Posts tagged "SEM"

Where Do You Find Inspiration?

January 30th, 2018 Posted by Blog Post, Inspiration, Uncategorized 1 thought on “Where Do You Find Inspiration?”

Where Do You Find Inspiration?

Before answering that question, it’s important to note that there is a difference between inspiration and motivation. Motivation is external and compels you to do something. Inspiration is internal – something you feel.

As an example, three deaths by suicide served as the motivation behind writing the book, Business is ART and development of Plan Canvas, the strategy execution management (SEM) software that is based on the book.

Motivation isn’t inspiration

Those deaths were external events that triggered a desire to help others. It is a horrible means of motivation, but, sometimes, tragedy, or hitting rock bottom, is needed to motivate us to do something positive.

But the inspiration for creating these particular tools came from somewhere else. The book was literally conjured in a dream. The software was first envisioned as the table of contents for the book was being written, particularly when business as ART was laid out as a 12-step process (defined processes lend themselves well to being systematized).

So a more appropriate question might be….

HOW do you find inspiration?

An article at Inc. provides 25 simple ways to find inspiration. We really like this list. In fact, many of these same notions are included in Business is ART.

Find inspiration

Watch this demo to see how Plan Canvas can help you find inspiration.

Our favorite 5 from the article are listed here, along with a brief explanation of how you can actually follow them in Plan Canvas:

  1. Write it down – Plan Canvas encourages you to record everything that is important about your business in the tool.
  2. Evaluate your goals – You then produce a Progress Report to review with others to track how you are doing with all of those critically important items.
  3. Simplify – Plan Canvas is built on this key principle. Planning your business and executing to that plan should be simple, not over-bearing.
  4. Question all assumptions – Within Plan Canvas, you document all major assumptions, the risk associated with the assumption, the impact if the risk occurs, the likelihood it will occur, and, importantly, how you will mitigate against that risk.
  5. Focus on yourself – Plan Canvas includes a Personal Plan for anyone to focus on themselves, regardless of whether they are an entrepreneur, business owner, organizational leader or not.

Everyone is different

Some people find inspiration while in hurry up mode. Others need quiet, uninterrupted time. Whatever the case may be for you, the most important thing is to have an open mind. Inspiration often comes in the most unexpected ways – but we have to be open to being inspired for it to happen.

What is SEM – Strategic Execution Management?

December 12th, 2017 Posted by Blog Post, Business is ART, Business Plan, Objective, Strategic Planning, Strategy, Vision 1 thought on “What is SEM – Strategic Execution Management?”

As we prepared to launch Plan Canvas, a bootstrapped passion project led by subject matter and technical experts, none of who had a clue about marketing and public relations, we began thinking about how to truly position ourselves in the market.

Plan Canvas’ origins are in the book Business is ART (Articulate, Revise, Track), which makes it clear that there is a distinction between strategic planning and strategic management.

See related post 2 Main Phases of Business – Planning it and Running it.

How to differentiate

So, from the start, Plan Canvas has never been about “develop a one-and-done business plan” even though the prevailing sentiment erroneously assumes that is exactly all a business plan is – one-and-done. Instead, Plan Canvas has always been about executing to and revising the plan as you move along. That is where the real benefit of planning is realized.

So rather than being a simpler business planning tool in a saturated market, we knew we had to position ourselves differently because we are genuinely different.

As an unknown startup with limited means to reach large numbers of potential customers, we were excited (and somewhat shocked) to accept an invitation to meet with representatives from technology research firm Gartner, who had come across Plan Canvas through our humble and limited content marketing efforts.

Should Gartner decide at some point to review Plan Canvas in greater detail, it would be a tremendous honor because Gartner is a major influencer.

A Eureka Moment

In the meantime, they provided us with the perfect answer to our question – how do we position ourselves in the market?

The answer is that Plan Canvas fits into an emerging market of Strategic Execution Management, or SEM, tools. At a very high level you can think of SEM as the bringing together of business/strategic planning and project portfolio management (PPM) – with a focus on communication and the achievement of measurable results.

From Gartner’s perspective, SEM tools support the process of ART-ful strategy execution in several ways, including, but not limited to:

  • Visualizing the organization’s strategies, goals, missions, objectives, plans, projects, etc – Articulate
  • Prioritizing any continuing, upcoming and in-flight investments relative to strategies – Articulate, Revise
  • Continuous planning and project investments – Articulate, Revise
  • Capturing actual metrics – Track

Plan Canvas does this and more, including the additional elements of Gartner’s definition of SEM.

We’re getting there

And so we carry on with our journey to put Plan Canvas in the hands of those who stand to benefit from its use – but now with a renewed sense of who we truly are.

Step 1: Build and validate the product – CHECK!

Step 2: Determine the market position – CHECK!

Step 3: Determine appropriate market messaging and introductions to influencers – WORKING ON IT!

Plan Canvas is a community and a powerful software for improving your odds of business success and personal fulfillment.

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