1. Establish a plan.
• Follow the planning process.
• Adapt the process to his organization.
• Build a strategic plan.
• Prepare an operating plan.

2. Create a budget.
• Budget sales and cost of sales.
• Budget labor and other expenses
• Generate a balance sheet.

3. Formalize the budget.
• Conduct budget reviews.
• Plan, execute, and adjust the process.
• Forecast and control results.

1. Form a mission statement.
• Keep the statement simple.
• Involve as many stakeholders as possible.
• Rely on the mission statement for advice.

2. Craft a plan.
• Set objectives.
• Identify required activities.
• Develop plans at all levels.

3. Implement the plan.
• Communicate the plan.
• Reward performance.

4. Evaluate performance.
• Establish performance standards and measure performance.
• Compare performance to established standards.

1. Understand financial structure.
• Look at the big picture.
• Know the elements of financial change.

2. Apply reporting principles.
• Know how balance sheets can help.
• Understand income statements.
• Plan with the cash flow statement.
• Interpret a statement of retained earnings.

3. Manage the financial position.
• Complete the picture.
• Plan for cash flows.
• Know the costs they can control.
• Compute the return of investment.

1. Create a roadmap.
• Spend sufficient time preparing.
• Use effective meeting methods.

2. Conduct the meeting.
• Promote participation.
• Share responsibility for success.
• Address disruptive behavior promptly.
• Provide a framework for group decision making.

3. Confirm the results.
• Summarize and assign action items.
• Make a plan for following up.
• Debrief with participants.
• Strive for continuous improvement.

1. Organize the project.
• Establish the project baseline.
• Establish customer requirements.
• Plan the work.
• Approve the work plan and budget.

2. Implement the work plan.
• Provide leadership.
• Ensure coordination and communication.
• Satisfy the customer.
• Monitor progress.

3. Assess and adjust performance.
• Evaluate ongoing results.
• Address problems and opportunities.