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Critical
Action Matrix
This approach to business planning is focused on the fact that
decisions in one area of your business will have some affect
on another part of your business.
With this truth in mind Business
Navigators has developed a matrix approach which forces us
to consider each of the seven areas
of business in the planning process.
We look at “Last” the
period we just finished. Usually we look at the past 12 months.
We
look at “Next” the period just ahead. Usually
the next 12 months. Though often we focus on a five year
period.
We look at “Variance”. What is the difference
between where we are and where we will be and most importantly
we look
at the “The critical action plans” to be
implemented which will get us to our goals.
Each of these
elements are viewed through the lens of
each of the seven areas:
• Office
• Accounting
• Marketing
• Sales
• Production
• Physical
Plant
• Management
The
Critical Action Matrix reduces the possibility of missing an
important consideration in planning
which could stop
success.
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