3 P’s of Business Planning Martha Leredu Oct. 2, 2004

Business Planning Tools Strategic Plan Business Plan Business Case

When Do You Need A Plan? At start-up To justify additional resources When change happens Before you are asked for one!

Your Library As A Business What is your market? Who are your competitors? How do you sell your products & services? What resources do you need? How does the environment effect your business?

Getting Started Incorporate your organization’s business goals Use a group process Summarize your SWOT State your vision Test your assumptions

Recognize Opportunities Assess the environment Define the issue Gather information Develop Solutions

What To Do With Your Plan Use it to stay focused Use it to say - yes Present it to key stakeholders Look at it often Revise as necessary

Lessons Learned Change must occur to move forward Nobody else knows what your skills are Resources are available The process is constant, but it gets easier There are no guarantees