Tools for Business Planning: The Tiger Toolkit
Great ideas for business, for life…?
The Tiger Toolkit is a suite of tools that enables you to explore and evaluate your business or life ideas. The Toolkit enables you to:
- Develop a vision for your idea
- Organise a strategy to get there
- Evaluate its financial viability
The Toolkit consists of three tools: a Visioning Tool, a Strategy Tool and a Budgeting Tool.
1. Visioning Tool
Great ideas need shape
The Visioning Tool helps you translate your energy and creativity into a statement of purpose: a vision for your business or life idea.
Great ideas are grounded in reality
The Visioning Tool helps you to appreciate the trends that will shape your industry, and understand how you can position your business or life idea to respond to these.
A step-by-step process
You are introduced to a step-by-step process. First, you choose a time horizon for your vision. Then, you scan the business environment and highlight relevant trends; these may include the technological, social and legal factors that will determine the success or otherwise of your idea. Finally, you articulate a vision for your business or life idea that exploits these trends.
The aim is something that balances passion with pragmatics: a compelling vision that is grounded in reality.
Use the Tool
Click Here to view the complete Tiger Toolkit Visioning Tool (page may take a few minutes to display).
If you would like us to email the tool to you then please get in touch.
2. Strategy Tool
Where to start?
A strong vision is a great start. Next is to begin bringing your business or life idea into reality. What are the key milestones between here and there? And what can you do today to get started?
Get from here to there
First, you copy and paste your vision into the top of your strategy map, since everything you do should point towards this. Then, you pick out strands of your vision and articulate them as milestones. Finally, you list activities that will help you to reach these milestones and link them together in a logical order. The result is something like a roadmap for getting from here to there.
Get started today
In this way you link the long-term to the immediate, your greatest ambitions to things you are doing today. Use the Strategy Tool to make a list of things you can do immediately to start bringing your business or life idea into reality. Get started today!
Use the Tool
Click Here to view the complete Tiger Toolkit Strategy Tool (page may take a few minutes to display).
If you would like us to email the tool to you then please get in touch.
3. Budgeting Tool
Simple financial planning
Any business or life plan requires financial credibility. The Budgeting Tool helps you to put numbers to what you have in mind.
Plan for the worst …
First, you list the monthly costs of your business and one-off expenses. Then you think about sources of income and input these. You can view summary tables and visuals that give a snapshot of your financial position month-by-month and at the end of the year.
… Hope for the best
The result is a basis for understanding your cashflow and evaluating the financial viability of your business or life idea. The Budgeting Tool also allows you to test and save multiple scenarios – for example for best, expected and worst cases. The numbers may look good; more likely the exercise will prompt a return to the drawing board! Either way you are well placed to improve your business or life idea.
Use the Tool
The Tiger Toolkit Budgeting Tool runs out of Microsoft Excel. If you would like to try out the tool please get in touch.
