I can offer you - right now - a proven, free, and simple system for 2017 that will grow your business, increase your profitability and reduce the risks facing your organization. It is a standard practice of the world’s greatest companies. And, it is boring, you have heard many times before, and most of you won’t do it.
Create a 2017 business plan.
The findings from a recent Princeton University study showed that small and medium-sized businesses that followed an annual business plan were more than three times as likely to achieve their financial goals compared to those that didn’t. Yet 2 in 3 businesses still don’t do it.
You may be thinking, I have a plan. Yeah, you probably don’t. Maybe you had a meeting, crunched some numbers, and your gonna grow about 12% this year. Or, you reviewed some spreadsheets and wrote on a white board what you want to accomplish. Maybe you even hired a bad consultant and paid for a pretty binder…now, where is it? Or, better still, your plan is right up here (point to your head).
Frankly a good plan is less about its form and more about how you create it and use it. It should be your constitution – a method for your business to act rather than react. A good plan should be a play book and a score card – something you refer to all the time.
So here is the part of the article where I give you 3 to 5 recommendations on creating an effective plan. Again, if you want something sexy, read another blog. If you want to build your business, read on.
Lastly, have fun. When you meet, visualize and articulate the victories and payoffs of success. Napoleon Hill said, "A goal is a dream with a deadline." Remember why you got into this business, and connect your team with their higher purpose. You combine a plan with passion, and there is no stopping you.
If you have any questions or wish to discuss how effective business planning can be implemented within your company, call me at 702-379-6524 anytime. Have a great holiday season!