Are You on Track With Your Business Critical Path?

Are You on Track With Your Business Critical Path?

With the many resources available to entrepreneurs (classes, incubators, mentors, etc.), it’s never been easier to create a business. Yet, as the business grows, the entrepreneur’s innate ability and talent have less and less impact on the company’s results. Exceeding the competition, finding new clients and keeping your business profitable are challenges that you have to face, regardless of how experienced you are as an entrepreneur or how many years you have been in business. With fires to put out in every corner, the day-to-day hustle of business can easily send your plan and intentions to oblivion! Before you know it, you are nowhere near where you thought you’d be. For more than 15 years, Altima Business Solutions has helped hundreds of entrepreneurs, from startup to small/mid-sized businesses, in a wide range of industries, leverage their powers by developing and executing winning critical path strategies. Critical Path is a project management method first developed in the late 1950s to schedule projects. The US Navy’s Fleet Ballistic Missile (Polaris) Program was behind schedule and needed help resolving the problem. The solution was to divide the project into tasks, organized in the proper sequence of importance and dependencies, estimate the completion time of each task to obtain a clear picture of the entire project. At the same time, the chemical company EI DuPont de Nemours was experiencing delays in its plant turnarounds and came up with an answer similar to the Polaris Program. Applied to entrepreneurship, Critical Path is a comprehensive process for determining a business future and how it can best achieve that goal. It audits the business powers and...