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EPISODE · Jan 26, 2024 · 5 MIN

Your Business Keystone

from The Business of Whats Next · host Matthew Shipp

Some key points about developing a Keystone include: - It establishes a long-term vision for where the business is headed over the next 2-5 years. This provides direction and focus. - The Keystone is written as a purpose statement that the entire team can understand and work towards. - It acts as a filter to determine which projects, ideas and activities most directly support achieving the defined purpose and goals. Only initiatives that align with the Keystone get priority attention. - Looking at all business opportunities through the lens of the Keystone helps surface the highest impact work that needs to be done. This leads to clearer prioritization and decision making. - Revisiting goals against the Keystone keeps the business focused on profitability and growth, versus getting distracted by non-essential tasks.  Connect with the HostMatthew ShippBe a GuestLinkedIn: https://www.linkedin.com/in/matthewshipp/Instagram: https://www.instagram.com/matthewjshipp/Facebook: https://www.facebook.com/emberisolutionsEmberi Solutions: https://emberisolutions.com/Buy me a coffee ☕ https://buymeacoffee.com/mattshipp

Episode metadata supplied by the publisher feed · Published Jan 26, 2024

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The Keystone is a foundational element of the profit priority workshop process. It helps the business owners clearly define the purpose and vision of their company. With the Keystone as your guide, decision-making becomes more focused and effective. It helps in avoiding short-term distractions and staying on the path to long-term success.

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