition will make record keeping easier for companies
with more than 15 employees that are required to collect and keep
data on those who apply, says Larry Lorber, employment and labor
partner with Proskauer Rose in Washington, DC. "You're not
going to have the record-keeping burden [of figuring out] for every
resume what job the person may have been applying for," he
says. "It should be a cost-saving rule to follow." Stay
tuned.
Nearly
2/3
of employees say their company has not fully communicated what its
brand stands for.
Statistic Source:
The Sterling Group
13%
of U.S. businesses have had to deal with lawsuits caused by
employee e-mail.
Statistic Source:
American Management Association/The ePolicy Institute
is a freelance journalist in the Chapel Hill, North
Carolina, area.