Bottom's Up Business Planning

The presentation titled “Bottom’s Up Business Planning” from ActionCOACH Central Texas focuses on strategic business planning and mastery in resource allocation. Key topics include preparation for future planning, reverse engineering processes to build effective budgets, and the importance of measurement in business decisions. The speakers emphasize the notion of mastery as foundational to business success, advocating for professional investor-like thinking in tracking data and trends. The framework presented includes five key ways to measure sales models, the significance of detailed measurement for problem-solving, and the necessity of building realistic business plans through structured budgeting and forecasting. Regular plan reviews and accountability are also highlighted as essential components for ongoing success.

• Mastery in business planning is essential and should be the foundation for all strategies.
• Reverse engineering is an effective method for building budgets and plans.
• Detailed measurement and analysis can lead to improved decision-making and problem-solving.
• Understanding financials and creating realistic forecasts is critical for business success.
• Accountability and regular reviews are necessary to ensure alignment and progress toward goals.

Host or Publisher ActionCOACH Central Texas