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Published byEmma Woods Modified over 8 years ago
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Vision Orbit
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A one page diagram that summarises the big strategic questions about your business; 1.Where am I now? 2.Where do I want to be in 3 years? 3.What do I have to focus on to make it all happen? What is a Vision Orbit?
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STEP 1 Examples Turnover Income (in your pocket) Net profit Cost structure Investment Target markets / sectors Products / Services strategy Mix of customers (A/B/Cs) Gross margin & strategic aims to develop it Number of customers Customer value (order size v value) Customer growth strategy Lead generation Sales conversions Suppliers – Partners Service Standards Organisational stuff (impact of growth plans) Define the core drivers of success within your business.
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YR3 £K £k ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Current year YR1 YR2 ? ? ? ? ? ? ? ? 3 0 ? ? ??? ? ? ? ? ? Gross Margin Net Profit Business Value Personal Income Turnover STEP 2 Set 3 year targets for them.
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