If you are new to the Business Life series, start here. By now you should have determined your ultimate vision, analyzed your internal & external environment, formulated your strategy for reaching financial freedom and began implementing it. You’re almost at the end of the strategic side of running your life like a business, there’s just a few more hurdles!
Businesses are constantly evaluating whether or not their chosen strategies are having the expected impact upon reaching their ultimate vision. Without evaluating their strategy on an ongoing basis, they’re simply hoping that nothing has changed and the strategies they initially designed are still appropriate and effective today.
Strategic evaluation comprises of three processes. [Read more…] about Business Life Part VI: Strategy Evaluation