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The VTO is unparalleled because it organises both the ‘vision’ component of your business and includes your plan to make that imagination a reality. The simple approach involves answering eight central questions to acquire the entire leaders team thinking and working on the same page. What is in your VTO – the Vision page
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What makes a VTO unique to a business?
The VTO is unique because it organises both the ‘vision’ component of your business and includes your plan to make that vision a reality. The simple approach involves answering eight fundamental questions to get the entire leadership team thinking and working on the same page. What is in your VTO – the Vision page
Which is the best Microsoft business plan template?
A Microsoft business plan template can help get you started. Business plan templates offer step-by-step instructions and prefabricated slides for your executive summary, company overview, financial plan, and more.
What's the best time horizon for a VTO?
Businesses can select the time-horizon – five-25 years – however typically, clients want a horizon of 10 years. This is equatable to your BEHAG (Big Hairy Audacious Goal) and once defined helps everyone to see the big picture of the organisation – where it’s going.
What are the two parts of a VTO?
It is divided into two parts: the specific targets of what you will achieve (future date, revenue, profit and measurables), plus “what does it look like” where we paint a picture with the number of employees, clients, new products, market and sales efforts, awards you will win and so on.
Last Update: Oct 2021
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It defines the blank in which you do business; IT identifies what you do better than anyone else.
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